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CHICAGO -- Chicago Mercantile Exchange (CME) feeder cattle futures eased from a one-year high on Wednesday on overbought signals and despite another slide in corn prices that had been encouraging demand for young cattle, traders said.
WASHINGTON -- Leaders of the U.S. Senate Foreign Relations Committee said they reached an agreement on Tuesday on a draft authorization for the use of military force in Syria that was much narrower than the request made by President Barack Obama, paving the way for a vote by the committee on Wednesday. Among other provisions, the draft, which was obtained by Reuters, sets a 60-day limit on U.S. military action in Syria, with a possibility of a single 30-day extension subject to conditions.
WASHINGTON (Reuters) -- Public pension liabilities in five U.S. states could represent more than 40 percent of their local economies, according to an analysis released on Tuesday by a conservative group that lowered the assumed rate of return for pensions' investments. The group, State Budget Solutions, which aims to reform budgeting practices by state and local governments, used a rate of return that is less than half the historical averages that are used by most public pensions.
SINGAPORE -- The smartwatch could be as revolutionary as the smartphone - an intelligent device on our wrist that connects our bodies to data and us to the world - but only a handful of companies have the heft and vision to be able to pull it off. It's not through lack of trying. Watchmakers and others have been adding calculators, calendars and wireless data connections to wrist-straps for at least 30 years.
WASHINGTON (Reuters) - Environmental groups on Thursday used statements by supporters of the proposed Canada-U.S. Keystone XL pipeline to undermine the argument that Canada's tar sands will be developed without the project, so the impact on greenhouse gases will be the same.
CHICAGO -- Several years of profitable crops have left U.S. farmers with enough cash that they can delay additional sales of corn and soybeans, which could be bad news for food companies, livestock feeders, and exporters hoping for an abundance of low-price grain after this year's harvest. While the U.S. Agriculture Department has forecast huge corn and soybean crops this autumn, these rich farmers have enough on-farm grain storage to hold onto much of their bounty until prices move higher.
LONDON -- Poverty and the all-consuming fretting that comes with it require so much mental energy that the poor have little brain power left to devote to other areas of life, according to the findings of an international study published on Thursday. The mental strain could be costing poor people up to 13 IQ (intelligence quotient) points and means they are more likely to make mistakes and bad decisions that amplify and perpetuate their financial woes, researchers found.
LONDON/BEIRUT, Aug 29 (Reuters) - Britain will not join any military action against Syria after a stunning parliamentary defeat on Thursday of a government motion on the issue, dealing a setback to U.S.-led efforts to punish Damascus over the use of chemical weapons against civilians. Following a 285-272 vote against a motion by British Prime Minister David Cameron to authorise a military response in principle, British Defence Secretary Philip Hammond confirmed Britain would not be involved in any action against Syria.
BOSTON (Reuters) - The U.S. Justice Department on Wednesday said it would provide $2.5 million to Connecticut state and local police departments to cover costs related to the December massacre of 20 elementary school students and six teachers in Newtown. The leafy suburb was the site of a mass killing late last year when a 20-year-old man walked into Sandy Hook Elementary School and began shooting, prompting a massive law enforcement response from more than two dozen local police departments.
A critical water source for U.S. farmers and ranchers is being depleted at a rapid rate and nearly 70 percent of it will disappear within the next 50 years if the current trend does not change, according to a report issued this week.