By Georgina McCartney HOUSTON (Reuters) – A Texas commission unanimously on Thursday approved the Permian Basin Reliability Plan, which is designed to expand power grid infrastructure in the United States’ largest oilfield to accommodate rapidly growing demand from the oil and gas industry. The Public Utility Commission of Texas (PUCT) directed the Electric Reliability Council…
By Richard Cowan and Moira Warburton WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday passed a stopgap bill to avert a partial government shutdown beginning next week, even as a large number of Republicans revolted against their leadership for failing to achieve new federal spending cuts. The stopgap funding bill, which passed in the…
By Nandita Bose and Gabriella Borter PITTSBURGH, Pa. (Reuters) -U.S. Vice President Kamala Harris said on Wednesday she would offer tax credits to domestic manufacturers and invest in sectors that will “define the next century”, as she detailed her economic plan to boost the U.S. middle class. Speaking at the Economic Club of Pittsburgh in…
By Mike Stone, Patricia Zengerle and Phil Stewart WASHINGTON (Reuters) -The United States plans to announce more than $8 billion worth of military assistance for Ukraine on Thursday during Ukrainian President Volodymyr Zelenskiy’s visit to Washington, two U.S. officials said on Wednesday. President Joe Biden’s administration has been engaged in urgent discussions with Congress to…
(Reuters) – Republican presidential candidate Donald Trump said on Tuesday that he will put a 100% tariff on every car coming into the United States across the Mexican border if he wins the Nov. 5 election against Democratic Vice President Kamala Harris. “We will put a 100% tariff on every single car coming across the…
By Tim Reid and Gram Slattery WASHINGTON (Reuters) -Donald Trump said on Tuesday said he would seek to “take” manufacturing jobs from foreign countries, including U.S. allies, if he wins the Nov. 5 election, by offering incentives to encourage companies to relocate to the United States. Trump promised a “manufacturing renaissance” as the centerpiece of…
WASHINGTON (Reuters) – Americans began casting their first in-person votes on Friday in a presidential election six weeks away that both Republican and Democratic leaders call the most important in generations. The stakes are high: Democratic presidential nominee Vice President Kamala Harris and other party leaders have described Republican nominee Donald Trump as a threat…
By Patricia Zengerle and Mike Stone WASHINGTON (Reuters) – Pro-Ukraine U.S. congressional leaders and President Joe Biden’s administration are near an agreement to seek a one-year extension of $6 billion in military aid for Ukraine that is due to expire this month, according to two sources familiar with the matter. There is bipartisan support for…
By Shariq Khan NEW YORK (Reuters) – Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China. Brent futures settled at $74.88 a barrel, up by…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits suggested that the momentum was unlikely to be sustained against the backdrop of rising supply of new homes on the market. The jump in single-family housing starts reported by the U.S. Commerce Department on Wednesday…
