Washington DC


  • House GOP repackages election-year bills Thursday, 18 Sep 2014 | 7:03 PM ET

    The bills adopted Thursday are unlikely to be taken up in the Democratic-controlled Senate, and both face veto threats from the White House. They had already been passed by the House as separate legislation but stalled in the Senate.

  • At UN, Obama to urge nations to go big on climate Thursday, 18 Sep 2014 | 5:22 PM ET

    WASHINGTON— Having spent political capital fighting climate change at home, President Barack Obama will turn his sights overseas next week, urging fellow heads of state to be as ambitious as possible as they negotiate a make-or-break global treaty to be finalized in Paris next year.

  • Figures on government spending and debt Thursday, 18 Sep 2014 | 5:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • WASHINGTON, Sept 18- Ukraine President Petro Poroshenko secured $53 million in assistance from the United States on Thursday but President Barack Obama for now turned down his appeals for weapons to fight Russian-backed separatists.

  • Fewer than 1 percent of large partnerships were audited by the IRS in 2012, compared with 27 percent of large corporations, the GAO said, defining both as having $100 million or more in assets, and in the case of partnerships, 100 or more partners.

  • FDA approves Eli Lilly's injectable diabetes drug Thursday, 18 Sep 2014 | 4:41 PM ET

    WASHINGTON— The Food and Drug Administration has approved a new injectable diabetes drug from Eli Lilly and Co. for adults with the most common form of the disease.

  • After record profits, airlines keep adding jobs Thursday, 18 Sep 2014 | 3:42 PM ET

    WASHINGTON— The number of jobs at U.S. airlines keeps growing— although slowly— as some of them post record profits. The U.S. Department of Transportation said Thursday that the nation's passenger airlines employed the equivalent of 386,243 full-time workers in July, up 1.3 percent from the same month last year.

  • WASHINGTON, Sept 18- Ukrainian President Petro Poroshenko appealed for more U.S. assistance, including arms, in a warmly received appearance before the U.S. Congress on Thursday, but the latest offer of American help did not include the weaponry he is seeking.

  • Clinton: Turn female economic issues into movement Thursday, 18 Sep 2014 | 1:04 PM ET

    Clinton spoke at a forum sponsored by the Center for American Progress, which was formed more than a decade ago by veterans of her husband's administration, where she was joined by House Democratic Leader Nancy Pelosi of California, Sens. Kirsten Gillibrand of New York and Patty Murray of Washington and others.

  • Health law enrollment now 7.3M Thursday, 18 Sep 2014 | 12:17 PM ET

    WASHINGTON— The Obama administration says 7.3 million people have signed up for subsidized private health insurance under the health care law— down from 8 million reported earlier this year. Medicare Administrator Marilyn Tavenner updated the numbers at a hearing Thursday before the House Oversight and Government Reform Committee.

  • Stock gains lift US household wealth to a record Thursday, 18 Sep 2014 | 12:12 PM ET

    WASHINGTON— Strong stock market gains and higher home prices boosted Americans' net worth in the April-June quarter to a record high, a trend that could encourage more spending. The Federal Reserve said Thursday that household wealth rose 1.7 percent in the second quarter to $81.5 trillion. Americans' stock and mutual fund portfolios gained $1 trillion.

  • Bill seeks fairer treatment for black lung victims Thursday, 18 Sep 2014 | 11:28 AM ET

    Jay Rockefeller and Bob Casey unveiled legislation Thursday aimed at ensuring fairer treatment for coal miners with black lung disease who are pursuing benefits claims.

  • Brighter economy driving up holiday hiring plans Thursday, 18 Sep 2014 | 11:02 AM ET

    NEW YORK— UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.. One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season.

  • Average US 30-year mortgage rate at 4.23 percent Thursday, 18 Sep 2014 | 10:08 AM ET

    WASHINGTON— Average long-term U.S. mortgage rates surged this week, marking their largest one-week gain this year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30- year loan jumped to 4.23 percent from 4.12 percent last week.

  • Intelligence director disputes allegations he lied Thursday, 18 Sep 2014 | 9:22 AM ET

    WASHINGTON— James Clapper, the director of national intelligence, denied Thursday that he lied to Congress about government surveillance last year, and he rolled out a new national intelligence strategy that includes principles of ethics for intelligence officers.

  • How states fared on unemployment benefit claims Thursday, 18 Sep 2014 | 9:15 AM ET

    WASHINGTON— Substantially fewer people sought unemployment benefits last week, which often points to employers feeling more confident about the economy and hiring more workers.

  • Yellen says US families need to boost savings Thursday, 18 Sep 2014 | 8:46 AM ET

    WASHINGTON— The Great Recession showed that a large number of American families are "extraordinarily vulnerable" to financial setbacks because they have few assets to fall back on, Federal Reserve Chair Janet Yellen said Thursday.

  • Applications for US jobless benefits fall sharply Thursday, 18 Sep 2014 | 8:36 AM ET

    WASHINGTON— The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening. The four-week average of applications, a less volatile measure, fell 4,750 to 299,500, the Labor Department said Thursday.

  • Volatile apartment sector reduces US home building Thursday, 18 Sep 2014 | 8:35 AM ET

    WASHINGTON— U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly. Construction fell 14.4 percent in August to a seasonally adjusted annual rate of 956,000 homes, the Commerce Department said Thursday.

  • WASHINGTON— Applications for US jobless aid drop sharply to 280 K, sign of a stronger job market.