NEW YORK (AFP) -  Boosted by surging output, the United States is becoming a significant exporter of crude oil, a shift that is remaking American infrastructure and altering the global petroleum market. Now pumping more than 10 million barrels per day, the US has become the second...

WASHINGTON (AFP) -  The Federal Reserve this week will fire the opening salvo in a series of interest rate hikes this year, hoping to get out in front of an expected pickup in inflation. The first rate hike of the year is overwhelmingly predicted by futures markets, analysts and...

The European Commission called for industry views Friday on a list of U.S. products it will subject to import tariffs, the first step toward measures to counter planned U.S. taxes on European steel and aluminum. The European Union wants to be exempted from U.S. duties of 25 percent on steel and...

The British pound recovered Friday from weakness prompted by a Russian decision to expel British diplomats, as the world rallied in support for London in a crisis sparked by the poisoning of a double agent, analysts said. World stocks rose slightly at the end of a volatile week as fears...