Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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The Crisis in Venezuela Could Send Oil Prices Soaring
By Nick Cunningham, Oilprice.comVenezuela’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...
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The Risk That Could Drive Oil Prices Higher in a Hurry
By Nick Cunningham, Oilprice.comThe 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...
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The Chernobyl Wasteland Could Find New Use as a Huge Solar Farm
By Irina Slav, Oilprice.comEnergy independence, especially if you don’t particularly like the country you currently depend on, is a very strong motivator for the adoption of renewable energy. Ukraine has recently become a...
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Why US Companies Are Left Out as Iran Gets Back to Business
It’s hard to say who pounced more quickly, the Iranians or the rest of the world, when punishing international sanctions were lifted last month. In a matter of days, the Islamic Republic is back in...
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Here’s How Iran Will Rejoin the Global Financial System
By Jonathan Saul, ReutersIran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian counterparts using global transaction network SWIFT, Iran's Middle East Bank and a...
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Oil Prices Slide to 11-Year Low, but OPEC Keeps Pumping
By AMANDA COOPER, ReutersBrent crude oil prices hit their lowest in more than 11 years on Monday, driven down by a relentless rise in global supply that looks set to outpace demand again next year. Oil production is running...
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Here’s Why U.S. Investors Are Getting Excited About Iran
By Mike Bird, Business InsiderIran is entering the global economy, and some investment-bank analysts are starting to get pretty excited. Most outsiders see Iran as an anti-Semitic Islamic state run by extremists who tolerate...
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Can ISIS Save the Russian Economy for Putin?
By Rob GarverWestern governments presented a united front in imposing economic sanctions on Russia in the wake of Vladimir Putin’s decision first to invade part of Ukraine in 2014 and later to continue supporting...
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Here’s How Climate Change Could Drag 100 Million People into Poverty
By Megan Rowling, ReutersWithout the right policies to keep the poor safe from extreme weather and rising seas, climate change could drive over 100 million more people into poverty by 2030, the World Bank said on Sunday. In...
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China vs. Yellen: 3 Scenarios That Will Determine the Fate of the Global Economy
It's pretty clear by now: The theme of the economic expansion of the last few years, and the powerful bull run in global markets, has been the aggressive effort by central banks to paper over...
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Putin Is Still Backed by Russia’s One Percent. Here’s Why.
By Dina Gusovsky, CNBCThe segments of the Russian population that, arguably, have the best chance to dissuade President Vladimir Putin from his actions in Ukraine are business leaders and the rich. But despite having lost...
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The Problem with Greece Is that It Isn’t Just Greece
By Rob GarverThe ongoing discussions between European Monetary Union finance ministers over the future of Greece are complicated by the fact that anti-austerity parties similar to Greece’s Syriza movement are...
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Ukraine Deal Would Mean a Sunday Ceasefire. Will It Hold?
By Vladimir Soldatkin and Pavel Polityuk, ReutersGermany, France, Russia and Ukraine agreed a deal on Thursday that offers a "glimmer of hope" for an end to fighting in eastern Ukraine after marathon overnight talks. But all four leaders said there...
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How India Could Help U.S. Battle ISIS
By Sanjeev Miglani and Roberta Rampton, ReutersIndia could play a role in battling Islamic State, the White House said on Monday during a visit to New Delhi by President Barack Obama, underlining Washington's confidence that India is increasingly...
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Wall Street Will Look to Fed for Global Risk Impact
By Caroline Valetkevitch, ReutersThe Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European...