Top News & Analysis Wyoming

  • WASHINGTON/ QUINCY, Mass., Sept 9- U.S. After Boston Federal Reserve President Eric Rosengren spoke on Friday, odds on a rate hike in September rose to 30 percent probability from 24 percent before his comments. After the more dovish Federal Reserve Governor Daniel Tarullo spoke, that had fallen to a 20 percent chance.

  • HOUSTON, Sept 7- A U.S. judge on Wednesday halted a plan to allow fracking on public lands in central California, saying a federal agency's environmental plan should have taken a "hard look" at the potential impact of the process. District Judge Michael Fitzgerald, was at least the second setback in three years for fracking in California and came as the Obama...

  • pumpjack, oil

    EOG Resources said it would buy Yates Petroleum for $2.5 billion, the latest move by a U.S. energy firm to acquire acreage in the Permian Basin.

  • Sept 6- EOG Resources Inc said on Tuesday it would buy privately held Yates Petroleum Corp for $2.5 billion in stock and cash, in the latest move by a U.S. energy company to acquire acreage in the Permian Basin, one of the country's most cost-effective oil fields. EOG's shares rose more than 6 percent to $94.40 early Tuesday afternoon as analysts said the deal was...

  • Oil and gas companies, encouraged by an uptick in oil prices, have been buying up acreage in the Permian Basin in west Texas and eastern New Mexico- the nation's largest shale oil play- as the region is considered among the most cost-effective and most viable to drill. EOG will issue 26.06 million shares valued at $2.3 billion and pay $37 million in cash in exchange...

  • Sept 6- EOG Resources Inc said on Tuesday it would buy privately held Yates Petroleum Corp and some of its subsidiaries and other entities in a deal valued at $2.5 billion to boost its assets in the Permian and Powder River basins. Oil and gas companies, encouraged by an uptick in oil prices, have been buying up acreage in the Permian Basin in west Texas and eastern...

  • Yellow taxi cabs line up outside the Delta Terminal at LaGuardia Airport in Queens, New York.

    Driverless car technology will also be a disaster for the millions of Americans who work as long-haul truckers, bus drivers or cab drivers.

  • *AUD edge off low after slightly better than expected China data. Earlier in the week, the U.S. currency had carved out significant gains against its peers following comments from Federal Reserve Chair Janet Yellen last Friday at a central bankers' gathering in Jackson Hole, Wyoming that revived near-term rate hike prospects. The dollar will not be making much...

  • TOKYO, Sept 1- The dollar wavered against the yen and euro on Thursday, its advance put on hold ahead of the closely-watched U.S. non-farm jobs report on Friday which is expected to shape the market's near-term interest rate expectations. On the week, the U.S. currency has gained about 1.5 percent against the yen following comments from Federal Reserve Chair Janet...

  • Fischer had said on Friday that Fed Chair Janet Yellen's speech at the global central bankers conference in Jackson Hole, Wyoming, was "consistent" with the possibility of a September hike, catapulting the dollar's value. Stock markets were mixed in thin trading, with activity in Brazilian markets especially subdued as traders monitored the Senate...

  • MELBOURNE, Aug 30- London copper rose on Tuesday as risk appetite grew on bets of further easing by the world's central banks after a meeting in Jackson Hole, Wyoming at the weekend, and as London markets reopened after a long holiday break. *Shanghai Futures Exchange copper traded up 0.1 percent at 36,410 yuan a tonne. *Zhongwang USA LLC, backed by Chinese aluminum...

  • NEW YORK, Aug 29- U.S. Treasury prices rose on Monday as foreign investors swooped in and bought Treasuries following a market selloff Friday that took yields on benchmark 10- year notes to their highest since Britain's surprise vote to exit the European Union in late June. Comments from Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer on...

  • NEW YORK, Aug 29- U.S. Treasury prices rose on Monday as foreign investors swooped in and bought Treasuries following a market selloff Friday that took yields on benchmark 10- year notes to their highest since Britain's surprise vote to exit the European Union in late June. Comments from Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer on...

  • NEW YORK/ LONDON, Aug 29- Gold rebounded from a near five-week low as the dollar dropped on Monday, shrugging off earlier pressure by top Federal Reserve officials' comments fueling speculation that U.S. interest rates would rise sooner rather than later. Speaking at a meeting of leading central bankers in Jackson Hole, Wyoming, Fed Chair Janet Yellen said on...

  • Treasury prices rose on Monday as investors bought Treasuries following a market selloff Friday that took yields on benchmark 10- year notes to their highest since Britain's surprise vote to exit the European Union late in June. Comments from Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer on Friday, perceived as raising the likelihood of...

  • NEW YORK, Aug 29- The U.S. dollar broadly extended gains on Monday and reached a three-week high against the yen after Federal Reserve officials' hawkish comments on Friday raised expectations that an interest rate hike is more likely in the coming months. At an annual gathering for global central bankers in Jackson Hole, Wyoming, Fed Chair Janet Yellen said the...

  • *European shares in the red, Wall Street seen unchanged. LONDON, Aug 29- The dollar rose to a three-week high against the yen on Monday, while bond yields surged to their highest since June and stocks sold off after senior Federal Reserve officials indicated a U.S. interest rate increase was on the cards soon. But on Friday, at an annual gathering of global central...

  • LONDON, Aug 29- The dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials bolstered expectations that U.S. interest rates would rise soon. Treasury yields rose to their highest since June and rate futures indicated the market priced in more than a 30 percent chance of a hike in September, up from 18 percent before Fed...

  • Speaking at a meeting of leading central bankers in Jackson Hole, Wyoming, Fed chair Janet Yellen said on Friday that an improvement in the economy and the labor market in recent months had boosted the case for hiking rates. The CME Group's FedWatch tool showed the market pricing in more than a 30 percent chance of a hike in September, up from 18 percent before...

  • *European shares in the red, Germany's DAX down 1 percent. LONDON, Aug 29- The dollar rose to a three-week high against the yen on Monday, while bond yields surged to their highest since June and stocks sold off after senior Federal Reserve officials indicated a U.S. interest rate increase was on the cards in the near term. But on Friday, at the Fed's annual gathering for...