Global Economy
  • Senator Ben Cardin (D-MD) arrives at Democratic Party caucus meeting on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas/ File Photo

    Factbox: What happens in a U.S. government shutdown?

    By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, Reuters

    In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...

  • FILE PHOTO: Senator John Barrasso (R-WY) speaks during a press conference on Capitol Hill in Washington, U.S., September 12, 2017.   REUTERS/Joshua Roberts

    No Talk of Ousting Speaker Ryan, Key Conservative Says

    By Reuters

    Many Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...

  • Venezuela's President Nicolas Maduro waves during a pro-government rally with workers of state-run oil company PDVSA, in Barcelona

    The Crisis in Venezuela Could Send Oil Prices Soaring

    By Nick Cunningham, Oilprice.com

    Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...

  • FILE PHOTO: Arellano, deputy of the Venezuelan coalition of opposition parties (MUD), clashes with national guards during a rally against Venezuela's President Nicolas Maduro's government in Caracas

    The Risk That Could Drive Oil Prices Higher in a Hurry

    By Nick Cunningham, Oilprice.com

    The latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very...

  • Emmanuel Macron, head of the political movement 'En Marche!', or 'Onwards!', and candidate for the 2017 presidential election, delivers a speech as he attends a meeting for Women's day in Paris, France

    France Just Made a Big Move Toward a Green Energy Future

    By Bate Felix and Simon Carraud, Reuters

    France aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 years later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up...

  • Britain's Prime Minister David Cameron speaks at a "Britain Stronger in Europe" rally at Birmingham University in Birmingham

    David Cameron's Great Blunder

    By Hilton L. Root

    First Britain, now Italy, what’s next? The Brexit has triggered the EU’s worst political crisis. And to make matters worse Britain’s Prime Minister David Camron steps down on Wednesday, having bet...

  • FILE PHOTO - A view of the exterior of the Nasdaq market site in Times Square in New York City, NY, U.S. April 25, 2017. REUTERS/Shannon Stapleton

    Dow, S&P hit record closing highs on greater risk tolerance

    By Sam Forgione, Reuters

    NEW YORK (Reuters) - The benchmark U.S. S&P 500 stock index set record closing and intraday highs for the second straight day on Tuesday and the Dow Jones industrial average reached record highs...

  • Britain's Home Secretary, Theresa May, leaves after a cabinet meeting in Downing Street in central London

    Under Theresa May, the UK Will Still Be Heading Toward Brexit

    By CJ Arlotta, The Fiscal Times

    With Conservative leadership candidate Andrea Leadsom bowing out of the race for prime minister, the United Kingdom’s departure from the European Union may become reality. Home Secretary Theresa May...

  • FILE PHOTO: Crude oil is dispensed into a bottle in this illustration photo June 1, 2017.     REUTERS/Thomas White/Illustration/File Photo

    Strong U.S. jobs report powers stocks to weekly gain

    By Dion Rabouin, Reuters

    NEW YORK (Reuters) - Wall Street stocks rose on Friday, recovering all the losses sustained after Britain's surprise vote last month to leave the European Union, and equities around the globe also...

  • Gold

    Are We at the Beginning of a Bull Market for Gold?

    By Tom DiChristopher, CNBC

    Gold is at the dawn of a new bull market as financial risks abound, VanEck gold and precious metals strategist Joe Foster said Wednesday. Foster spoke after gold rose to $1,377.50 an ounce, its...