Normally, when the Fed starts loosening policy it does so amid clear-cut signs of economic weakness.Economyread more
Wall Street economists are anxiously awaiting Wednesday's FOMC meeting.Marketsread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Tesla shares are nearing Morgan Stanley's price target but the firm isn't sure how to tell investors to value Elon Musk's company.Investingread more
Companies are increasingly willing to pay for employees to go to the doctor. Uber is partnering up with Grand Rounds, a start-up that sells into the employer channel, to make...Technologyread more
But it's still unclear when the currently stalled trade negotiations between the two economic superpowers will restart, Lighthizer said.Politicsread more
Apple's iOS 13 update, which will be available in the fall for iPhones, will let Siri read your text messages to you through your AirPods. Here's how to set it up.Technologyread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
Facebook is leading the FANG stocks this year, and Miller Tabak's Matt Maley foresees more upside.Trading Nationread more
Ford says its 2020 Mustang Shelby GT500 has 760 horsepower and 625 foot-pounds of torque, making it the most powerful street-legal Ford.Autosread more
Gulf tankers@ (Adds quotes, background)
WASHINGTON, June 13 (Reuters) - U.S. Secretary of State Mike Pompeo said on Thursday that the United States has assessed, based on intelligence, type of weapons used and level of expertise needed, that Iran is responsible for the attacks on tankers in the Gulf of Oman.
He offered no concrete evidence to back up the assertion.
"It is the assessment of the United States government that the Islamic Republic of Iran is responsible for the attacks that occurred in the Gulf of Oman today," Pompeo told reporters.
"This assessment is based on intelligence, the weapons used, the level of expertise needed to execute the operation, recent similar Iranian attacks on shipping, and the fact that no proxy group operating in the area has the resources and proficiency to act with such a high degree of sophistication," Pompeo said.
Two oil tankers were attacked on Thursday and left adrift in the Gulf of Oman. The attack drove up oil prices and stoked fears of a new confrontation between Iran and the United States.
The White House said President Donald Trump had been briefed.
Washington accused Tehran of being behind a similar attack on May 12 on four tankers in the same area, a vital shipping route through which much of the world's oil passes. (Reporting by Lesley Wroughton; Writing by David Alexander Editing by Sonya Hepinstall)