By Chuck Mikolajczak NEW YORK (Reuters) -U.S. Treasury yields and the dollar climbed on Thursday, while a gauge of global stocks stumbled after a stronger than expected reading on U.S. inflation cast[...]
Read more
Updated
U.S. Imposes Sanctions on Israeli Settlers, Two West Bank Outposts
By Simon Lewis and Daphne Psaledakis WASHINGTON (Reuters) -The Biden administration imposed sanctions on two Israeli outposts and three settlers it accused of undermining stability in the occupied Wes[...]
Read more
Oil prices climb as revised IEA outlook signals tighter market
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Thursday to settle at four-month highs as the International Energy Agency predicted a tighter market in 2024 and raised its view on oil deman[...]
Read more
U.S. FDA Staff Raises Concerns Over Data From J&J, Bristol’s Car-t Therapies
(Reuters) -The U.S. Food and Drug Administration’s staff on Wednesday raised concerns that it was unclear if Johnson & Johnson and Bristol Myers Squibb’s cancer cell therapies would be[...]
Read more
U.S. Supreme Court’s Alito Extends Pause On Texas Immigration Law
By John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court Justice Samuel Alito on Tuesday extended a temporary pause on a Republican-backed Texas law allowing state law enforcement authorities to arrest[...]
Read more
US Senator Menendez pleads not guilty to obstruction of justice charges
By Luc Cohen NEW YORK – U.S. Senator Bob Menendez pleaded not guilty on Monday to a new indictment charging him with obstruction of justice, as the embattled Democratic lawmaker’s corrupti[...]
Read more
Oil dips 1%, posts weekly loss as markets weigh Chinese demand
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed 1% lower on Friday and fell even more for the week as markets remained wary of soft Chinese demand even as producer group OPEC+ extended suppl[...]
Read more
State of the Union: Biden vows to raise taxes on wealthy, corporations
By David Lawder WASHINGTON (Reuters) -U.S. President Joe Biden vowed Thursday to raise taxes on wealthy Americans and large companies, announcing plans in his State of the Union address to hike corpor[...]
Read more
Oil prices up 1% on small build in US crude stocks, Fed rate cut remarks
By Scott DiSavino NEW YORK (Reuters) – Oil prices edged up about 1% on Wednesday on a smaller-than-expected build in U.S. crude inventories, a big withdrawal from distillate and gasoline stocks[...]
Read more