US House passes bill to fast-track natural gas pipeline permitting

WASHINGTON, ⁠Dec 12 (Reuters) – The U.S. House of Representatives on Friday ⁠voted 213-184 to pass a bill that aims to speed up federal permitting of interstate ⁠natural gas pipelines by designating the Federal Energy Regulatory Commission as the lead agency in the ​process. The Improving Interagency Coordination for Pipeline Reviews Act gives the agency…

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US inflation may slow, but the affordability debate is likely to keep raging

By ⁠Howard Schneider WASHINGTON, Dec 12 (Reuters) – Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living ⁠with home mortgage rates expected to remain comparatively high, tariff-related price increases on goods seen persisting through the first part of…

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US inflation may slow, but the affordability debate is likely to keep raging

By ⁠Howard Schneider WASHINGTON, Dec 12 (Reuters) – Even if overall inflation slows next year as the U.S. Federal Reserve anticipates, President Donald Trump will still face political headwinds over the cost of living ⁠with home mortgage rates expected to remain comparatively high, tariff-related price increases on goods seen persisting through the first part of…

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European markets end higher as investors cheer Fed cut; SNB holds rate

By ⁠Purvi Agarwal, Ragini Mathur and Nikhil Sharma Dec 11 (Reuters) – European shares closed higher on Thursday after ⁠a series of lukewarm sessions, as investors welcomed the U.S. Federal Reserve’s overnight interest rate cut and assessed a policy decision from the Swiss National Bank. The pan-European STOXX 600 ⁠ended 0.5% higher at 581.17 points,…

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JPMorgan supercharges its bet on national security by hiring Combs from Berkshire

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