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July 18, 2018 9:30 PM Military parade requested by Trump initially estimated to cost $12M, official says

The military parade President Trump requested to be held later this year in Washington, D.C., is initially estimated to cost $12 million, a U.S. official told Fox News on Wednesday. The number is only an estimate and could change based on the size and scope of the "military-themed Veterans Day Parade," the official added. The cost estimate falls roughly 74

July 18, 2018 8:10 PM U.S. court blocks EPA decision not to enforce 'glider truck' limits

WASHINGTON (Reuters) - A federal appeals court on Wednesday temporarily blocked a decision by the U.S. Environmental Protection Agency that would have lifted strict limits on the number of remanufactured heavy duty vehicles known as “glider trucks” that could be sold. The vehicles have a used engine in a new frame and rules introduced under former President 76

July 18, 2018 7:40 PM Fed’s Beige Book Shows Mounting Tariff Concerns Among Businesses

Some manufacturers and construction firms say tariffs have led to higher prices for products and supply-chain problems WASHINGTON—Manufacturers across the U.S. expressed concern about tariffs, with many reporting higher prices and supply-chain disruptions in the wake of new trade policies, according to a Federal Reserve report released Wednesday 56

July 18, 2018 3:48 PM U.S. EPA eases Obama-era standards on toxic coal ash

WASHINGTON (Reuters) - The U.S. Environmental Protection Agency said on Wednesday it has eased Obama-era standards on the disposal of toxic coal ash, a move expected to be the agency’s first revision of the standards and one that was slammed by environmentalists. The 2015 rule established minimum national standards for the disposal of coal ash, a byproduct 64

July 18, 2018 1:21 PM U.S. home refinancing recovers from 17-1/2 year low: MBA

NEW YORK (Reuters) - U.S. loan applications to refinance existing homes rebounded from their lowest levels in over 17-1/2 years last week, while home borrowing costs were mixed, data from the Mortgage Bankers Association showed on Wednesday. The Washington-based industry group said its seasonally adjusted index on homeowners’ requests for refinancing 50

July 18, 2018 7:51 AM Iran builds new centrifuge rotor factory: nuclear chief

(Reuters) - Iran has built a factory that can produce rotors for up to 60 centrifuges a day, the head of its atomic agency said on Wednesday, upping the stakes in a confrontation with Washington over the Islamic Republic’s nuclear work. The announcement came a month after Supreme Leader Ayatollah Ali Khamenei said he had ordered agencies to prepare to increase 57

July 17, 2018 10:36 PM Stephen Strasburg to return Friday for Nationals' second-half opener

The Washington Nationals will get a key piece back coming out of the All-Star break. Right-hander Stephen Strasburg, who's been on the disabled list since June 10 with right shoulder inflammation, will be activated Friday ahead of a start that night against the Atlanta Braves in Washington, manager Davey Martinez said. Strasburg pitched 5 2/3 innings 68

July 17, 2018 7:57 PM Trump Reverses Course, Says Russia Meddled in 2016 Election

The president also insists no collusion took place between Russian officials and his presidential campaign WASHINGTON—A day after saying that he didn’t know why Russia would try to interfere in U.S. elections, President Donald Trump reversed course on Tuesday, saying he accepted U.S. intelligence findings that Russia meddled in the 2016 presidential 55

July 17, 2018 6:00 PM Powell Says Fed Should Keep Gradually Raising Interest Rates

Fed chief delivers an upbeat economic assessment to Congress WASHINGTON—Federal Reserve Chairman Jerome Powell told Congress on Tuesday that strong U.S. economic growth and stable inflation should keep the central bank on track to gradually raise short-term interest rates. But he also highlighted growing risks if the Trump administration’s recent efforts 49

July 17, 2018 5:21 PM EU chief to visit Trump on July 25 for trade talks

BRUSSELS (Reuters) - European Commission President Jean-Claude Juncker will visit U.S. President Donald Trump in Washington on July 25 to discuss strained trade ties. “President Juncker and President Trump will focus on improving transatlantic trade and forging a stronger economic partnership,” the Commission said in a statement on Tuesday that announced 62