Top News & Analysis Washington DC

More

  • HAVANA— The United States and Cuba will sign an agreement next week to resume commercial air traffic for the first time in five decades, starting the clock on dozens of new flights operating daily by next fall, U.S. officials said Friday. Barring other major announcements, it would be the most significant development in U.S.- Cuba trade since Presidents Barack...

  • That's what many ranchers and sympathizers opposing federal control of public lands in the West concluded after the armed occupation of a national wildlife refuge in Oregon. But not all condone the tactics of the armed group that drew the nation's gaze to the snowy landscapes of eastern Oregon. State lawmakers, notably in Utah, are considering a legal way to...

  • WASHINGTON, Feb 12- A recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon. Fed Chair Janet Yellen said this week it was still too soon for the central bank to change its view that rate hikes are needed, a position supported by a still-robust pace...

  • WASHINGTON, Feb 12- The U.S. House of Representatives overwhelmingly passed legislation on Friday broadening sanctions to punish North Korea for its nuclear program, human rights record and cyber crimes, and sent the measure to President Barack Obama to sign into law. Lawmakers said they wanted to make Washington's resolve clear to Pyongyang, but also to the...

  • WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • WASHINGTON— Mitt Romney, the 2012 Republican presidential candidate, offered this year's hopefuls advice about a hard-learned lesson: Release your tax returns before the primaries and avoid tough scrutiny later. Even as other candidates— most notably Hillary Clinton and Jeb Bush— have already disclosed years' worth of private tax returns to dispel questions...

  • WASHINGTON, Feb 12- U.S. consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end of 2015.. "The markets may have decided that the U.S. is headed for recession, but obviously no one told U.S. consumers," said Paul Ashworth, chief...

  • Oil refiners are required to meet EPA targets for biofuel use. Each year, the EPA is required to set targets for biofuel use. "If EPA is going to use an extraordinary action like a waiver, then at least EPA must remove any structural impediments that prevent penetration of renewable fuels," Alonso said.

  • WASHINGTON, Feb 12- The U.S. House of Representatives overwhelmingly passed legislation on Friday broadening sanctions against North Korea, sending the measure to President Barack Obama to sign into law. Lawmakers said they wanted to make Washington's resolve clear to Pyongyang, but also to the United Nations and other governments- especially China, North...

  • The FDA rules will require restaurants and other establishments that sell prepared foods and have 20 or more locations to post the calorie content of food "clearly and conspicuously" on their menus, menu boards and displays. Cathy McMorris Rodgers, R- Wash., would leave the Food and Drug Administration rules requiring the labeling in place but make it easier for...

  • Feb 12- A printer cartridge reseller infringed the patent rights of Lexmark International Inc when it imported Lexmark's toner products back into the United States after they were first sold abroad, a U.S. appeals court ruled on Friday. Though the case was about laser printer cartridges, the decision by the U.S. Court of Appeals for the Federal Circuit in...

  • WASHINGTON— U.S. businesses boosted their stockpiles slightly in December, as sales dropped sharply. The Commerce Department said Friday that December business inventories rose a seasonally adjusted 0.1 percent, after having slipped 0.1 percent in November. For all of last year, business sales fell 2.4 percent last to $15.8 billion, the first decline since...

  • WASHINGTON— US business stockpiles rise as sales fall, sign of possible economic weakness.

  • WASHINGTON— U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite sharp drops in stock prices. The Commerce Department said Friday that retail sales increased a seasonally adjusted 0.2 percent last month, the same as in December. "The markets may have decided that the U.S. is headed for recession, but obviously no one told U.S....

  • WASHINGTON— The Commerce Department releases January retail sales data at 8:30 a.m. Eastern Friday. SLIGHT INCREASE: Economists believe retail sales rose a seasonally adjusted 0.1 percent last month, according to a survey by data provider FactSet, a reversal of December's 0.1 percent drop. On Wednesday, the National Retail Federation forecast above...

  • A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85- year-old tariff law that has failed to keep products of forced and child labor out of America.

  • SEOUL, South Korea— The closure of a factory park in North Korea jointly run by both Koreas has robbed the impoverished North of a rare source of legitimate hard currency. The bank has been publishing estimates of North Korea's economy since 1991. The Bank of Korea said North Korea's combined imports and exports that year were about $9.9 billion, including $2.4...

  • WASHINGTON, Feb 12- The Federal Reserve's carefully scripted decision to raise interest rates last December, and begin a return to "normal" policy, may now become a nightmare for the U.S. central bank if an economic downturn forces a return to unconventional methods. We previously studied them and decided they would not work well, "Yellen told the U.S. Senate Banking...

  • Bill Shuster, R- Pa., said "transformational" change is needed because the FAA's air traffic modernization program is taking longer and costing more than anticipated. Both sides agree the delays and cost overruns have come partly because Congress has subjected the agency to shutdowns, furloughs and repeated short-term funding extensions.

  • WASHINGTON, Feb 11- The U.S. House of Representatives will vote on Friday on legislation broadening sanctions against North Korea that is expected to pass with overwhelming support, sending the measure to the White House for President Barack Obama to sign into law. Ben Rhodes, his deputy national security adviser, said the White House would review the measure...