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Top News & Analysis Washington DC

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  • WASHINGTON— Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier. Last week the Communication Workers of America announced that 86 percent of Verizon workers covered by the contract voted to strike in a recent poll, if a new agreement isn't reached.

  • BOSTON, July 31- The U.S. Food and Drug Administration on Friday advised hospitals not to use Hospira Inc's Symbiq infusion system, saying a security vulnerability could allow cyber attackers to take remote control of the system. Both the FDA and DHS said they know of no cases where such an attack has been launched, but the FDA said in its advisory that it strongly...

  • Gravity Payments CEO Dan Price attends the Canoche Benefit for the RC22 Foundation on June 3, 2015 in Seattle.

    When Dan Price said he would set a minimum salary of $70K for his 120 employees, he didn’t foresee the turmoil it would cause, NYT reports.

  • WASHINGTON— Figures on government spending and debt.

  • WASHINGTON— Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for June, 10 a.m.. WASHINGTON— Commerce Department...

  • *Oil hit by bearish Reuters July survey on OPEC oil. *5 rigs added this week to U.S. oil rig count- Baker Hughes. NEW YORK, July 31- Oil prices fell on Friday, with U.S. crude looking set to post the largest monthly drop since the 2008 financial crisis after signs that top producers in the Middle East were continuing to pump at record levels despite a growing global gut.

  • WASHINGTON— The World Trade Organization says China broke global trade rules by failing to comply with an earlier WTO ruling and continuing to impose duties on specialty steel imports. The case dates back to 2010 when China imposed duties on a high-tech specialty steel used in power plants. Despite the ruling, China reintroduced duties on the steel in 2013. The...

  • The surprisingly smaller rise reported by the Labor Department on Friday did little to temper expectations that the Federal Reserve is set to raise interest rates later this year. This is precisely how the Fed will interpret this report, even if the numbers here are atrocious, "said Eric Green, chief economist at TD Securities in New York. The Employment Cost...

  • *Oil weighed by bearish Reuters July survey on OPEC oil. NEW YORK, July 31- Oil prices fell on Friday, with U.S. crude set to post the largest monthly drop since the 2008 financial crisis, after signs that top producers in the Middle East were continuing to pump at record levels despite a growing global gut. July's losses came on the back of a stock market tumble in top...

  • ALBANY, N.Y.— The five companies picked to grow and dispense medical marijuana in New York include one run by a Minnesota physician, three with dispensaries in other states and another with a personal connection to those the state's new program aims to help. Grow centers are planned for Queens, Orange, Monroe, Fulton and Warren counties. "We are ready to go," said...

  • WASHINGTON— U.S. consumer sentiment slipped this month but remains at healthy levels, the University of Michigan said Friday. But recent headlines about financial volatility in Greece and China may have left consumers with a less positive outlook after moderate increase last month. " On Tuesday, the Conference Board, a business research group, said its consumer...

  • WASHINGTON— U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans. The slowdown also likely reflects a sharp drop-off in bonus and incentive pay for some workers. The employment cost index rose just 0.2 percent in the April-June quarter after a 0.7 increase...

  • BEIJING, July 31- China's state oil giants are set to start pumping a combined 160,000 barrels a day at two projects in southwestern Iran from around October, company sources said, contributing to Tehran's plan to boost output ahead of sanctions being lifted. Chinese energy firms had earlier put on hold or slowed work on energy projects in Iran from late 2010,...

  • SEATTLE— Menu prices are up 21 percent and you don't have to tip at Ivar's Salmon House on Seattle's Lake Union after the restaurant decided to institute the city's $15- an-hour minimum wage two years ahead of schedule. Seattle's law, adopted last year after a strong push from labor and grass-roots activists, bumped the city's minimum wage to $11 an hour beginning...

  • PORTLAND, Ore., July 30- An icebreaking vessel key to Royal Dutch Shell's plans to drill for oil in the Arctic departed Portland, Oregon, late on Thursday, navigating between a narrow gap of environmental activists dangling from a bridge after a two-day human blockade. Several Greenpeace activists appeared to bow to orders from police to lower themselves into...

  • LONDON- Bank of England holds Monetary Policy Committee meeting. LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT.

  • NEW YORK— In one of his first forays into policy as a presidential candidate, Republican Donald Trump calls for the deportation of all 11 million people estimated to be living in the country illegally while allowing the "really good people" to return. Deporting them all "is impractical and is opposed by a large majority of Americans," said Clint Bolick, an Arizona...

  • WASHINGTON— A new list of donors to the Bill, Hillary and Chelsea Clinton Foundation shows a marked surge in donations and the numbers of contributors to the family charity in the first half of this year— at the same time that Hillary Rodham Clinton ramped up her campaign for the presidency. Clinton Foundation officials said figures released Thursday show that...

  • Figures on government spending and debt Thursday, 30 Jul 2015 | 4:13 PM ET

    WASHINGTON— Figures on government spending and debt.

  • SILVER SPRING, Md.— Hillary Rodham Clinton on Thursday offered some support for a proposal in the Senate that would raise the federal minimum wage to $12 an hour, hinting that the higher rate sought by labor unions doesn't have enough support. Patty Murray that would increase the rate to $12 an hour by 2020, which is several dollars less than the $15 backed by labor...