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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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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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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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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France Just Made a Big Move Toward a Green Energy Future
By Bate Felix and Simon Carraud, ReutersFrance 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...
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Is Cash No Longer King? The Future of Paper Money
By Dana Kornberg, The ConversationOn June 27, the ATM turns 50 . Former U.S. Federal Reserve Chairman Paul Volcker once described it as the “ only useful innovation in banking .” But today, the cash that ATMs dispense may be on the...
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Why Janet Yellen Says We Don't Have to Worry About Another Financial Crisis
By William Schomberg and Marc Jones, ReutersU.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the...
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Why the Global Economy Isn't Even Close to Kicking Its Addiction to Oil
By Robert Rapier, Oilprice.comThe notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons. This new idea is that we will...
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A Trillion Dollar Plan to Rebuild the World Makes China the New Global Leader
While most of the world wonders nervously what’s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.
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Why We Hate Our Jobs -- and How We Can Learn to Love Work Again
By Jim CliftonWhile the world’s workplace is going through extraordinary change, the practice of management has been frozen in time for more than 30 years.
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Big Banks Just Got Serious About Bitcoin Technology
By Arjun Kharpal, CNBCA group of 40 major banks, including Goldman Sachs and Barclays, have tested a way to trade fixed income assets using the blockchain, the technology that underpins bitcoin, in a move that highlights...
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ISIS Marches Towards Libya’s Oil Crescent, Despite US Air Strikes
By Joao Peixe, Oilprice.comThe Islamic State (ISIS) is taking on recruits faster than anyone can keep up with, and it’s heading towards Libya’s oil crescent, eyeing billions of barrels that a country at war with itself cannot...
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Here’s Why Interest Rates Could Be Locked in Until 2018
By Rob GarverWhen the Federal Reserve decided that it was time to start normalizing interest rates back in December, the debate over the wisdom of the decision was generally limited to whether the central bank...
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How Bad Is the Oil Glut? This Producer Is Giving Crude Away
By Charles Kennedy, Oilprice.comIn an oil sector first, the oil-rich United Arab Emirates (UAE) has offered free oil to India in return for a storage deal at India’s planned underground facility as the supply glut worsens and some...
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Here’s Where Negative Interest Rates Are Coming Next
By Katy Barnato, CNBCIn the wake of recent rate cuts by the Bank of Japan and the Swedish central bank, U.S. Federal Reserve Chair Janet Yellen told lawmakers that she was open to the possibility of introducing negative...