Economy

  • US hospital stocks dropped as GOP vows to try again on Obamacare repeal
    Us_hospital_stocks_dropped_as_gop_vows_to_try_again_on_obamacare_repeal 2017-03-28 20:29:50 UTC
    U.S. hospital stocks dropped on Tuesday as Republicans in the U.S. House of Representatives said they were considering a renewed push to repeal and replace Obamacare, after the effort failed last week. Shares of Community Health Systems Inc (CY...
  • Republicans Trying To Replace Obamacare Still Don't Have Any Idea
    This_is_a_disappointing_day_for_us'-_house_speaker_ryan 2017-03-28 19:48:35 UTC
    House of Representatives Republican leaders said on Tuesday they still intended to repeal and replace Obamacare after their White House-backed bill failed to get enough support and collapsed last week. "The fact that our conference is more re...
  • America Being A Backwards Country - The Environmental Enemy No. 1
    America_being_a_backwards_country_-_the_environmental_enemy_no._1 2017-03-28 20:10:48 UTC
    U.S. President Donald Trump will rescind at least six Obama-era executive orders aimed at curbing climate change and regulating carbon emissions, including Obama's November 2013 executive order instructing the federal government to prepare for the...
  • House cancels today's vote on Republican healthcare plan
    House_cancels_today's_vote_on_republican_healthcare_plan 2017-03-23 20:01:29 UTC
    By David Morgan and Richard Cowan | WASHINGTON — House cancels today's vote on Republican healthcare plan as President Donald Trump and leaders in Congress labored to find enough support among fellow Republicans for their version of a new f...
  • Unexpected Increase Of Americans Filing For Unemployment Benefits
    Unexpected_increase_of_americans_filing_for_unemployment_benefits 2017-03-23 17:43:18 UTC
    By Lucia Mutikani | WASHINGTON — An unexpected increase in the number of Americans filing for unemployment benefits last week, data on Thursday showed. Still, the labor market continues to tighten, which together with the strength in housing, ...
  • GOP Healthcare Plan Forcing U.S. Hospitals To Cut Costs, Stop Hiring
    Gop_healthcare_plan_forcing_us_hospitals_to_cut_costs__freeze_hiring 2017-03-23 18:00:24 UTC
    By Robin Respaut and Yasmeen Abutaleb Uncertainty surrounding the Republican plan to replace Obamacare is forcing some U.S. hospitals to delay expansion plans, cut costs, or take on added risk to borrow money for capital investment projects, ...
  • Trump fighting a losing battle ahead of healthcare vote
    Trump-limits 2017-03-22 20:04:04 UTC
    By David Morgan and Susan Cornwell | WASHINGTON — U.S. President Donald Trump and Republican congressional leaders appeared on Wednesday to be losing the battle to get enough support in the House of Representatives to pass their Obamacare roll...
  • US dollar struggles near a four-month low against the yen
    Us_dollar_struggles_near_a_four-month_low_against_the_yen 2017-03-22 03:58:12 UTC
    By Shinichi Saoshiro | TOKYO — The dollar struggled near a four-month low against the yen on Wednesday as a bout of investor risk aversion hit U.S. stocks and sent U.S. Treasury yields sharply lower, eroding the greenback's interest rate allur...
  • G20 Drop 'Climate' and 'Free Trade' Pledge, Acquiescing To An Increasingly Protectionist United States
    Germany-_g20_drop_'climate'_and_'free_trade'_pledge 2017-03-18 21:45:12 UTC
    By Balazs Koranyi and Gernot Heller | BADEN BADEN, GERMANY — Financial leaders of the world's biggest economies dropped a pledge to keep global trade free and open, acquiescing to an increasingly protectionist United States after a two-day mee...
  • Agriculture leaders slam Trump's budget proposal
    Agriculture_leaders_slam_trump's_budget_proposal 2017-03-16 22:49:57 UTC
    By Karl Plume and P.J. Huffstutter | CHICAGO — Agriculture leaders including lawmakers from President Donald Trump's Republican Party on Thursday criticized his planned 21 percent cut to discretionary spending at the U.S. Department of Agric...
  • Trump out of touch with environmental concerns: Reopening the fuel-economy rules
    Trump_out_of_touch_with_environmental_concerns-_reopening_the_fuel-economy_rules 2017-03-15 22:11:17 UTC
    By Nick Carey and David Shepardson | DETROIT/WASHINGTON — President Donald Trump on Wednesday ordered a review of tough U.S. vehicle fuel-efficiency standards put in place by the Obama administration, handing a victory to auto industry executi...
  • Trump's newest Executive Order: Global warming and climate change will not play a role in U.S. policy anymore
    Trump's_new_executive_order-_global_warming_and_climate_change_playing_no_role_in_u.s._policy_anymore 2017-03-14 23:15:10 UTC
    By David Shepardson | WASHINGTON — U.S. President Donald Trump's administration is preparing to release a wide-ranging executive order to reduce the role that climate change plays in policy decisions, according to a Trump administration offici...
  • Euro marks strongest gain against dollar in one month
    Euro_jumps_to_three-_week_high_against_the_dollar 2017-03-13 01:51:24 UTC
    The euro edged up near a one-month high against the dollar in Asian trading on Monday, after some European Central Bank policymakers raised the possibility of hiking interest rates before bond purchases end. The euro was up 0.1 percent at $1.06...
  • Countdown: Brits facing an uncertain future without the EU
    Brits_are_facing_an_uncertain_future_without_the_eu 2017-03-12 22:43:33 UTC
    By William James | LONDON — Britain is drawing up contingency plans for the unlikely event it has to walk away from divorce talks with the European Union without a deal, Brexit minister David Davis said on Sunday. Prime Minister Theresa May...
  • White House breaks from federal guidance with hasty tweets
    White_house_breaks_from_federal_guidance_with_hasty_tweets 2017-03-10 20:47:33 UTC
    A series of tweets by White House spokesman Sean Spicer on Friday commenting on strong February job creation figures may have run afoul of federal guidance barring most officials from commenting on key economic data within an hour of its release. ...
  • US shouldn't assume OPEC would extend cuts to offset shale
    Khalid_al-falih-_us_shouldn't_assume_opec_would_extend_cuts_to_offset_shale 2017-03-09 21:50:59 UTC
    By Ron Bousso | HOUSTON — Senior Saudi energy officials told top independent U.S. oil firms in a closed-door meeting this week that they should not assume OPEC would extend output curbs to offset rising production from U.S. shale fields, two i...
  • Oil fell, U.S. crude prices fell through the $50/barrel
    Oil 2017-03-09 21:04:48 UTC
    By Devika Krishna Kumar | NEW YORK — Oil fell about 2 percent on Thursday, extending the previous session's slump to prices not seen since an OPEC-led pact to cut production was agreed, as record U.S. crude inventories fed doubts about the eff...
  • Searches from Europe for flights to US down by 12 percent
    Flights_from_europe_to_us_down_by_12_percent_since_election 2017-03-06 09:47:21 UTC
    According to travel search site Kayak (PCLN.O), searches from Europe for flights to the U.S. are down by 12 percent since the elections. Demand for travel to the United States over the coming months has flattened out following a positive start ...
  • Trump will propose "dramatic reductions" in the US foreign aid budget
    Trump_will_propose_%22dramatic_reductions%22_in_the_us_foreign_aid_budget 2017-03-05 00:28:59 UTC
    By David Shepardson | WASHINGTON — The White House budget director confirmed Saturday that the Trump administration will propose "fairly dramatic reductions" in the U.S. foreign aid budget later this month. Reuters and other news outlets re...
  • Trump's Border Wall: Enough Money To Cover A Mile
    Mexico_gave_a_cool_reception_to_visiting_senior_u.s._officials 2017-03-02 10:49:34 UTC
    By Julia Edwards Ainsley | DHS has just $20 million for Trump's border wall. WASHINGTON — President Donald Trump’s promise to use existing funds to begin immediate construction of a wall on the U.S.-Mexico border has hit a financial roadblock...
  • U.S. Military Seeks “Green” Energy Solutions, Despite WH
    U.s._military_seeks_%e2%80%9cgreen%e2%80%9d_energy_solutions__despite_wh 2017-03-01 08:09:03 UTC
    By Timothy Gardner | WASHINGTON — President Donald Trump and his top advisors have often scoffed at government support of green energy. His chief strategist, Steve Bannon, called it “madness.” But the largest U.S. government agency - the De...
  • Some of Republicans resist the GOP plans to repeal Obamacare
    Some_of_republicans_resist_the_gop_plans_to_repeal_obamacare 2017-03-01 07:47:21 UTC
    By David Morgan | WASHINGTON - A Republican effort to repeal and replace Obamacare met resistance from House conservatives who said draft legislation would not reduce the cost of healthcare. Republicans, who control the White House and Cong...
  • Confession: Trump didn't know how 'complicated the healthcare' is!
    Confession-_trump_didn't_know_how_'complicated_the_healthcare'_is 2017-02-28 02:21:44 UTC
    Trump on Monday theorized that polls show the Obamacare’s approval rating climbing not because people like it, but because they know Republicans will soon repeal it. “People hate it, but now they see that the end is coming, and they're saying, ...
  • Trump's trade war: Mexico wants to tax U.S. goods
    Trump's_trade_war-_mexico_wants_to_tax_u.s._goods 2017-02-25 09:00:38 UTC
    By Frank Jack Daniel | MEXICO CITY — An emboldened Mexico hardened its opposition to President Donald Trump on Friday by saying it would retaliate if the United States imposed a border tax and that it can afford to lose financial aid that migh...
  • Tony Blair urges Britons to 'rise up' against Brexit
    Tony_blair_urges_britons_to_'rise_up'_against_brexit 2017-02-17 20:21:45 UTC
    Tony Blair urges Britons to 'rise up' against Brexit. By William James | LONDON - Former British prime minister Tony Blair issued a battle cry against a so-called 'hard Brexit' on Friday, calling on voters, businesses and campaigners to "ri...