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  • NEW YORK, June 1- Florida Senator Marco Rubio has one; Texas Senator Ted Cruz has one; even former Pennsylvania Senator Rick Santorum, considered a longshot for the Republican presidential nomination in 2016, has a billionaire in his corner. Wisconsin Governor Scott Walker has two. Some voters in Philadelphia, for example, were turned off by the billionaires...

  • WASHINGTON— Homeland Security Secretary Jeh Johnson on Monday reassigned the leader of the Transportation Security Administration and directed the agency to revise airport security procedures, retrain officers and retest screening equipment in airports across the U.S.. The TSA's acting administrator, Melvin Carraway, is being reassigned to a different...

  • DIARY- Top Economic Events to June 15 Monday, 1 Jun 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on the U.S. economic outlook and monetary policy at the Center for Strategic and International Studies- 1400 GMT. PARIS- Organisation for Economic Cooperation and Development Forum 2015. PARIS- European Central Bank board member Daniele Nouy speaks at the panel discussion "Unlocking...

  • Rates drop at weekly US Treasury bill auction Monday, 1 Jun 2015 | 5:23 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.010 percent, down from 0.015 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.070 percent, down from 0.085 percent last week. For a $10,000 bill, the three-month price was $9,999.75, while a six-month bill sold for $9,996.46.

  • WASHINGTON, June 1- U.S. consumer spending growth unexpectedly stalled in April as households cut back on purchases of automobiles and continued to boost savings, suggesting the economy was struggling to gain momentum early in the second quarter. The Commerce Department said April's unchanged reading in consumer spending growth compared with analysts'...

  • Figures on government spending and debt Monday, 1 Jun 2015 | 4:31 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Don Young, R- Alaska, would remove a 10- year timeframe for rebuilding depleted fish stocks and allow fisheries managers to consider the economic needs of fishing communities in setting annual catch limits. Rob Bishop, R- Utah, chairman of the House Natural Resources Committee, called the vote "a win for the consumer, a win for the industry that puts food on our tables...

  • Dozens of health insurers say higher-than-expected care costs and other expenses blindsided them this year, and they're going to have to hike premiums for individual policies well-beyond 10 percent for 2016.. The proposed double-digit hikes would apply to plans sold on the health insurance exchanges created under President Barack Obama's law, as well as...

  • WASHINGTON— Joint replacement was the most common hospital procedure that Medicare paid for in 2013, accounting for nearly 450,000 inpatient admissions and $6.6 billion in payments. Among physicians, cancer specialists received the largest payments from Medicare, but much of their reimbursements went to cover the cost of the very expensive drugs to treat...

  • NEWARK, N.J.— Jurors are expected to hear testimony this week in a lawsuit that claims a nonprofit violated state consumer fraud laws when it offered treatment it said would turn gays into heterosexuals by, among other methods, having them spend more time naked with their fathers. The lawsuit against Jersey City- based Jews Offering New Alternatives for Healing,...

  • WASHINGTON— A top executive says Takata Corp. is encouraging automakers to replace defective air bag inflators with newly designed ones from the company, or with those made by competitors that don't include a volatile chemical. Kevin Kennedy, executive vice president of North America for Takata Corp., will also tell Congress the company "deeply" regrets every...

  • PHILADELPHIA— Keychains, rosaries, T-shirts and even a miniature plush doll of Pope Francis will be among the souvenirs for sale to commemorate the pontiff's upcoming trip to Philadelphia. The pope plans to visit Philadelphia in September for the World Meeting of Families, an international gathering for Catholics focused on strengthening family bonds.

  • WASHINGTON, June 1- U.S. consumer spending unexpectedly stalled in April as households cut back on purchases of automobiles and continued to boost savings, suggesting the economy was struggling to gain momentum early in the second quarter. We need to see more of a rebound in growth before the Fed pulls the trigger on interest rates, "said Diane Swonk, chief...

  • WASHINGTON— The National Park Service says the Washington Monument is temporarily closed again after another power failure. The agency announced Monday that the monument was closed Monday morning after the elevator lost power around 9:30 p.m. Sunday. Mike Litterst, a spokesman for the park service, said in an email Monday afternoon that the monument will...

  • US justices boost workplace religious protections Monday, 1 Jun 2015 | 10:35 AM ET

    WASHINGTON— The Supreme Court strengthened civil rights protections Monday for employees and job applicants who need special treatment in the workplace because of their religious beliefs. The justices sided with a Muslim woman who did not get hired after she showed up to a job interview with clothing retailer Abercrombie& Fitch wearing a black headscarf.

  • WASHINGTON— The Supreme Court on Monday threw out the conviction of a Pennsylvania man prosecuted for making threats on Facebook, but dodged the free-speech issues that had made the case intriguing to First Amendment advocates. Chief Justice John Roberts said it was not enough for prosecutors to show that the comments of Anthony Elonis about killing his...

  • WASHINGTON, June 1- U.S. consumer spending was unexpectedly flat in April as households cut back on purchases of automobiles and continued to boost savings, suggesting the economy was struggling to gain momentum early in the second quarter. "Neither of these developments make the June policy meeting a more likely date to begin hiking rates than was already the...

  • In Washington, Congress will begin considering legislation to permit the export of crude oil from the United States, reversing a four decade ban put in place after the first oil crisis in 1973/ 74.. Rather than reduce production to boost prices, Saudi Arabia and the other OPEC members are prepared to continue pumping to defend market share and maximise revenue.

  • WASHINGTON— U.S. manufacturing growth accelerated in May for the first time in six months, propelled by more new orders and an increase in hiring. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its manufacturing index rose to 52.8 last month from 51.5 in April. That's the highest reading since February.

  • WASHINGTON— A unanimous Supreme Court ruled Monday that homeowners who declare bankruptcy can't void a second mortgage even if the home isn't worth what they owe on the primary mortgage. Both cases involved property owners who were allowed by lower courts to nullify second loans held by Bank of America. The Atlanta- based 11th U.S. Circuit Court of Appeals...