Senate panel backs bill for new sanctions on Iran

Senate panel backs bill for new sanctions on Iran

By an 18-3 vote, the Senate Foreign Relations Committee paved the way for full Senate consideration, despite objections from former Secretary of State John Kerry and others who served in Democratic President Barack Obama's administration that it might threaten the 2015 worldwide nuclear deal with Iran.

Free ride for Alonso's Indy sponsors

The 101st Running of the Indianapolis 500 is set for Sunday at Indianapolis Motor Speedway. Those preferences were released Thursday. Two-time Formula One world champion Fernando Alonso surprised himself with his qualifying success for Sunday's Indianapolis 500 , but the Spaniard knows his biggest challenge will come on race day.

Senate intelligence panel requests Trump campaign documents

The most recent reports - which cited unnamed US officials as sources - said Kushner had spoken with Moscow's Ambassador to the US, Sergei Kislyak, about setting up a back channel using Russian diplomatic facilities in America. The Post reported earlier that investigators are focusing on meetings he held in December with Moscow's ambassador and the head of a Russian bank that has been under U.S.

Oil plunges 5 pct on disappointment with OPEC cuts

OPEC has a self-imposed goal of bringing stocks down from a record high of 3bn bbls to the five-year average of 2.7bn bbls. "Expectations had become so high that the mere extension of the status quo by nine months resulted in disappointment", said analysts at Commerzbank .

Jared Kushner proposed secret communications with Russian Federation

Jared Kushner , right, is a senior adviser to Donald Trump and is married to the US President's daughter, Ivanka Trump, left. Federal investigators are looking into meetings Kushner held in December with Russia's ambassador and a banker from Moscow , CBS News' Scott Pelley reported on "CBS Evening News" on Thursday.

OPEC oil squeeze to remain, but will it lift prices?

Before, OPEC's strategy was to keep pumping at full tilt in order to push the oil price lower and make life hard for the Americans, who need a higher price to make money. Worldwide benchmark Brent shed about 0.5%. The pan-European STOXX 600 .stoxx index fell 0.5 percent and euro zone blue chips .stoxx50e fell 0.7 percent by 0922 GMT, while in London both the main FTSE 100 .ftse benchmark and mid caps .ftmc nudged higher to hit fresh record highs.