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Top News & Analysis Washington DC

  • CARACAS, March 27- Venezuela next week will launch a new currency exchange mechanism to replace the DICOM rate, also known as SIMADI, President Nicolas Maduro said late on Monday in a televised speech as the OPEC nation suffers a deep economic crisis. "In a process of perfecting the system of collecting, administering and stabilizing the flow of hard currency in...

  • MORGANTOWN, United States- Federal Reserve Board Governor, Jerome Powell speaks on " America's Central Bank: This History and Structure of the Federal Reserve" before the West Virginia University College of Business and Economics Distinguished Speaker Series 2030 GMT. ONTARIO- Bank of Canada Governor, Stephen Poloz will give speech at Durham College, UOIT and...

  • MORGANTOWN, United States- Federal Reserve Board Governor, Jerome Powell speaks on " America's Central Bank: This History and Structure of the Federal Reserve" before the West Virginia University College of Business and Economics Distinguished Speaker Series 2030 GMT. ONTARIO- Bank of Canada Governor, Stephen Poloz will give speech at Durham College, UOIT and...

  • WASHINGTON, March 27- The White House will take a lead role in crafting legislation to overhaul the U.S. tax code, eyeing an August target date as President Donald Trump seeks his first legislative victory following the failure last week of a long-promised bill to undo Obamacare. The White House said on Monday it was moving ahead with tax reform, calling it a "huge...

  • WASHINGTON, March 27- Following the failure of a healthcare bill backed by President Donald Trump, his administration plans to take a lead role in crafting major legislation to cut taxes with an eye toward meeting an August target date, the White House said on Monday. "Obviously, we're driving the train on this," White House spokesman Sean Spicer said during a...

  • WASHINGTON— Interest rates on short-term Treasury bills rose in Monday's auction with rates on three-month bills climbing to the highest level in more than eight years. The Treasury Department auctioned $39 billion in three-month bills at a discount rate of 0.780 percent, up from 0.760 percent last week. For a $10,000 bill, the three-month price was $9,980.28...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • Worries that Washington may not be able to help businesses as much as once thought knocked stock indexes down hard early Monday, before they clawed back most of their losses and ended the day mixed. The Russell 2000 index of smaller-company stocks picked up 2.68 points, or 0.2 percent, to 1,357.32. The S&P 500 is up 102.76 points, or 4.6 percent.

  • The media companies said Comey has spoken "at length and in detail" about the FBI's purchase last year of a tool that enabled it to break into the work phone of Syed Rizwan Farook, one of the two shooters in the December 2015 San Bernardino, California, attack. They told a judge that now that Comey has publicly offered a ballpark price that the FBI paid, and has spoken...

  • WASHINGTON— President Donald Trump signed a handful of measures Monday rolling back Obama-era regulations under the Congressional Review Act. It's part of a larger GOP effort to eliminate an array of regulations issued during President Barack Obama's final months in office and comes days after Trump's effort to repeal and replace "Obamacare" failed.

  • NEW YORK, March 27- The dollar fell to its lowest since November against a basket of currencies on Monday as investors lost confidence in prospects for a U.S. fiscal spending boost under President Donald Trump after his failure to pass a major healthcare reform bill. Trump's inability to deliver on his campaign pledge to overhaul the nation's healthcare system...

  • WASHINGTON— The Latest on contacts between President Donald Trump's senior adviser and son-in-law, Jared Kushner, and Russian officials:. A Russian state bank says it has met with President Donald Trump's senior adviser and son-in-law, Jared Kushner, as part of a series of meetings on future strategies. The top members of the Senate intelligence committee say...

  • WASHINGTON, March 27- The U.S. Supreme Court on Monday struggled over whether to upend nearly 30 years of law governing patent lawsuits that critics say allows often-baseless litigants to sue in friendly courts, giving them the upper hand over high-technology companies such as Apple Inc and Alphabet Inc's Google. The justices heard an hour of arguments in an...

  • DJI, a Chinese company, said in a paper released Monday that radio transmissions of an identification code, possibly the operator's Federal Aviation Administration's registration number, could help allay security concerns while also protecting the operator's privacy. Law enforcement agencies and the U.S. military raised security concerns last year...

  • WASHINGTON— President Donald Trump says that empowering and promoting women in business are priorities in his administration. In a round-table discussion, the president is telling a group of female business owners that his team will work on barriers women face. The White House is trying to focus this week on another campaign priority: creating jobs and...

  • The hospitals— Advocate Health Care Network, Dignity Health and Saint Peter's Healthcare System— say their pensions are "church plans" exempt from the law and have been treated as such for decades by the government agencies in charge. Workers suing the health systems argue that Congress never meant to exempt them and say the hospitals are shirking legal...

  • NEW YORK— Secretary of State Rex Tillerson, who has famously declared himself "not a big media press access person," isn't alone in President Donald Trump's Cabinet. Education Secretary Betsy DeVos and Transportation Secretary Elaine Cho, both with extensive private sector backgrounds, have similarly been press-averse at the beginning of their tenures.

  • LOS ANGELES— As a billionaire developer, Donald Trump built casinos, luxe condo towers and lush golf courses. Now, as president, Trump aims to develop perhaps his most ambitious and surely his most contentious project yet: A wall along the nearly 2,000- mile U.S.- Mexico border. Among them are Kiewit and Flour Enterprises.

  • The Paris Agreement requires consensus for all decisions, meaning the withdrawal of a recalcitrant United States would make it easier for emitters such as China and the European Union to design details of a trillion-dollar shift from fossil fuels. In a step to undo environmental regulations introduced under former President Barack Obama, Trump will sign an...

  • WASHINGTON— President Donald Trump's son-in-law has volunteered to answer questions before the Senate Intelligence Committee about arranging meetings with the Russian ambassador and other officials, the White House confirmed Monday. Jared Kushner has agreed to speak to the committee, which is conducting an investigation into Russia's interference in...