US net imports of crude soar last week to highest in a year, EIA says
HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest since June 2024, data from the Energy
US judge blocks Trump asylum ban at US-Mexico border, says he exceeded authority
By Ted Hesson WASHINGTON (Reuters) -A federal judge on Wednesday blocked President Donald Trump’s asylum ban at the U.S.-Mexico border, saying Trump exceeded his authority
Trump settlement triggers ‘widespread distress’ at CBS News
LOS ANGELES, CALIFORNIA (Reuters) -Paramount Global’s settlement of the “60 Minutes” lawsuit filed by U.S. President Donald Trump provoked condemnation on Wednesday from CBS News
Ripple applies for US national bank charter as crypto eyes next frontier
(Reuters) -Crypto firm Ripple is applying for a national bank charter in the U.S., its CEO Brad Garlinghouse wrote in a social media post on
Republicans ignore debt worry as they push forward on Trump tax-cut bill
By David Morgan, Bo Erickson and Davide Barbuscia WASHINGTON (Reuters) -As President Donald Trump’s Republicans push ahead on a sweeping tax-cut and spending bill that
Investors react as US Senate passes Trump’s big tax bill
(Reuters) -The Republican-controlled U.S. Senate passed President Donald Trump’s sweeping tax-cut and spending bill termed the “big, beautiful bill” on Tuesday. The measure, Trump’s top
Analysis-Foreign investors increase dollar hedges on US stock portfolios
By Laura Matthews NEW YORK (Reuters) -Overseas asset managers and pensions are adding protection against a weakening dollar, concerned about the U.S. currency’s diminishing ability
Trump says he won’t extend July 9 trade deadline, expresses doubt on Japan deal
WASHINGTON (Reuters) -President Donald Trump said on Tuesday he was not thinking of extending the July 9 deadline for countries to negotiate trade deals with
Robinhood launches tokens allowing EU users to trade in US stocks
By Niket Nishant and Manya Saini (Reuters) -Robinhood said on Monday it has launched tokens that will allow its customers in the European Union to
Fed’s Bostic still eyes one rate cut this year
By Michael S. Derby (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic repeated on Monday that he still sees the central bank cutting its