NEW YORK/HOUSTON (Reuters) - Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started exporting the super-chilled fuel from the lower 48 states eight years ago. The U.S. is the world's largest exporter of the superchilled gas and a key provider of gas to Europe...

03:53 PM EST, 12/19/2024 (MT Newswires) -- Manufacturing declines in both the US Mid-Atlantic and Midwest regions unexpectedly worsened this month, surveys from the Federal Reserve Banks of Philadelphia and Kansas City showed Thursday. The Manufacturing Business Outlook Survey's headline gauge for activity fell to minus 16.4 in December from minus 5.5 in November, according to the Philly Fed. A...

WASHINGTON (Reuters) -A Republican spending bill backed by President-elect Donald Trump failed in the U.S. House of Representatives on Thursday, leaving Congress with no clear plan to avert a fast-approaching government shutdown that could disrupt Christmas travel. By a vote of 174-235, the House rejected the spending package, which was hastily assembled by Republican leaders after Trump and billionaire Elon...

China kept its benchmark lending rates unchanged on Friday, with the one-year loan prime rate held at 3.1% and the five-year LPR at 3.6%. The People's Bank of China's decision comes as it works to stimulate economic growth and support the weakening yuan. The one-year LPR affects corporate and household loans, while the five-year LPR is used for mortgage rates....