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Top News & Analysis Washington DC

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  • WASHINGTON, Sept 1- A multimedia, multi-state advertising blitz from industry groups opposing new national ozone standards reached Pennsylvania on Tuesday, part of their last-ditch attempt to scuttle the Obama administration's plans to issue new rules governing ground-level smog by Oct. 1. The U.S. Environmental Protection Agency sent its...

  • WASHINGTON— The Institute for Supply Management releases its August survey on U.S. manufacturing production, orders, hiring and other activity Tuesday at 10 a.m. Eastern. MODEST INCREASE: Economists forecast that the manufacturing index from the trade group for purchasing managers will rise to 52.8 in August from 52.7 in July, according to a survey by the...

  • WASHINGTON— The Commerce Department reports on July U.S. construction spending at 10 a.m. Eastern on Tuesday. This would mark a strong acceleration from the 0.1 percent gain in June to a seasonally adjusted annual rate of $1.06 trillion, the strongest pace since 2007.. In July, housing starts rose 0.2 percent to a seasonally adjusted annual rate of 1.21 million...

  • WASHINGTON— Hillary Rodham Clinton and her aides at the State Department were acutely aware of the need to protect sensitive information when discussing international affairs over email and other forms of unsecure electronic communication, according to the latest batch of messages released by the agency from Clinton's tenure as secretary of state.

  • WASHINGTON, Aug 31- The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday. A move against Chinese entities or individuals before Xi's trip, the officials said, is possible but unlikely because of the strain it could put on the...

  • WASHINGTON— Figures on government spending and debt.

  • The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.095 percent, up from 0.050 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.270 percent, up from 0.200 percent last week. For a $10,000 bill, the three-month price was $9,997.60, while a six-month bill sold for $9,986.35.

  • WASHINGTON— A federal judge on Monday sided with an anti-abortion group in its challenge of a key birth control provision of the Obama administration's health care overhaul. March for Life, which holds annual anti-abortion marches in Washington, was founded in 1973 following the Supreme Court's Roe v. March for Life closely resembles religious groups in that...

  • WASHINGTON— Aides to Hillary Rodham Clinton at the State Department complained about the limitations of using email to discuss sensitive diplomatic information, according to the latest batch of emails released by the agency from Clinton's tenure as secretary of state. The email appears to focus on civil unrest in Iran during the period preceding the Green...

  • NEW YORK, Aug 31- Religious leaders in Puerto Rico called on Monday for the island's government and its lenders to avoid austerity measures and for the Federal Reserve to step in with assistance. Puerto Rico is working to restructure $72 billion in debt, and is considering reducing expenses through measures such as cuts to healthcare and consolidating and...

  • WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • NEW YORK— The Carlyle Group will pay $98 million to buy candle seller Blyth, the private equity firm said Monday. Shares of The Carlyle Group LP, based in Washington, D.C., fell 25 cents to $21.65 in midday trading Monday. Shares of Blyth Inc. soared $3.03 to $5.95.

  • The Dow Jones industrial average has lost nearly 1,000 points since China's surprise move to devalue its currency Aug. 11. For all its woes, China still outruns every other major economy. For 2015, while the nearly healthy U.S. economy will expand perhaps 2.5 percent, even most pessimistic analysts predict that China's will grow at least 5 percent.

  • Trump's mass deportation idea was tried in the 1930s Sunday, 30 Aug 2015 | 8:24 AM ET

    ALBUQUERQUE, N.M.— Republican presidential candidate Donald Trump's call for mass deportation of millions of immigrants living in the U.S. illegally, as well as their American-born children, bears similarities to a large-scale removal that many Mexican-American families faced 85 years ago. During that time, immigrants were rounded up and sent to Mexico,...

  • 'Good reason' to see higher US prices: Fischer Saturday, 29 Aug 2015 | 5:33 PM ET
    Stanley Fischer

    U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Fed to hike rates slowly, Vice Chairman Stanley Fischer said.

  • *Fed, BoE sound confident notes in face of China fears. JACKSON HOLE, Wyo., Aug 29- U.S. inflation will likely rebound as pressure from the dollar fades, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday in a speech careful not to overreact to a possible Chinese slowdown. The cautious confidence from...

  • WASHINGTON— Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's target level have likely begun to fade. Investors have been trying to determine whether the Fed might still be on course to raise interest rates after its Sept. 16-17...

  • In reversal, abundant grain trains available for harvest Saturday, 29 Aug 2015 | 10:33 AM ET

    The reversal is attributed to unprecedented spending on track upgrades, political pressure from politicians in agriculture-rich states and a drastic decrease in trains hauling crude and freight to and from western North Dakota's oil-producing region. "There had been some uncertainties but it has gradually gotten better," said Josh Mardikian, grain...

  • WASHINGTON— With melting glaciers and rising seas as his backdrop, President Barack Obama will visit Alaska next week to press for urgent global action to combat climate change, even as he carefully calibrates his message in a state heavily dependent on oil. The unambiguous goal of the president's trip is to use dramatic and alarming changes to Alaska's...