North America

S&P 500 ends lower in Fed rally reversal

U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower.


Oil falls as dollar up, Kuwait sees OPEC output steady

Oil prices tumbled on Thursday as a rebounding dollar and Kuwait's stance that OPEC had no choice but to keep producing in an oversupplied market undercut the previous day's rally.

Washington state mulls steep tax, other restrictions on e-cigarettes

Washington state lawmakers are considering imposing a steep tax and other restrictions on the sale of e-cigarettes, legislation the bill's sponsor said on Wednesday would be the toughest in the nation.

Growing U.S. oil export debate has now spread to geopolitics

Lifting the longstanding ban on U.S. crude oil exports would boost the country's economy and enhance its global leadership, a former senior Obama administration official will tell senators on Thursday, introducing a strategic dimension to the growing debate over selling American oil abroad.


Latest News

Trade associations representing large U.S. Internet service providers are expected to take the lead in suing the Federal Communications Commission over its new web traffic regulations, according to several people familiar with the plan.
About 40 percent of adult Apple iPhone owners in the United States are interested in buying the company's new Apple Watch, according to a new Reuters/Ipsos poll.
The Federal Reserve on Wednesday moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections, signaling it is in no rush to push borrowing costs to more normal levels.
Target Corp (TGT.N) next month will raise the minimum wage for all of its workers to $9 an hour, matching moves made by rivals including Wal-Mart Stores Inc (WMT.N) and TJX Cos (TJX.N), a source familiar with the matter said.
U.S. stocks rallied on Wednesday after the Federal Reserve suggested a less aggressive timeline for raising interest rates even as it opened the door for the first hike in almost a decade.
A push to make gas contracts agreed with countries such as Russia more transparent has pitched Poland against Germany ahead of energy talks among European Union leaders on Thursday.
President Barack Obama will promote U.S. business investment programs to executives from Google Inc, BMW AG and other international companies on March 23 at an administration-led summit to boost job creation in the United States.
The Federal Reserve on Wednesday is expected to lay the groundwork for its first interest rate hike in nearly a decade, as it continues to weigh whether the U.S. recovery can hold up against collapsing oil prices and a soaring dollar.
Apple Inc's planned video streaming service may not be a tough sell for media companies who could be enticed by the company's ubiquitous iPhones and iPads, which represent a new stream of growth for an industry losing viewers.
Google Inc (GOOGL.O) (GOOG.O) was wrong to let expectations about its Glass wearable gadget get overheated, the head of the Google X research lab said on Tuesday.