Crude oil prices rose but backed away from three-year highs on Wednesday after U.S. government data showed an increase in fuel inventories and a falloff in refining activity.
These procedures will allow the Administration to further hone these tariffs to ensure they protect our national security while also minimizing undue impact on downstream American industries.
U.S. manufacturing activity accelerated to more than a 14-year high in August, boosted by a surge in new orders, but increasing bottlenecks in the supply chain because of a robust economy and import tariffs could restrain further growth.
When the U.S. government failed to reach an agreement to keep the government operational, non-essential personnel are placed on furlough. Here's what you need to know.
U.S. crude oil exports averaged 1.1 million barrels per day (b/d) in 2017 and 1.6 million b/d so far in 2018, up from less than 0.5 million b/d in 2016.
The United States would have most to lose if it started a trade war with other countries, while China would be better off after retaliating, a simulation by the European Central Bank showed on Wednesday.
U.S. shoppers spent a record $126 billion on online shopping during the 2018 holiday season, taking advantage of early discounts on Amazon.com and other websites and with more people using smartphones to place their orders, Adobe Analytics said on Tuesday.
EIA projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day by the end of 2019, making it the third largest in the world behind Australia and Qatar.