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Oil steadies as investors weigh OPEC+ output hike against US crude inventories

By Laila Kearney (Reuters) -Oil prices steadied in early trade on Wednesday after two consecutive days of losses as investors weighed potential OPEC+ plans for a larger output hike next month against the prospect of shrinking inventories in the U.S. Brent ...
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Australia PM concerned about China’s reported pause on BHP iron ore purchases

By Melanie Burton and Renju Jose MELBOURNE (Reuters) -Australian Prime Minister Anthony Albanese said on Wednesday he was concerned about a report that China’s state iron ore buyer had taken steps to pause purchases of iron ore cargoes from miner ...
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US judge disqualifies Nevada prosecutor from four cases in blow to Trump

By Sarah N. Lynch WASHINGTON (Reuters) -A U.S. District Court Judge on Tuesday disqualified Nevada’s lead federal prosecutor Sigal Chattah from supervising four criminal cases, dealing another setback to President Donald Trump’s administration’s maneuvers to keep his picks in power. U.S. ...
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Fed’s Logan: US may need more slack in job market to hit 2% inflation

By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve to achieve its 2% inflation target, as prices are rising even faster without factoring in the impact of new import tariffs, Dallas ...
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Virginia, Maryland brace for shutdown impacts

(The Center Square) – Congress has until the end of today to avoid a shutdown, a deadline closely watched in Virginia and Maryland. About ...
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Explainer-What does Trump’s deal with Pfizer mean for drug prices?

By Deena Beasley (Reuters) -President Donald Trump, who has long argued that the U.S. pays more than it should for prescription medicines, on Tuesday said Pfizer had agreed to cut prices for drugs it sells to the Medicaid program for ...
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US says it encourages South Korean investment at meeting on worker visas

SEOUL (Reuters) -The U.S. and South Korea are working closely to advance their trade and investment partnership including by processing appropriate visas for qualified South Korean workers, the U.S. State Department said. U.S. Deputy Secretary of State Christopher Landau stressed ...
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Fed liquidity facilities see tepid demand despite quarter end, repo rates climb

By Michael S. Derby and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Federal Reserve liquidity facilities saw much less interest from Wall Street than expected on Tuesday as the third quarter came to a close, though a climb in repo rates showed ...
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White House withdraws Antoni’s nomination to lead BLS, CNN reports

By Jasper Ward and Christian Martinez WASHINGTON (Reuters) -The White House has sent paperwork to the Senate to withdraw the nomination of E.J. Antoni as head of the Bureau of Labor Statistics, CNN reported on Tuesday, citing three sources. President ...
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Trump pulls nomination of E.J. Antoni to lead Bureau of Labor Statistics, AP source says

WASHINGTON (AP) — The White House is withdrawing the nomination of E.J. Antoni to lead the Bureau of Labor Statistics, according to an AP source who spoke on the condition of anonymity to discuss the White House action, which ...
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Pete Hegseth had a lot to say when he summoned military leaders. Here are some facts and context

NEW YORK (AP) — Armed with a 10-point plan and pacing a stage in Quantico, Virginia, on Tuesday, Defense Secretary Pete Hegseth enumerated for hundreds of assembled military leaders just how much of the force’s policy, philosophy and culture ...
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Trump administration blames Democrats for shutdown in official government warnings as deadline nears

HOUSTON (AP) — With the first U.S. government shutdown in almost seven years looming, the Trump administration is using official government communications to blame Democrats and promote the president’s policies. At least one agency has posted a public warning ...
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