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Top News & Analysis United States

  • THUNDER HORSE OIL PLATFORM, Gulf of Mexico, June 27- A bout 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. This is just one of the four Gulf of Mexico platforms on which BP has staked its future in U.S. oil production.

  • BEIJING— China's top economic official tried to quell fears surging debt might threaten growth, saying Tuesday financial risks are "generally under control" and Beijing can achieve this year's development targets. Speaking at a meeting of the World Economic Forum in the northeastern city of Dalian, Premier Li Keqiang also gave a ringing endorsement of free...

  • The White House

    The White House said on Monday the Syrian government appears to be preparing another chemical weapons attack and it warned of consequences.

  • NEW YORK— Several prospective jurors have been excused from the federal securities fraud trial of an ex-pharmaceutical company executive because they claimed they couldn't be impartial. Jury selection will continue Tuesday morning in Brooklyn. During jury questioning Monday, several potential jurors said they couldn't ignore Martin Shkreli's...

  • *OPEC has been pushing to curb output, fight glut. West Texas Intermediate crude futures were up 12 cents, or 0.3 percent, at $43.50 per barrel by 0323 GMT. "The market has fallen a lot as the news has been bad pretty consistently for the oil market," said Ric Spooner, chief market analyst at CMC Markets in Sydney.

  • Pedestrians pass in front of a Sprint store in New York

    Sprint is in exclusive talks with Charter Communications and Comcast on a potential wireless services deal, the WSJ reported, citing sources.

  • SINGAPORE, June 27- U.S. soybeans rose half a percent on Tuesday, extending gains into a third session after the U.S. Department of Agriculture pegged the condition of the crop below market expectations. The Chicago Board Of Trade most-active soybean contract rose 0.5 percent to $9.11-1/ 2 a bushel by 0211 GMT, corn gained 0.3 percent to $3.60 a bushel and wheat...

  • Collins' opposition highlights the delicate balance that Senate Majority Leader Mitch McConnell must strike as he tries to deliver a legislative win to President Donald Trump by reconciling the Republican Party's moderate and conservative wings. Key conservative senators have said the Senate bill does not do enough to repeal Obamacare.

  • West Texas Intermediate crude futures were up 3 cents at $43.41 per barrel by 0148 GMT and Brent crude futures added 6 cents at $45.89 per barrel. "Three days of price action has been interesting, it has been short covering," said Ric Spooner, chief market analyst at CMC Markets in Sydney. OPEC states and 11 other exporters agreed in May to extend cuts of 1.8 million...

  • Trump was also warm but made clear he sees a need for more balance in the U.S.- India trade relationship in keeping with his campaign promise to expand American exports and create more jobs at home. Last year the U.S. trade deficit with India neared $31 billion. Trump said he was pleased about an Indian airlines recent order of 100 new American planes and that the...

  • SYDNEY, June 27- U.S. soybeans rose nearly 0.5 percent on Tuesday, extending gains into a third consecutive session, after the U.S. Department of Agriculture pegged the condition of the crop below market expectations. *The USDA rated 67 percent of the U.S. corn crop in good to excellent condition, unchanged from the prior week, but below analysts' expectations.

  • WASHINGTON, June 26- Escalating a trade dispute with Canada in the run-up to talks on renegotiating NAFTA, the U.S. Commerce Department on Monday imposed preliminary anti-dumping duties on Canadian softwood lumber of up to 7.72 percent. Canada, which denies it subsidizes producers, said earlier this month it would give C $867 million in aid to the domestic...

  • WASHINGTON, June 26- President Donald Trump on Thursday will lay out his plan for reducing regulations to boost already-abundant U.S. production of oil, natural gas and coal and export it around the world, creating American jobs and helping allies. "Weve gone from the age of scarcity now to the age of abundance when it comes to American energy," Mike Catanzaro, a White...

  • The White House is launching its "energy week" with a series of events focused on jobs and boosting U.S. global influence. The previous weeks were largely overshadowed by ongoing probes into whether Trump campaign officials colluded with Russia to influence the 2016 election, as well as scrutiny over Trump's firing of James Comey as FBI director.

  • Trump plays nice with Modi

    While there were "potential irritants" between the countries, the meeting appears to have been positive, says Anil Gupta, University of Maryland.

  • OPEC states and 11 other exporters agreed in May to extend cuts of 1.8 million barrels per day until March. However, Nigeria and Libya, OPEC members exempt from the cuts, have raised output. Hedge funds and other money managers appear to have abandoned all hope that OPEC will rebalance the oil market, slashing formerly bullish bets on crude futures and options, John...

  • NEW YORK— The Latest on a retracted CNN story about a supposed investigation in a Donald Trump associated and the head of a Russian investment fund:. CNN says it has accepted the resignations of three employees involved in a retracted story about a supposed investigation into a pre-inaugural meeting between an associate of President Donald Trump and the head...

  • **SINTRA, Portugal- Introductory speech by the European Central Bank President Mario Draghi at the ECB forum on central banking in Portugal- 0900 GMT. SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. SINTRA, Portugal- ECB...

  • **SINTRA, Portugal- Introductory speech by the European Central Bank President Mario Draghi at the ECB forum on central banking in Portugal- 0900 GMT. SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. SINTRA, Portugal- ECB...

  • Trump was also warm but made clear he sees a need for more balance in the U.S.- India trade relationship in keeping with his campaign promise to expand American exports and create more jobs at home. Last year the U.S. trade deficit with India neared $31 billion. Trump said he was pleased about an Indian airlines recent order of 100 new American planes and that the...