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All Stories: United States (U.S.)

Oil seesaws; struggles to extend rally after U.S. crude build

NEW YORK: Oil prices seesawed in volatile trading on Wednesday, barely hanging onto a third day of gains after government data showing a large U.S. crude inventory build surprised traders the morning after an industry group had reported a draw.

U.S. job growth stumbles, raising doubts on economy

WASHINGTON: U.S. employers slammed the brakes on hiring over the last two months, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year.

U.S. whistleblower Snowden draws crowd with Twitter debut

WASHINGTON: Edward Snowden, a former National Security Agency contractor who leaked details about the U.S. government's massive surveillance programs, started a Twitter account on Tuesday from exile in Russia with a simple handle - @snowden.

U.S. Consulate launches first-ever Sindhi language web site

KARACHI: U.S. Consul General Brian Heath Tuesday officially launched the consulate’s first-ever Sindhi language web site at his residence here in Karachi, according to a press statement.

Now you see it, now you don't: invisibility cloak nears reality

WASHINGTON: A cloak of invisibility may be common in science fiction but it is not so easy in the real world. New research suggests such a device may be moving closer to reality.

Sprint's plan for new iPhone trumps other U.S. carriers

Want to own the new iPhone without burning a hole in your pocket every month? Sprint seems to be the cheapest option in the United States.

U.S. jobless claims drop; imported inflation remains weak

WASHINGTON: The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve's decision whether to raise interest rates.

U.S. labor market shows some muscle despite slower job growth

WASHINGTON: U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month.

Trader accused in $100 million hacking scheme pleads not guilty in U.S.

NEWARK, N.J.: A man charged over his alleged role in a more than $100 million insider trading scheme that involved hacking into networks that distribute corporate news releases pleaded not guilty on Wednesday.

U.S. Senator Mikulski gives Obama key vote to protect Iran nuclear deal

WASHINGTON: Democratic U.S. Senator Barbara Mikulski said on Wednesday she will support the Iran nuclear deal, giving President Barack Obama the 34 Senate votes needed to sustain a veto of any congressional resolution disapproving the deal.

U.S. weighs sanctioning Russia as well as China in cyber attacks

WASHINGTON: The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday.

Focus turns to U.S. data as China slowdown looms

NEW YORK: After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings.

Oil dives below $40 after rise in U.S. oil rigs

NEW YORK: U.S. crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years after a further rise in U.S. drilling and a drop in Chinese manufacturing.

U.S. consumer prices rise modestly, but shelter costs firming

WASHINGTON: U.S. consumer prices rose slightly in July, but a solid increase in the cost of shelter suggested inflation was probably stabilizing enough to support expectations the Federal Reserve will raise interest rates this year.

Charleston church shooter planned first to attack college: media

CHARLESTON: Friends of the white gunman who shot and killed nine black people inside an historic African-American church in Charleston, South Carolina said he first talked about attacking a college campus, the Washington Post and NBC News reported on Friday.

White suspect charged with murder in attack on black U.S. church

CHARLESTON: A 21-year-old white man has been charged with nine counts of murder for an attack on a historic black South Carolina church, local police said on Friday, with media reporting that he had hoped his actions would incite a race war in the United States.

Israel concerned about U.S. arms to Gulf states to deter Iran

HERZLIYA, ISRAEL: Defense Minister Moshe Yaalon voiced concern on Tuesday that Washington's supply of advanced arms to Gulf Arab states to deter Iran could eventually challenge Israel's U.S.-backed regional military supremacy.

U.S. accuses Syria of backing Islamic State’s Aleppo advance

BEIRUT: The United States has accused the Syrian military of carrying out air strikes to help Islamic State fighters advance around the northern city of Aleppo, messages posted on the U.S. Embassy Syria official Twitter feed said.

China, U.S. tone down rhetoric but far from South China Sea solution

SINGAPORE: After a months-long row over Beijing's island-building in the South China Sea, the United States and China were relatively restrained at Asia's top security forum this weekend, but no closer to any solution.

U.S. hopes Chinese island-building will spur Asian response

WASHINGTON: By releasing video of Beijing’s island reclamation work and considering more assertive maritime actions, the United States is signaling a tougher stance over the South China Sea and trying to spur Asian partners to more action.
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