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Top News & Analysis United States

  • SYDNEY, June 25- U.S. soybeans fell 1 percent on Monday as heightened trade tensions between the United States and China depressed prices. *The grain and soybean complex came under pressure amid escalating trade tensions between the United States and China. *The buoyant euro kept the dollar from hitting an 11- month high on Monday, with trade issues between the...

  • Chinese President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017.

    President Donald Trump plans to bar many Chinese companies from investing in U.S. technology companies and block additional technology exports to China, The Wall Street Journal reported.

  • *Australian, Canadian dollars buoyant as oil rallies after OPEC. TOKYO, June 25- The buoyant euro kept the dollar from hitting an 11- month high on Monday, with trade issues between the United States and the European Union seen deciding the near-term direction for the currencies. The dollar, however, began to sag towards the end of last week as U.S. yields lost their...

  • BEIJING, June 24- China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points, releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms. The reserve reduction, the third by the central bank this year, had been widely anticipated by investors...

  • **DUBLIN- International Monetary Fund Managing Director Christine Lagarde visits Dublin. **FRANKFURT- Introductory remarks by ECB Vice President Luis de Guindos at the Bond Market Contact Group organized by the ECB in Frankfurt 1200 GMT. **LONDON Bank of England external member of the Monetary Policy Committee Jonathan Haskel's Treasury Select Committee...

  • Federal Reserve Today in Washington. 26- Jun Japan Auction of 20- year government bonds 26- Jun United Kingdom 1 3/ 4% Treasury Gilt 2037 26- Jun United States Sale of 2- year notes 27- Jun Italy Zero-coupon/BTPi auction 27- Jun Norway Auction Treasuries 27- Jun United States Sale of 2- year floating rate notes 27- Jun United States Sale of 5- year notes 28- Jun...

  • More trade tensions could see a stronger dollar: Analyst

    Cliff Tan of MUFG Bank says the Trump administration's push to "dismantle" the global trade regime could lead to a stronger dollar.

  • NEW YORK, June 24- SL Green Realty Corp. is buying a stake in the office tower at 245 Park Avenue in New York City from embattled Chinese conglomerate HNA Group, according to the Wall Street Journal. HNA has been seeking to sell assets after overstretching itself through a debt-fueled buying spree in 2016 and 2017 that included purchasing 245 Park Avenue for $2.21...

  • This strategist says there may be a silver lining to the U.S.-China trade spat

    Todd Horwitz of Bubba Trading says a resolution to the trade tensions between the U.S. and China could switch the market's focus to fundamentals.

  • WASHINGTON— President Donald Trump is lobbing new threats against U.S. trade partners. Trump says Sunday on Twitter that the U.S. is "insisting" that countries remove "artificial" trade barriers and tariffs on U.S. imports to their countries "or be met with more than Reciprocity by the U.S.A." He says "Trade must be fair and no longer a one way street!"

  • GAINESVILLE, Ga.— With Gary Ramey's fledgling gun-making business taking off in retail stores, he decided to start offering one of his handguns for sale on his website. Payment processing firms are limiting transactions, Bank of America stopped providing financing to companies that make AR-style guns, and retailers like Walmart and Dick's Sporting Goods...

  • June 24- Workers have contained nearly half of the crude oil spilled near Rock River in northwest Iowa over the weekend following a freight train derailment on Friday, BNSF Railway Co said. The cause has not been confirmed, although Iowa Governor Kim Reynolds attributed it to an intense storm and flash flooding in an emergency proclamation issued by her office...

  • DOON, Iowa— Crews are working to contain and clean up crude that spilled when an oil train derailed in northwestern Iowa. BNSF railroad spokesman Andy Williams says workers have unloaded oil from 10 of the oil tank cars that didn't leak after Friday's derailment. Officials have said 14 of the 32 cars that derailed in Lyon County leaked oil.

  • CAMARILLO, Calif.— The average price of a regular gallon of gasoline fell 6 cents over the past two weeks, to $2.95. Lundberg said Sunday that oil prices recently rose $3 per barrel after OPEC said it is limiting oil production. The lowest average gas price recorded in the contiguous 48 states was $2.44 a gallon in Charleston, South Carolina.

  • "Jurassic World: Fallen Kingdom" topped estimates to devour $150 million from 4,475 locations in North America this weekend. The Chris Pratt and Bryce Dallas Howard- led tentpole has already amassed $711.5 million worldwide, including $561.5 million overseas. Universal, the studio behind "Fallen Kingdom," is celebrating its second-best opening ever, only...

  • SAN FRANCISCO— At San Francisco's Tawla restaurant, Muna Anaee powdered her hands with flour and gently broke off a piece of golden dough to prepare bread eaten in Iraq, the country she fled with her family. The Refugee Food Festival— a joint initiative of the United Nations Refugee Agency and a French nonprofit, Food Sweet Food— started in Paris in 2016 and came to...

  • ATLANTIC CITY, N.J.— When four of Atlantic City's 12 casinos shut down in 2014 and a fifth followed two years later, it seemed to many that the city's gambling industry was in an irreversible death spiral. The former Trump Taj Mahal will reopen as the Hard Rock, and the former Revel will reopen as the Ocean Resort Casino. It was bought by Hard Rock International, owned by...

  • DUBAI, June 24- The Iranian rial plunged to a record low against the U.S. dollar on the unofficial market on Sunday, continuing its slide amid fears of returning U.S. sanctions after President Donald Trump in May withdrew from a deal on Tehran's nuclear programme. The dollar was being offered for as much as 87,000 rials, compared to around 75,500 on Thursday, the last...

  • KODIAK, Alaska— A commercial spaceflight company is preparing for its third attempt to launch from the Kodiak spaceport. State-owned Alaska Aerospace Corp., which helps facilitate launches, would not name the company, citing a non-disclosure agreement, but said it would try to take off between July 14 and 20. "We've tried twice to get their flight off," Barry King,...

  • "Jurassic World: Fallen Kingdom" surpassed expectations to open with $150 million in ticket sales in U.S. and Canada theaters over the weekend, according to studio estimates Sunday. While that total didn't approach the record-breaking $208.8 million debut of 2015' s " Jurassic World," it proved the 25- year-old franchise still roars loudly among moviegoers.