DUBAI, United Arab Emirates – Energy ministers from both Saudi Arabia and the United Arab Emirates dodged questions Tuesday about whether OPEC will extend the cartel’s oil production cuts, saying the decision will come at a planned meeting in Vienna later this week. Continue Reading Below OPEC agreed in September […]
FOX News
GOP struggles to win over holdout senators to big tax bill
WASHINGTON – Republicans are struggling to win over resistant GOP senators to a sweeping tax bill that President Donald Trump and their party have set as a vital political goal. Continue Reading Below Trump, who has assured lawmakers there will be changes, is traveling to Capitol Hill on Tuesday to […]
Trump takes on controversy-laden agenda on Capitol Hill
WASHINGTON – President Donald Trump’s year-end agenda is at a critical juncture as he heads Tuesday to Capitol Hill to rally Senate Republicans on taxes — and then pivot to negotiations with Democrats pressing for victories of their own in a separate, high-stakes showdown over the budget and immigration. Continue […]
Owners of Trump hotel in Panama rebel against Trump control
WASHINGTON – Owners of the Trump International Hotel in Panama are working to strip President Donald Trump’s name from the 70-story building and fire the hotel management company run by Trump’s family. The property once paid at least $32 million to associate with Trump. Continue Reading Below The uprising by […]
Saudi oil minister mum on issue of oil production cuts
DUBAI, United Arab Emirates – Saudi Arabia’s oil minister says those waiting to see if OPEC will extend production cuts will have to wait until the cartel’s upcoming Vienna meeting. Continue Reading Below Khalid al-Falih made the comments Tuesday at a petrochemical conference in Dubai. He ignored shouted questions from […]
Hyundai workers halt SUV production after talks collapse
SEOUL, South Korea – Hyundai Motor’s workers say they have suspended production on two SUV assembly lines to protest what they said was a unilateral move by the company to increase output. Continue Reading Below Hyundai Motor Co. union spokesman Hong Jae-gwan said Tuesday that about 1,950 workers, or 4 […]
Asian shares mostly lower after sluggish Wall Street session
TOKYO – Asian shares were mostly lower Tuesday following a sluggish post-Thanksgiving trading session on Wall Street. Continue Reading Below KEEPING SCORE: Japan’s benchmark Nikkei 225 was nearly unchanged at 22,486.24. Australia’s S&P/ASX 200 lost nearly 0.1 percent to 5,984.30. South Korea’s Kospi added 0.3 percent to 2,514.19. Hong Kong’s […]
Powell casts himself as a figure of stability for the Fed
WASHINGTON – Jerome Powell says that if confirmed as the next chairman of the Federal Reserve, he expects the Fed to continue raising interest rates gradually to support its twin goals of maximum employment and stable prices. Continue Reading Below Under his leadership, Powell also says, the Fed would consider […]
Ivanka Trump’s India visit raises questions about her brand
HYDERABAD, India – Ivanka Trump will make a significant solo outing when she headlines a business conference in India, but her trip highlights questions about whether her message of empowering poor women matches her actions. Continue Reading Below Trump landed Tuesday in the southern city of Hyderabad and is scheduled […]
Openings statements set in trial of Turkish bank executive
NEW YORK – Jurors are set to hear opening statements in the criminal trial of a Turkish bank executive, while questions are swirling about his onetime co-defendant, a wealthy Turkish-Iranian gold trader whose arrest caused a diplomatic stir. Continue Reading Below The trader, Reza Zarrab, had been headed to trial […]