By David Shepardson WASHINGTON (Reuters) -A group of 26 state attorneys general led by West Virginia and Kentucky on Wednesday challenged the Biden administration's new fuel economy rules, calling the requirements unworkable and saying…
The results of the Federal Reserve Board's annual bank stress test showed that while large banks would endure greater losses than last year's test, they are well positioned to weather a severe recession…
By Emily Rose and Jonathan Landay JERUSALEM (Reuters) - Israel, under pressure from Western allies to ease a humanitarian crisis in Gaza, is preparing to boost electricity to a desalination plant so it can produce more water for people in…
By Shariq Khan NEW YORK (Reuters) -Oil prices settled slightly higher on Wednesday despite a surprise jump in U.S. gasoline supplies, as investors worried that a potential expansion of the Gaza war could disrupt crude supplies from the…
Investing.com-- Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar.At 14:30 ET (18:30 GMT), rose 0.28% to $85.28 a barrel, while gained 0.1% to…
By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -A U.S. federal court will likely extend a period for reviewing bids submitted in an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, three people close…
The Fed and economists are encouraged because is down to 3.3% from a high of nearly 9% in 2022. Despite the Fed’s “significant progress” in lowering inflation, most citizens are outraged and confused by economists’ relatively rosy…
By Arathy Somasekhar HOUSTON (Reuters) - oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season. Imports of crude oil rose to…
Imagine a future where your phone pings with a message that your dead father's "digital immortal" bot is ready. This promise of chatting with a virtual version of your loved one - perhaps through a virtual reality (VR) headset - is…