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WASHINGTON (Reuters) -President Donald Trump's initial policy proposals raised concern at the Federal Reserve about higher inflation, with firms telling the U.S. central bank they generally expected to raise prices to pass along the cost of import tariffs, policymakers said at a meeting held about a week after Trump's January 20 inauguration. Participants at the U.S. central bank's January 28-29 meeting "generally pointed to the upside risks to the inflation outlook," rather than risks to the job market, according to the minutes from the meeting, which were released on Wednesday. "In particular, participants cited the possible effects of potential changes in trade and immigration policy, the potential for geopolitical developments to disrupt supply chains, or stronger-than-expected household spending."

(Bloomberg) -- State-controlled oil driller Ecopetrol SA sees “great potential” for development and exploration in Colombia’s crude-producing heartland alongside bets on US fracking and offshore gas. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsAirbnb Billionaire Plans Factory-Built Homes for LA Fire VictimsChicago Council Delays $830 Million Bond Vote Amid

A new executive order gives President Donald Trump's appointees more power over independent agencies, including how the Fed regulates banks. But monetary policy will remain under the central bank's full control.

If the loan is canceled, Tesla CEO and Trump “First Buddy” Elon Musk stands to benefit the most.

GEORGETOWN (Reuters) -U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects. The "Wales Gas Vision", outlined by Exxon's Guyana head, Alistair Routledge, at an energy conference in Georgetown, is set to provide gas for several petrochemical and power projects through a $1 billion pipeline completed last year. The government will take a portion of the gas, produced by Exxon at its massive Stabroek Block and transported through the pipeline for power generation and natural gas liquids production.

(Bloomberg) -- The oil market is becoming increasingly numb to the array of changes that Donald Trump is trying to make now that he’s US President again.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsAirbnb Billionaire Plans Factory-Built Homes for LA Fire VictimsChicago Council Delays $830 Million Bond Vote Amid ScrutinyTrump spent his first weeks in office r

(Bloomberg) -- A disputed tunnel in Michigan for an Enbridge Inc. oil pipeline is among hundreds of energy and mining projects the US Army Corps of Engineers has identified for emergency fast-track reviews after President Donald Trump’s executive order.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsAirbnb Billionaire Plans Factory-Built Homes for LA Fire Victi