Top News & Analysis Washington DC

  • Treasury Secretary Jack Lew meets with Brazilian President Michel Temer and Finance Minister Henrique Meirelles WASHINGTON- Federal Reserve Vice Chair Stanley Fischer speaks on "Why Study Economics?" WEDNESDAY, SEPTEMBER 28 WASHINGTON- Federal Reserve Chair Janet Yellen gives semi-annual testimony on Federal Reserve supervision and regulation of the...

  • Treasury Secretary Jack Lew meets with Brazilian President Michel Temer and Finance Minister Henrique Meirelles WASHINGTON- Federal Reserve Vice Chair Stanley Fischer speaks on "Why Study Economics?" WEDNESDAY, SEPTEMBER 28 WASHINGTON- Federal Reserve Chair Janet Yellen gives semi-annual testimony on Federal Reserve supervision and regulation of the...

  • WASHINGTON— Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dipping to their lowest level since early May. The Treasury Department auctioned $40 billion in three-month bills at a discount rate of 0.250 percent, down from 0.305 percent last week. For a $10,000 bill, the three-month price was $9,993.68, while...

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

  • Obama spoke at his eighth and final Tribal Nations Conference, which he created during his first year in office. Leaders of more than 560 Native American tribes gathered for the Washington event as one of the largest Native American protests in decades continues in North Dakota. The $3.7 billion project is being built by the Dakota Access subsidiary of Dallas-...

  • "Disclosure is the foundation of federal securities laws, and public companies are required to disclose material events that shareholders should know about," Warner said in a letter to SEC Chairwoman Mary Jo White. Warner also asked the SEC to probe whether Yahoo has "made complete and accurate representations" about the security of its information technology...

  • MANILA, Sept 26- Philippine President Rodrigo Duterte said on Monday he would visit Russia and China this year to chart an independent foreign policy and "open alliances" with two powers with historic rivalries with the United States. Duterte said the Philippines was at the "point of no return" in relations with former colonial ruler the United States, so he wanted...

  • BUENOS AIRES, Sept 26- The United States will immediately begin work on ways to expedite the exchange of tax information with Argentina, U.S. Treasury Secretary Jack Lew said on Monday, signaling a move that could aid Argentina's tax amnesty program to repatriate overseas assets. "To accelerate the process of sharing tax data on Argentine residents in the United...

  • Sept 26- Mylan NV faced questions on Monday about the profit on its EpiPen emergency allergy treatment, following a report that the company makes 60 percent more on the injector than it had told Congress. Mylan, which acquired the product in 2007, has raised the list price for a pair of EpiPens to $600 from about $100 in 2008.. Mylan Chief Executive Heather Bresch...

  • WASHINGTON— More than one-third of calls to a suicide hotline for troubled veterans are not being answered by front-line staffers because of poor work habits and other problems at the Department of Veterans Affairs, according to the hotline's former director. David Young, R- Iowa, the bill's sponsor, said a veteran in his district told him he repeatedly received...

  • "Disclosure is the foundation of federal securities laws, and public companies are required to disclose material events that shareholders should know about," Warner said in a letter to SEC Chairwoman Mary Jo White. Warner also asked the SEC to probe whether Yahoo has "made complete and accurate representations" about the security of its information technology...

  • WASHINGTON— Congress is poised to override President Barack Obama's veto of a bill that would allow families of Sept. 11 victims to sue Saudi Arabia for the kingdom's alleged backing of the terrorists who carried out the attacks that killed nearly 3,000 people. The legislation, known as JASTA, gives victims' families the right to sue in U.S. court for any role that...

  • WASHINGTON— The Justice Department on Monday unsealed criminal charges against a China- based company and four of its executives for conspiring to evade U.S. economic sanctions that target North Korea's nuclear weapons and ballistic missiles programs. Also Monday, the Treasury Department blacklisted the same firm, Dandong Hongxiang Industrial...

  • The German automaker's U.S. subsidiary earlier this month brought a case in a Washington, D.C.- based federal appeals court seeking to overturn a vote by a group of skilled trade workers at its Chattanooga, Tennessee, assembly plant to join the United Auto Workers. "This makes it almost inevitable that any union target will eventually be organized," said David...

  • Daniel Eugene Traeger, who worked in Alabama, sold the confidential information for more than four years, from 2009 to 2014, authorities said. Representatives from Verizon Wireless didn't immediately return phone messages Monday requesting comment on how widespread the breach may have been. "Between April 2009 and January 2014, the defendant was paid more...

  • WASHINGTON— Sales of new homes down 7.6 percent in August; nearly all regions post declines.

  • WASHINGTON— Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. New home sales dropped 7.6 percent last month to a seasonally adjusted annual rate of 609,000 units, the Commerce Department reported Monday. Jennifer Lee, senior economist at BMO Capital Markets, pointed to a number of positive factors helping...

  • LONDON, Sept 26- London's role as the world's top financial center could be under threat as the implications of Britain leaving the European Union start to sink in, a survey showed on Monday. The Z/Yen 20th global financial centers index, which looks at 87 financial centers, showed that London remains just ahead of New York, followed by Singapore and Hong Kong.

  • LONDON, Sept 26- London's role as the world's top financial centre could be under threat as the implications of Britain leaving the European Union start to sink in, a survey showed on Monday. The Z/Yen 20th global financial centres index, which looks at 87 financial centres, showed that London remains just ahead of New York, followed by Singapore and Hong Kong.

  • A group of Hofstra University students stand in front of a media trailer with images of Hillary Clinton, 2016 Democratic presidential nominee, and Donald Trump, 2016 Republican presidential nominee, ahead of the first U.S. presidential debate at Hofstra University in Hempstead, New York, Sept. 25, 2016.

    After endless debate over the honesty of America's presidential candidates, voters on Monday night get 90 minutes of pure transparency.