Debby, now a tropical storm, soaks northern Florida, kills at least 4

By Maria Alejandra Cardona STEINHATCHEE, Fla. (Reuters) -Tropical Storm Debby dropped buckets of rain across northern Florida on Monday afternoon as it plodded toward Georgia and the Carolinas, where forecasters…

Oil falls as global equities selloff offsets rising Middle East tensions

By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…

Debby, now a tropical storm, soaks northern Florida, churning toward Georgia

By Maria Alejandra Cardona STEINHATCHEE, Fla. (Reuters) -Tropical Storm Debby dropped buckets of rain across northern Florida on Monday afternoon as it plodded toward Georgia and the Carolinas, where forecasters…

Trump says Venezuela is being run by a dictator

WASHINGTON (Reuters) – Venezuela is being run by a dictator, Republican presidential candidate Donald Trump said on Monday, without mentioning Venezuelan leader Nicolas Maduro by name. “I know it very…

Mexican peso pares losses, remains volatile on US recession fears

By Noe Torres and Rodrigo Campos MEXICO CITY/NEW YORK (Reuters) -The Mexican peso touched its weakest against the U.S. dollar in nearly two years before paring much of the losses…

Oil climbs more than $1 into positive territory

By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…

Dollar down as US rate cut bets rise, yen surges

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar sank to a near 7-month low against a basket of peers on Monday, and sold off sharply against the euro…

Mexican peso leads global currency losses on US recession fears

MEXICO CITY (Reuters) – The depreciation of Mexico’s peso extended into its third day on Monday, leading declines in global currencies against the U.S. dollar on concerns the U.S. economy…

Debby slams Florida’s Gulf Coast, threatening Southeast with a week of rain

By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…

Oil drops as US recession fears spark broader selloff

By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…