Budget Battles
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Musk and Ramaswamy Outline Plan to Slash Federal Workforce
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Trump Picks TV’s Dr. Oz to Run Medicare and Medicaid
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Johnson Signals Plan for Looming Shutdown Deadline
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Trump Announces Another Shocking Cabinet Choice: RFK Jr. for HHS
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Trump’s Stunning Staffing Picks Set Off Political Shockwaves
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Johnson Says This Could Be ‘Most Consequential Congress’ of Modern Times
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Trump Preps for Immigration Crackdown With Key Appointments
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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, ReutersIn 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...
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Delaware Sues Opioid Manufacturers, Distributors Over Epidemic
By Nate Raymond, Reuters(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making,...
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Trump's Coal Job Push Stumbles in Most States
By Valerie Volcovici, ReutersWASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...
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Trump Tries to Sell Tax Reform to Democrats
By David Morgan, ReutersWASHINGTON (Reuters) - President Donald Trump intensified his efforts to sell Democrats on his tax reform plan on Wednesday even as Senate Republicans edged closer to passing a budget measure that...
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Trump's drug czar nominee withdraws from consideration
By Sarah N. Lynch and Makini Brice, ReutersWASHINGTON (Reuters) - The U.S. lawmaker who was President Donald Trump's pick for drug czar withdrew on Tuesday after a report he spearheaded a bill that hurt the government's ability to crack down...
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Senate Republicans Gain Crucial Support for Budget Vital to Tax Reform
By David Morgan, ReutersWASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump's hopes of signing sweeping tax reform...
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U.S. consumer finance agency expected to punish Equifax: lawyers
By Reuters and Patrick RuckerBy Lisa Lambert and Patrick Rucker WASHINGTON (Reuters) - The U.S. consumer finance watchdog agency is expected to punish Equifax for its cyber breach with the wide-ranging powers it has used with...
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U.S. incomes, poverty rate bounce back to pre-recession levels in 2016
By ReutersBy Susan Heavey WASHINGTON (Reuters) - The U.S. poverty rate fell for the second straight year in 2016 while median income rose to an all-time high of $59,000 as the economy made up ground lost...
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No Talk of Ousting Speaker Ryan, Key Conservative Says
By ReutersMany 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...
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Congress sends Trump disaster aid, debt limit increase
By Richard Cowan and Amanda Becker, ReutersWASHINGTON (Reuters) - The U.S. House of Representatives approved a bill to provide disaster aid, extend the debt ceiling and fund the federal government for three months on Friday, delivering on...
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How the Amazon-Whole Foods Deal Could Squeeze the US Economy
By Jeff Cox, CNBCAmazon CEO Jeff Bezos has changed the way the retail world operates. He may be about to exert a similar level of pressure on the economy and expectations for future price trends at the supermarket...
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Why Home Builders Are Cutting Back on New Construction
By Lucia Mutikani, ReutersU.S. homebuilding fell for a third straight month in May to the lowest level in eight months as construction activity declined broadly, suggesting that housing could be a drag on economic growth in...
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The Fed Raises Interest Rates Again, but Where’s the Inflation?
By Lindsay Dunsmuir and Howard Schneider, ReutersThe Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its...
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Is Capitalism Ailing? Why Bill Gross Says It’s Time to Cut Your Risks
By Jennifer Ablan, ReutersBond investor Bill Gross warned on Tuesday that investors should reduce their risk appetite, given the U.S. growth rate is stunted by secular forces "which monetary and even future fiscal policies...
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Why a Soaring Stock Market Makes Tax Reform Harder
By Jeff Cox, CNBCFor the principal part of President Donald Trump 's agenda to get passed, it may take something as dramatic as a sharp stock market pullback, according to one Wall Street analyst. As the political...