U.S. President Donald Trump on Tuesday further sought to pressure the Federal Reserve as the central bank prepared to start its two-day policy meeting, warning the Fed's board not to "make yet another mistake" ahead of an expected interest rate hike.
U.S. stocks gave up their gains on Tuesday as energy stocks were weighed by a steep drop in oil prices and as the possibility of a partial government shutdown loomed.
Global equity markets turned lower late on Tuesday as nervous investors awaited indications whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.
The excitement of proposed initial public offerings by ride-hailing rivals Uber and Lyft next year may not be enough to encourage other firms to follow suit, as they fear that slowing global growth and rocky stock markets dragging into next year could threaten market debut valuations.
The United States and China are planning to hold meetings in January to "document an agreement" on trade, U.S. Treasury Secretary Steven Mnuchin told Bloomberg in an interview on Tuesday.
The U.S. auto safety regulator said on Tuesday it is speeding up the process for reviewing whether automakers can deploy self-driving vehicles without devices such as brakes and steering wheels.
Exxon Mobil Corp sent a letter to the U.S. Environmental Protection Agency in support of methane gas emission rules put in place under the Obama administration, according to a copy of the letter seen by Reuters.
Glencore-controlled Katanga Mining said on Tuesday it had agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures of its finances and activities in the Democratic Republic of Congo.
Kinder Morgan is facing a proposed class action lawsuit, claiming that a division of the pipeline operator has emitted chemicals and toxic gas that caused damage to property and killed animals.
U.S. search and advertising company Yelp has lost its bid to intervene in Google's challenge against a 2.4 billion euro ($2.7 billion) EU antitrust fine after an EU court said it had no direct interest in the case.
