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Senate approves long-term highway funding bill

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Senate approves long-term highway funding bill WASHINGTON (Reuters) – The Senate approved a long-term highway bill with three years of funding for roads, bridges and rails on Thursday, and sent the measure on to the House of Representatives, where it is unlikely to find a welcoming reception. The 65-34 vote sets the stage for a fall debate between House and ...

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Natural gas futures extend losses after storage data

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© Reuters. U.S. natural gas futures add to losses after weekly storage report Investing.com – Natural gas futures extended losses on Thursday, despite data showing that U.S. natural gas supplies rose less than expected last week. for delivery in September on the New York Mercantile Exchange tumbled 5.4 cents, or 1.9%, to trade at $2.809 per million British thermal units ...

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Crude oil futures trim gains as dollar pushes higher

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© Reuters. Oil futures pare gains as U.S. dollar pushes higher Investing.com – Crude oil gave up some of its overnight gains on Thursday, as the U.S. dollar firmed after Data showed that U.S. economic growth accelerated in the second quarter, supporting the case for higher interest rates later this year. The Commerce Department said earlier that the in the ...

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Gold trades near 5-1/2 year low after U.S. GDP report

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© Reuters. Gold futures remain below $1,100 after U.S. GDP report Investing.com – Gold prices struggled below the $1,100-level on Thursday, after data showed that U.S. economic growth accelerated in the second quarter, supporting the case for higher interest rates later this year. for December delivery on the Comex division of the New York Mercantile Exchange hit an intraday low ...

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Drone kills four suspected militants in Yemen: residents

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Drone kills four suspected militants in Yemen: residents ADEN/SANAA (Reuters) – An attack by an unmanned aircraft on a car in southern Yemen overnight killed four suspected al Qaeda militants, residents and local officials said on Thursday. Those killed in the strike by a suspected U.S. drone in al-Mahfad in Abyan province included a man described by the residents as ...

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Copper under pressure with China stock moves, Fed in focus

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Copper declines amid China stock market volatility, Fed rate hike outlook Investing.com – Copper prices slumped on Thursday, as Chinese markets fell sharply in the last hour of trading and as the U.S. dollar strengthened broadly after the Federal Reserve left the door open for a rate hike as soon as September following its upbeat assessment of the economy. for ...

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