Commodities

Business Highlights

___ Corporate chiefs flee Trump; he disbands WH advisory panels NEW YORK (AP) — With corporate chieftains fleeing, President Donald Trump on Wednesday disbanded a pair of advisory business councils.

Oil slides despite steep draw in U.S. crude stocks

Oil prices fell more than 1 percent on Wednesday even though U.S. crude stockpiles declined by the most in a year, as data suggesting domestic production was edging higher stoked worries about the global crude glut.

Business Highlights

___ Biz leaders quit Trump panel after Charlottesville comments WASHINGTON (AP) — President Donald Trump on Tuesday ripped into the four business leaders who resigned from his White House jobs panel — the latest sign that corporate America's romance with Trump is faltering — after his equivocal response to violence by white supremacists in Charlottesville, Virginia.

Business Highlights

___ Biz leaders quit Trump panel after Charlottesville comments WASHINGTON (AP) — President Donald Trump on Tuesday ripped into the four business leaders who resigned from his White House jobs panel — the latest sign that corporate America's romance with Trump is faltering — after his equivocal response to violence by white supremacists in Charlottesville, Virginia.

Business Highlights

___ Top Fed official tells AP: Bond portfolio could shrink soon NEW YORK (AP) — A top Federal Reserve official is suggesting that the Fed will likely announce next month that it will begin paring its bond portfolio — a step that could lead to slightly higher rates on mortgages and other long-term loans.

Business Highlights

___ Top Fed official tells AP: Bond portfolio could shrink soon NEW YORK (AP) — A top Federal Reserve official is suggesting that the Fed will likely announce next month that it will begin paring its bond portfolio — a step that could lead to slightly higher rates on mortgages and other long-term loans.