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MercoPress, en Español

Montevideo, March 25th 2026 - 05:36 UTC

United States

  • Tuesday, February 6th 2018 - 07:51 UTC

    US stocks Monday plunge erasing 2018 gains; economy fundamentals are strong, says White House

    The declines for the benchmark S&P 500 index and the Dow Jones Industrial Average were the biggest single-day percentage drops since August 2011

    United States stocks plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more than 4%, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year.

  • Monday, February 5th 2018 - 09:08 UTC

    Can The Shale Boom Avoid These Bottlenecks?

    The rig count in the Permian has surged and jumped by 18 in the most recent week for which data is available, to 427, the highest total for the basin since early 2015.

    By Nick Cunningham of Oilprice.com <br />
    <br />
    Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of the new oil production in the U.S., but a relatively small number of counties within the Permian are home to most of that action.

  • Saturday, February 3rd 2018 - 10:58 UTC

    US payrolls expanded by 200.000 in January, and wages started to creep up

    The Labor Department report showed average hourly earnings for private sectorworkers rose 9 cents in January, to US$26.74. For the year, the increase was 75c

    The United States labor market barreled forward in January, as employers added more jobs than expected and wage growth was its strongest in more than eight years. Payrolls in the United States expanded by 200,000 last month, driven by hiring in construction, food services and health care, the US Labor Department said.

  • Saturday, February 3rd 2018 - 10:53 UTC

    US markets suffer their steepest decline since June 2016. Dow Jones fell 2.5%

    The losses touched every sector, with the steepest declines in energy and technology stocks.

    The blue chip Dow Jones Industrial Average suffered its steepest decline since June 2016 on Friday, amid wider losses in United States markets. The fall came after a string of disappointing earnings reports from giants such as Apple.

  • Saturday, February 3rd 2018 - 10:47 UTC

    Tillerson praises 'enormous' value of Mexican immigration, but admits US needs 'good discipline'

    “Let's make sure we have systems in place where we understand who's coming into the country,” Tillerson said. Immigration in U.S. has “gotten out of normal order”

    United States Secretary of State Rex Tillerson said in Mexico on Friday that immigrants bring “enormous value” to the U.S., but added the U.S. government lacks “good discipline” in regulating who enters the country to live. After meeting in Mexico City with Mexican Foreign Secretary Luis Videgaray and Canadian Foreign Minister Chrystia Freeland, Tillerson told reporters the U.S. has put “many mechanisms in place” over the years to control immigration, but has “never gone back to clean this up.”c

  • Saturday, February 3rd 2018 - 10:42 UTC

    US warns Mexico to pay attention to Russian meddling in the July elections

    Speaking in Mexico City, Tillerson said European counterparts had noticed that Russia had had its fingerprints on a number of elections.

    US Secretary of State Rex Tillerson warned Mexico on Friday to pay attention to Russian meddling in elections around the world, following comments from another US official that there were signs of such interference in the country's presidential race.

  • Friday, February 2nd 2018 - 19:33 UTC

    UBS, HSBC and Deutsche Bank caught spoofing, and have to pay US$ 46.6m

    Spoofing refers to submitting, then cancelling, orders on futures contracts to manipulate the quoted price. The DOJ said spoofing harmed innocent investors. Photo: Reuters

    The US Department of Justice (DOJ) says it has charged eight individuals over allegations they “spoofed” or manipulated the futures markets for precious metals and share indexes. Separately UBS, HSBC and Deutsche Bank will pay a total of US$ 46.6m to settle spoofing charges against them.

  • Friday, February 2nd 2018 - 09:52 UTC

    Why Is The Shale Industry Still Not Profitable?

    The average return on asset for U.S. shale companies “is still a measly 0.8%,” the financial services company wrote in its report.

    By Nick Cunningham of Oilprice.com

    Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing “irrational production.”

  • Thursday, February 1st 2018 - 21:53 UTC

    Trump presses: Bipartisan efforts stalled in Bargain on Immigration

    Trump admitted that Democrats are “talking a good game” but they are not productive with DACA caring more about politics than actually resolving the matter.

    After the night of Trump’s State of Union address, bipartisan clashes continue since President Donald Trump turned on the pressure on Democrats on Thursday to come to an agreement on protection for the undocumented immigrants brought to the country illegally as children.

  • Thursday, February 1st 2018 - 20:27 UTC

    Yellen steps down leaving Fed rates unchanged and the US economy growing at “solid rate”

    The announcement brought down the curtain on Janet Yellen's four-year tenure as the Fed's chairwoman. She will step down on Saturday at the end of her term.

    The United States Federal Reserve said on Wednesday that it was still trying to stimulate faster economic growth as one of the longest expansions in American history neared the end of its ninth year. The Fed said after a two-day meeting of its policymaking committee that it was leaving its benchmark interest rate unchanged in a range of 1.25% to 1.5%, a relatively low level that the Fed said would help support continued job growth and stronger inflation.