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Top News & Analysis United States

  • CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for May delivery was 2 cents lower at $4.2020 a bushel; May corn was down 1.20 cents at $3.5740 a bushel; May oats was down 3.20 cents at $2.4820 a bushel while May soybeans lost 4.40 cents to $9.9520 a bushel. April live cattle was. 78 cent lower at $1.2168 a pound; March...

  • WASHINGTON— Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home sales rose 6.1 percent month-over-month to a seasonally adjusted annual rate of 592,000, the Commerce Department said Thursday. The median sales price in February of a new home was $296,200, a decline that might reflect that...

  • WASHINGTON— The Latest on the upcoming health care vote in the House:. Former President Barack Obama is celebrating the seventh anniversary of his landmark health care law, saying in a statement on Thursday that "America is stronger because of the Affordable Care Act." Obama does not directly address GOP efforts to repeal his law, which are coming to a head Thursday...

  • WASHINGTON, March 23- The Federal Reserve has begun preparing the public and markets for higher inflation, but has left unanswered the question of how high inflation might go and for how long. A new research paper from economists at the Fed's Washington- based Board of Governors suggests that policymakers should allow prices to rise by around 3.0 percent...

  • WASHINGTON— US new-home sales rise in February to most in 7 months as builders ramp up construction.

  • DUBAI, March 23- Oil giant Saudi Aramco has selected Samba Capital as one of two banks to work as an adviser on its planned share sale in Riyadh, banking sources told Reuters on Thursday. At least six investment banks pitched for a role advising the world's largest oil producer on its listing on the Saudi stock exchange in Riyadh, the Tadawul. Samba Financial Group,...

  • WASHINGTON— Long-term U.S. mortgage rates slid this week from their highest levels of 2017.. Mortgage buyer Freddie Mac said Thursday that the rate on 30- year, fixed-rate home loans fell to 4.23 percent from 4.30 percent last week. To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week.

  • March 23- Wall Street was little changed in early trading on Thursday amid signs that President Donald Trump is struggling to get enough votes to pass a healthcare bill in Congress. Trump was set to make a final push to secure the votes to begin dismantling Obamacare in the House of Representatives, with signs that enough Republicans might defect to jeopardize...

  • WASHINGTON, March 22- A U.S. Senate committee easily passed a bill on Wednesday to enable the nuclear regulator to license advanced nuclear reactors that backers say are safer than conventional plants and can help deal with a growing waste problem. The bill has brought together some Republicans eager to prevent the United States from falling behind China and...

  • CARACAS/ PUNTO FIJO, Venezuela, March 22- G rumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves. Venezuela, which also has the world's cheapest gasoline, has wrestled with intermittent gasoline shortages in recent months, especially...

  • U.S. SENATE BANKING CHAIRMAN CRAPO CALLS FOR SECURITIES AND EXCHANGE COMMISSION "TO HAVE ROBUST COST BENEFIT ANALYSIS".

  • NEW YORK, March 23- U.S. President Donald Trump faces a vote in the House of Representatives on a plan that would roll back the signature healthcare law of former President Barack Obama. There is a growing consensus of people who perhaps think that the healthcare bill might not pass, and maybe the market got a little ahead of itself with the expectations of what...

  • ORLANDO, Fla.— Walt Disney World, Universal Orlando and SeaWorld are engaged in legal battles with the county appraiser and tax collector regarding what their massive properties are worth. Most valuable parcel in dispute, by market value: Walt Disney World's Grand Floridian Resort, valued at $554 million. Source: Orange County Property Appraiser, Orange County...

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion lawsuit in which the bankruptcy administrator of MF Global Holdings Ltd accused the auditor of malpractice that led to the collapse of the brokerage run by former New Jersey governor Jon Corzine. Terms were not disclosed, but the case was "settled to the mutual satisfaction of the parties,"...

  • NEW YORK— The trial between bankrupt brokerage MF Global, run by former New Jersey Governor Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with both parties saying they have reached a settlement. The trial, in the U.S. District Court of the Southern District of New York, was supposed to last five weeks. At the center of the...

  • ORLANDO, Fla.— It takes a lot of land to accommodate Cinderella's castle, The Wizarding World of Harry Potter and Epcot's 11- country World Showcase— and a hefty purse to pay the property taxes on it. To cut tax bills in the tens of millions of dollars, the specialists at Orlando's famous theme parks have employed methods from the creative— placing cows on undeveloped...

  • *Israel aims to export medical-grade cannabis. Tel Aviv, March 23- Israel, a leader in marijuana research and health technology, is attracting international investment as it tries to position itself as a cutting-edge exporter in the rapidly-growing market for medical-grade cannabis. Israel aims to fill the void by combining its expertise in agriculture,...

  • March 23- U.S. healthcare conglomerate Johnson& Johnson became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos. Wireless carriers Verizon and AT&T said on Wednesday they would suspend digital ads on YouTube, joining a list of well-known...

  • NEW YORK, March 23- Alex Trebek may be an American icon, but he hails from a little nickel-mining town in northern Ontario. A: I was a bellhop at the Nickel Range Hotel, where my father worked as a chef. The Monday I was supposed to start at 8 a.m., I had just been on a school trip on a Greyhound bus through Ottawa, Montreal and Quebec City.

  • NEW YORK, March 23- Alex Trebek may be an American icon, but he hails from a little nickel-mining town in northern Ontario. A: I was a bellhop at the Nickel Range Hotel, where my father worked as a chef. The Monday I was supposed to start at 8 a.m., I had just been on a school trip on a Greyhound bus through Ottawa, Montreal and Quebec City.