Susan Collins News

Maine utility regulators have unanimously rejected an electric utility’s proposal to proactively report high consumption that signals an illicit marijuana growing operation to law enforcement officials

A resolution that challenges United States President Donald Trump’s national security justification for tariffs against Canada, passed in the U.S. Senate on Wednesday evening with bipartisan support.

Senate has failed to pass legislation to create a national right to in vitro fertilisation (IVF), with Republicans blocking the effort for a second time this year. The vote was 51-44, falling short of the 60 votes needed. Only two Republican senators, Susan Collins of Maine and Lisa Murkowski of Alaska, supported the bill. Vice President Kamala Harris criticized the Senate's decision, saying Republicans have shown they will not protect access to fertility treatments. President Joe Biden also expressed his disappointment, calling the situation «outrageous and unacceptable.» Democrats, led by Senator Tammy Duckworth of Illinois, accused Republicans of hypocrisy. Duckworth pointed out that many Republicans claim to support IVF but refuse to vote for legislation guaranteeing its availability. “They say they support IVF—here you go, vote on this," Duckworth said.

Asian markets opened lower, as investors prepare for comments from Jerome Powell later Friday. Equities in Australia and South Korea fell alongside Hong Kong share futures, echoing Thursday’s selloff in US stocks where both the S&P 500 and tech-heavy Nasdaq 100 indexes retreated.

Federal Reserve policymakers on Thursday lined up in support of U.S. interest-rate cuts starting next month now that inflation is well down from its highs and the U.S. labor market is cooling, though one signaled he is in no rush to ease policy. «For me, barring any surprise in the data we'll get between now and then, I think we need to start this process» of lowering rates, Philadephia Fed Bank President Patrick Harker said in an interview with Reuters. «I think a slow, methodical approach down is the right way to go.» Boston Fed President Susan Collins struck a similar tone, signaling her likely support for a rate cut at the U.S. central bank's policy meeting next month.

Stocks wavered as traders weighed the latest economic reports for clues on the outlook for Federal Reserve rates in the run-up to Jerome Powell’s speech Friday.

As Bitcoin price predictions become increasingly cautious, the cryptocurrency continues to face substantial headwinds. Recently trading around $61,540, Bitcoin dipped to an intra-day low of $60,910, influenced by escalating regulatory scrutiny in the U.S. and a hawkish Federal Reserve stance on interest rates.

By David Morgan and Makini Brice

The federal government on Friday designated an area of ocean off New England for the development of offshore wind in a move that generated cheers from environmental groups but questions from fishermen

President Joe Biden has signed into law a package of spending bills passed by the Senate in time to avoid a shutdown of many key federal agencies

Gold prices held ground on Thursday as traders awaited the Federal Reserve's preferred inflation gauge due later in the day that could provide a fresh perspective into when the U.S. central bank could start cutting interest rates. FUNDAMENTALS

A group of lawmakers from New England and Alaska says a federal program that protects the health and wellbeing of commercial fishermen should be expanded to include substance use disorder and worker fatigue

Investing.com — In the holiday-shortened week ahead investors will be looking to the minutes of the Federal Reserve’s latest meeting for any fresh insights on the future path of interest rates. Retailers are preparing for what they hope will be another bumper holiday shopping season. Nvidia is the last megacap company to report earnings and oil prices look set to remain volatile. Here’s what you need to know to start your week.

By Ann Saphir and Michael S. Derby

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could yet be needed.

Underlying U.S. inflation is seen rising at a monthly pace that corroborates the message from central bankers that interest rates will need to stay higher for longer.

Boston Federal Reserve President Susan Collins expressed support Friday for keeping interest rates elevated as the battle against too-high inflation continues.

The United States is at risk of another damaging government shutdown, potentially as soon as the end of September

interest rates. Spot gold was up 0.3% at $1,922.70 per ounce by 1213 GMT, after hitting a one-week low on Wednesday. U.S. gold futures were up 0.1% at $1,946.80. «Quite clearly we've seen a reversal in U.S.

Boston Federal Reserve President Susan Collins on Wednesday advocated a patient approach to policymaking while saying she needs more evidence to convince her that inflation has been tamed.