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China agriculture delegation scraps U.S. farm visit to Montana

World News - Fri, 2019-09-20 15:03
Chinese agriculture officials who were due to visit U.S. farm states next week have canceled their trip to Montana as the officials will return to China sooner than originally scheduled, the Montana Farm Bureau told Reuters on Friday.
Categories: News

California, other states take Trump to court over auto emissions rules

World News - Fri, 2019-09-20 14:53
A group of 23 states on Friday sued to block the Trump administration from undoing California's authority to set strict car pollution rules, one of the biggest U.S. battles over climate change.
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U.S. repo rate falls after Fed repo operation

World News - Fri, 2019-09-20 14:49
The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking system.
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Fedspeak in three voices, from recession to bubbles to 'in a good place'

World News - Fri, 2019-09-20 14:49
After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions over the state of the economy and what should be done about it on full display Friday with warnings of a slowdown and financial risks bookending talk of how well things are going.
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U.S. lifts tariffs on 400 Chinese products, Trump wants 'complete' trade deal

World News - Fri, 2019-09-20 13:10
U.S. President Donald Trump said his administration was "making a lot of progress" with China on Friday, as deputy-level trade talks continued for a second day and Washington lifted tariffs on over 400 Chinese products.
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Fed's Rosengren: Will worry when consumers show worry

World News - Fri, 2019-09-20 13:01
Boston Federal Reserve President Eric Rosengren on Friday said he might temper his opposition to interest rate cuts if he starts to see weakness in consumer spending.
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California, 22 other states sue U.S. over Trump auto emissions rules

World News - Fri, 2019-09-20 12:55
A group of 23 states on Friday sued to undo the Trump administration's determination that federal law bars California from setting stiff tailpipe emission standards and zero emission vehicle mandates.
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New York Mayor de Blasio ends 2020 presidential bid

World News - Fri, 2019-09-20 12:52
New York City Mayor Bill de Blasio dropped out of the 2020 presidential campaign on Friday, ending a campaign he waged in the shadow of better-known progressive candidates.
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Pro-China groups to tear down pro-democracy graffiti in Hong Kong

World News - Fri, 2019-09-20 12:44
A pro-Beijing Hong Kong lawmaker urged supporters to pull down "Lennon Walls" on Saturday across the Chinese-ruled city, where the displays of anti-government graffiti have sometimes been flashpoints during more than three months of unrest.
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Inside Saudi Arabia's response to a raid on the heart of the oil kingdom

World News - Fri, 2019-09-20 12:43
Saudi Arabia's newly appointed energy minister was in London when he learned in the middle of the night of the largest-ever attack on the kingdom’s oil infrastructure.
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Trump: Chinese agricultural purchases not enough, wants a 'complete deal'

World News - Fri, 2019-09-20 12:40
President Donald Trump on Friday said he wants a complete trade deal with China and that agricultural purchases from the Asian nation would not go far enough, adding that a comprehensive agreement would take time.
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Canada Foreign Minister Freeland 'troubled, disappointed' by Trudeau's blackface images

World News - Fri, 2019-09-20 12:14
Canada's Foreign Minister Chyrstia Freeland, the most visible minister in Justin Trudeau's government and a key ally, said she was "troubled and disappointed" by images of the prime minister in blackface but that she accepted his apology.
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No crowds as Apple's iPhone 11 hits stores in China

World News - Fri, 2019-09-20 12:05
Apple's latest iPhone 11 range hit stores in China on Friday, with short queues of die-hard fans contrasting with the hundreds who camped out ahead of some previous launches.
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'This is our future' say students, as climate protests sweep globe

World News - Fri, 2019-09-20 12:02
By Hans Lee, Philip Blenkinsop, Fabrizio Bensch and Ilze Filks
Categories: News

Saudi Arabia shows attack site damage as Iran pledges tough defense

World News - Fri, 2019-09-20 09:55
Saudi Arabia on Friday took media to inspect oil facilities hit by attacks that Washington and Riyadh blame on Iran, showing melted pipes and burnt equipment, as Tehran vowed wide retaliation if heightened tensions boil over into hostilities.
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Fed's Bullard, explaining dissent, says U.S. manufacturing appears 'in recession'

World News - Fri, 2019-09-20 09:52
After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials on Friday squared off over where the economy stands and what should be done about it.
Categories: News

U.S. repo rate rises ahead of Fed repo operation

World News - Fri, 2019-09-20 09:52
The interest rate on U.S. overnight repurchase agreements climbed early Friday in advance of an operation conducted by the New York Federal Reserve which may add up to $75 billion in temporary cash in the U.S. banking system.
Categories: News

Fed's Rosengren says interest rate cuts are 'not costless'

World News - Fri, 2019-09-20 09:52
Boston Federal Reserve Bank President Eric Rosengren, who dissented from the central bank's decision to cut interest rates earlier this week, repeated on Friday that monetary stimulus was not needed for the U.S. economy and posed its own problems.
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U.S. federal funds rate fell below top-end of Fed's target

World News - Fri, 2019-09-20 09:52
The average interest rate on what the banks charge each other to borrow reserves overnight on Thursday fell below the upper-end of the Federal Reserve's target range for the first time this week in the aftermath of turmoil in money markets.
Categories: News

Indonesia's ragtag firefighters on frontline of Borneo's forest blazes

World News - Fri, 2019-09-20 09:48
From soon after sunrise, a group of volunteers gathers every day on Indonesia's portion of Borneo island to throw themselves into the desperate fight against the worst forest fires in years.
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