(Reuters) -Florida Republicans, including Governor Ron DeSantis, said they oppose a Trump administration plan that could allow new oil and gas drilling in waters off the state’s Gulf Coast. The reactions came in response to an Interior Department proposal published on Thursday that contemplates future oil leasing in the eastern portion of the Gulf of…
(Reuters) -The U.S. Department of Energy on Thursday announced a reorganization of the agency that prioritizes oil and nuclear resources over offices that had been dedicated to renewables and efficiency. DOE published a new organizational chart alongside a brief statement saying the changes were aligned with President Donald Trump’s energy dominance agenda. The chart features…
By Laurie Chen, Trevor Hunnicutt and Jeffrey Dastin WASHINGTON (Reuters) -U.S. officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of President Donald Trump’s economic agenda. Officials relayed these messages over the last several days to stakeholders in government and private industry, according to two people with…
By Nell Mackenzie LONDON (Reuters) -The S&P 500 index’s fall below a closely watched level gave hedge funds that trade stocks on trends the green light to potentially sell almost $40 billion in equities in the coming week, Goldman Sachs said in a note to clients seen by Reuters. The S&P 500 declined in value…
By Jack Queen (Reuters) -A federal judge on Thursday halted for now President Donald Trump’s deployment of National Guard troops to Washington D.C., dealing Trump a temporary legal setback to his efforts to send the military to American cities over the objections of local leaders. U.S. District Judge Jia Cobb, an appointee of former President…
By Catarina Demony LONDON (Reuters) -A delegation from the Caribbean Community (CARICOM) reparations commission visiting London for the first time urged Britain on Tuesday to help Caribbean nations “clean up the mess” left behind by slavery, colonialism and their enduring impacts. “You have to help us clean up this mess that you have created so…
By Laura Matthews NEW YORK (Reuters) -The dollar strengthened against the yen on Wednesday and the Japanese currency fell to a 10-month low, while Finance Minister Satsuki Katayama declared that Japan’s new government was closely monitoring markets “with a high sense of urgency.” Japanese government ministers including Katayama met Bank of Japan Governor Kazuo Ueda…
By Andrea Shalal, Steve Holland and Trevor Hunnicutt WASHINGTON (Reuters) -Feeling the heat from Americans worried about inflation, U.S. President Donald Trump told owners, operators and suppliers of fast-food chain McDonald’s on Monday that his administration was making progress in combating inflation, but more work needed to be done. Trump, who promised during the 2024 election campaign…
(Reuters) -Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around 2 million barrels per day. The bank forecast Brent crude will average $56 a barrel and WTI $52 in 2026, below current forward curves of $63…
By Samuel Indyk and Naomi Rovnick LONDON (Reuters) -Traders were confident in their view that the European Central Bank would keep rates on hold for now after it left policy unchanged, flagging a more resilient economy and appearing more relaxed about the growth outlook. The ECB held the deposit rate at 2% for a third straight…
