(Reuters) – The U.S. Securities and Exchange Commission is considering enforcement action against United States Oil Fund LP, the largest crude oil exchange-traded fund, due to statements made after oil prices plunged into negative territory in April. The Unite... More »
(Reuters) – The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, is moving to spread out its investments in oil futures in response to extreme market turbulence, it said in a filing on Wednesday. USO said it may ... More »
(Reuters) – A massive federal spending bill aimed at deflecting the economic harm caused by the spreading coronavirus does not address the billions of tax dollars U.S. states stand to lose as major parts of the nation have shut down. While the $2.2 trillion bi... More »
FILE PHOTO: A general view of the joint session of the General Assembly in the House Chambers of the Illinois State Capitol in Springfield, Illinois February 1, 2012. REUTERS/Sarah Conard/File Photo Seven U.S. states are still without budgets, nearly a week in... More »
Legislation to raise taxes in Republican-controlled Kansas to help balance the budget was defeated on Wednesday after the state Senate failed to override the governor’s veto. More »
Shanez Tabarsi is greeted by her daughter Negin after traveling to the U.S. from Iran following a federal court’s temporary stay of President Trump’s executive order travel ban at Logan Airport in Boston. REUTERS/Brian Snyder Three of the 19 Democratic state a... More »
WASHINGTON The U.S. Supreme Court’s decision on Friday to hear a challenge to tough abortion restrictions in Texas raises questions about the legal fate of similar laws in more than a dozen other states. The court’s ruling, due by June, could spell out the ext... More »
