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  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • Jan 29- U.S. vehicle safety regulators want to find whistleblowers with knowledge "of possible defects or any wrongdoing" by Takata Corp, stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries. The National Highway Traffic Safety Administration told Reuters it was urging potential informants to call its...

  • NEW YORK, Jan 25- The average price of a gallon of gasoline in the United States fell 13.3 cents in the past two weeks, falling to its lowest level since late April 2009, but the end of a months-long slide may be near, according to the Lundberg survey released Sunday. Prices for regular grade gasoline fell to $2.07 a gallon in the survey dated Jan. 23 from the previous...

  • WASHINGTON, Jan 21- Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. Alaska, Arizona, Kentucky, Massachusetts, Michigan, and Vermont all expect to miss their revenue forecasts, according to the report. New Mexico and Indiana are...

  • LONDON, Jan 21- The eight states at the heart of the American shale oil revolution all grew faster than the U.S. national average over the last decade, according to the U.S. Bureau of Economic Analysis, underscoring the importance of oil production to the U.S. economy. North Dakota's private industry achieved a spectacular CAGR of 7.4 percent while Wyoming, Utah and...

  • WASHINGTON, Jan 14- A plunge in energy prices is hitting America's oil and gas producers, leading some firms to lay off workers while others struggle to get loans, the Federal Reserve said on Wednesday. The Fed's monthly Beige Book report on business activity had some evidence of this economic boost, with firms telling the Fed that lower gasoline prices helped...

  • WASHINGTON, Jan 13- The "CyberCaliphate" hacking group that attacked a Twitter account belonging to the Pentagon on Monday was founded by a Briton who was once jailed for hacking the personal address book of former British Prime Minister Tony Blair, according to government sources and private sector security experts. Hussain, who lived in Birmingham, England,...

  • US gas prices haven't been this low since... Monday, 12 Jan 2015 | 8:06 AM ET
    The gas cash price for regular fuel is displayed at $1.79 a gallon at a Mobil station in Livonia, Mich., Jan. 6, 2015.

    The average price of gas in the U.S. fell to its lowest level since April 2009, according to the Lundberg survey released Sunday.

  • NEW YORK, Jan 11- The average price of a gallon of gasoline in the United States fell 27 cents in the past three weeks, falling to its lowest level since April 2009, according to the Lundberg survey released Sunday. Prices for regular grade gasoline fell to $2.20 a gallon in the survey dated Jan. 9 from the previous survey on Dec 19. The highest price within the survey...

  • HOUSTON, Jan 9- New oil and gas well permits issued across the United States rose slightly in December and surged 72 percent in Colorado and Wyoming after falling sharply in November on tumbling crude prices. New permits plunged nearly 40 percent in November compared to October, signaling a potential slowdown in the shale oil and gas boom that brought the United...

  • WASHINGTON, Jan 2- The White House will soon announce a nominee to the Federal Reserve Board, a person familiar with the matter said on Friday, in a move that would begin the process of filling one of the Fed's two empty seats in Washington. The person said the White House will announce a nominee next week or the following week, adding that the nominee will likely have a...

  • JUNEAU, Alaska, Dec 31- Former U.S. Democratic Senator Mike Gravel, who represented Alaska in the 1970 s, said on Wednesday he would head a Nevada company that develops and markets cannabis throat lozenges and other products in states that have taken steps to legalize weed. Gravel's appointment comes two months after Alaska and Oregon voted to legalize marijuana...

  • State winners, losers crowned in oil shock Monday, 22 Dec 2014 | 11:33 AM ET
    Tesoro's oil refinery in Los Angeles

    Oil's drop in price is affecting states across the country in different ways, but Alaska's hit has been the hardest.

  • Slowdown signs emerge for oil states as crude slides Monday, 15 Dec 2014 | 7:25 AM ET
    Workers prepare pipes used in the drilling of shale gas.

    Some of the nation's top oil states are showing early signs of a slowdown as a result of the plunge in crude prices.

  • That will widen Alaska's budget gap to almost $3.4 billiuon, Fitch said in a Dec. 11 report. States such as Texas, North Dakota, Alaska, Oklahoma and New Mexico are all likely to feel strains next year, Wells Fargo Securities municipal analyst Roy Eappen said in a recent report. Meanwhile, household sentiment in Texas, Louisiana, Oklahoma and Arkansas where memories...

  • Texas, North Dakota, Oklahoma, New Mexico and Colorado together account for almost 98 percent of the total rise in U.S. oil output since the beginning of 2008.. But Oklahoma, New Mexico and Colorado have collectively contributed almost an extra half million barrels per day compared with January 2008, according to the U.S. Energy Information Administration.

  • NEW YORK, Dec 8- Oil production from the United States' biggest shale plays is poised to keep expanding at the same breakneck pace into early next year, according to new U.S. projections released on Monday that highlighted a slow response to tumbling prices. Oil production from the three main plays- the Bakken, Eagle Ford and Permian Basin- is set to rise by some...

  • COLUMN-Oil in Arcadia: John Kemp Monday, 24 Nov 2014 | 9:05 AM ET

    Some of that crude came from states such as North Dakota, Texas and Alaska, and the rest from foreign suppliers like Canada, Saudi Arabia, Venezuela and Nigeria. On Saturday, the New York Times published a carefully researched essay chronicling "The Downside of the Boom" about how " North Dakota took on the oversight of a multi-billion dollar oil industry with a...

  • NEW YORK, Nov 24- U.S. fund firms are taking extra measures to make sure they don't get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise. Over the past few months a growing number of asset managers, including Neuberger Berman, Natixis Global Management and T. Rowe Price have been...

  • Nov 23- The average price of a gallon of gasoline in the United States dropped 10 cents in the past two weeks, hitting a four-year low, according to the latest Lundberg survey released on Sunday. The gasoline price is down about 41 cents a gallon from a year ago and has dropped 88 cents from a 2014 peak of $3.72 in May. The highest price within the survey area within 48 U.S....