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Wall Street sinks as hopes fade for rate cuts, trade progress

1 day ago DieselGasoil Comments Off on Wall Street sinks as hopes fade for rate cuts, trade progress
NEW YORK (Reuters) – Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while the Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates. FILE PHOTO: Traders work on the Read More

Wall Street drops on trade worries, Fed Chair Powell’s speech

1 day ago DieselGasoil Comments Off on Wall Street drops on trade worries, Fed Chair Powell’s speech
NEW YORK (Reuters) – Wall Street lost ground on Tuesday as simmering trade concerns, combined with disappointing economic data, sent buyers to the sidelines, where they remained after Federal Reserve Chair Jerome Powell pushed back on pressure from President Donald Trump to cut rates. FILE PHOTO: Traders work on the floor at the New York Read More

Goad, threaten, backtrack: Trump & Bolton’s Iran policy is confusing, dangerous & achieves NOTHING

1 day ago DieselGasoil Comments Off on Goad, threaten, backtrack: Trump & Bolton’s Iran policy is confusing, dangerous & achieves NOTHING
Washington’s fuzzy and high-drama “maximum pressure” approach to Iran has no realistic endgame – but is good for making the world a more unstable place for both America’s adversaries and allies. National Security Advisor John Bolton’s Tuesday claim that US diplomats are “surging” across the Middle East in search of a “path to peace” only Read More

Wall St. sinks on trade jitters ahead of Powell speech

1 day ago DieselGasoil Comments Off on Wall St. sinks on trade jitters ahead of Powell speech
NEW YORK (Reuters) – Wall Street lost ground on Tuesday as simmering geopolitical and trade concerns, combined with disappointing economic data, kept buyers at bay and investors looked to remarks from U.S. Federal Reserve chair Jerome Powell expected later in the session. FILE PHOTO: Traders work on the floor at the New York Stock Exchange Read More

Rain gives Canadian farmers relief for now from three-year drought

1 day ago DieselGasoil Comments Off on Rain gives Canadian farmers relief for now from three-year drought
WINNIPEG, Manitoba (Reuters) – With drought turning Chad Ross’s pastures brown, the Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Canadian Prairies’ three-year drought made them too expensive to feed. FILE PHOTO: Canola farmer Sterling Hilton is checking his grain hauling trucks at his farm near Strathmore, Read More

US-Iran tensions raise threat of an even graver conflict

2 days ago DieselGasoil Comments Off on US-Iran tensions raise threat of an even graver conflict
By Deborah Haynes, foreign affairs editor President Donald Trump calls it his policy of “maximum pressure” on Iran. He believes a mixture of increasingly tough sanctions coupled with diplomatic isolation will force the Islamic Republic back to the negotiating table. But we have been here before. Tehran has already been subjected to intense international sanctions Read More

Bangladesh ‘Tree Man’ begs for hands to be CUT OFF after undergoing 25 surgeries

2 days ago DieselGasoil Comments Off on Bangladesh ‘Tree Man’ begs for hands to be CUT OFF after undergoing 25 surgeries
A Bangladeshi man who’s earned the online moniker ‘Tree Man’ for an extremely rare skin condition, now wants his hands to be amputated in a desperate attempt to relieve the pain. Abul Bajandar, 28, has undergone 25 operations since 2016 in an effort to treat a rare genetic condition, called epidermodysplasia verruciformis, that causes a Read More

Pompeo to push Iran pressure campaign, oil sanctions compliance while in India: State official

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Highlights US, other suppliers have alleviated loss of Iranian barrels Trump talks with Saudi crown prince about oil market “stability” Trump says sanctions ‘biting’ after aborted strike Washington — US Secretary of State Mike Pompeo will travel to India next week, but will offer no relief from oil sanctions to what was a top Iranian Read More

Iran-U.S. tensions take the edge off world stocks rally

6 days ago DieselGasoil Comments Off on Iran-U.S. tensions take the edge off world stocks rally
LONDON (Reuters) – World stocks fell on Friday, as worries about a threatened U.S. military strike against Iran and a global trade conflict took the edge off a central bank-induced rally from earlier in the week. A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives Read More

In warming West, Rio Grande roars back to life, for now

6 days ago DieselGasoil Comments Off on In warming West, Rio Grande roars back to life, for now
TAOS, N.M. (Reuters) – After years of drought, no one in Rio Grande County, Colorado, can remember the last time their namesake river was closed to the public because it was running too high. High water on the Rio Grande river close to flowing over local bridge nicknamed Òdecapitation bridge.Ó south of Pilar, New Mexico, Read More