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Obama touts auto bailout success, Michigan worries about trade By Jeff Mason WAYNE, Mich. (Reuters) – President Barack Obama, on a trip to unveil elements of his State of the Union address, took a victory lap in Michigan on Wednesday to tout his support of the auto industry, but concerns about trade policies hung in Read More

(Corrects November ADP Payroll figure in second paragraph to revised upwards.) U.S. stock futures rose Wednesday after a weak start to the year that was compounded by sliding oil prices , helped by better-than-expected payrolls figures and in anticipation of further details from the central bank’s monetary policy meeting three weeks ago. This morning, Read More

November’s trade deficit could have narrowed on the back of collapsing oil prices, forecast Ashworth. Oil prices continued to fall on Wednesday, with the price of Brent crude temporarily dipping below $ 50 per barrel, for the first time since mid-2009. Read MoreBrent dips below $ 50 for first time since May Read More

CHICAGO: US wheat futures rose for the second day in a row on Tuesday on support from the deteriorating condition of the dormant crop and prospects for more damage from Arctic temperatures across key growing areas, traders said. “The hard red winter wheat crop is in Read More