Source: emii.com

Private employers in the U.S. unexpectedly downsized payrolls in August as the government is expected to publish data on Friday that show public sector cuts as well, raising concerns about the strength of the economic recovery, according to Reuters.

Source: World Oil

Following the United States' six-month ban on deepwater drilling, the Ministry of the Environment in the Bahamas has suspended consideration of all applications for oil exploration and drilling in the waters of the Bahamas.

The Securities and Exchange Commission has warned credit rating agencies that the recently passed financial reforms in the Dodd-Frank Act allows the regulator to pursue fraud cases overseas if it could harm the U.S., according to Financial Times.