Energy in America

Business Highlights

___ Renewed jitters over trade send stocks, bond yields lower Stocks plunged Tuesday as the goodwill generated by a truce between the U.S. and China over trade evaporated over confusion about what the two sides had actually agreed to.

US coal consumption drops to lowest level since 1979

Americans are consuming less coal in 2018 than at any time since Jimmy Carter's presidency, a federal report said Tuesday, as cheap natural gas and other rival sources of energy frustrate the Trump administration's pledges to revive the U.S. coal industry.

Portugal fetes China, risking tension with Western allies

While some powerful European Union governments are uneasy about China possibly capturing control of the bloc's critical energy and transport infrastructure, one of western Europe's smallest economies is grabbing the opportunity with both hands.

Business Highlights

___ US-China trade truce sends US stocks solidly higher NEW YORK (AP) — Stocks closed solidly higher on Wall Street after the U.S. and China agreed to a 90-day truce in their trade dispute.