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Top News & Analysis Washington DC

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  • WASHINGTON, Aug 3- In the weeks leading up to a critical annual U.S. report on human trafficking that publicly shames the world's worst offenders, human rights experts at the State Department concluded that trafficking conditions hadn't improved in Malaysia and Cuba. And in China, they found, things had grown worse. As a result, not only Malaysia, Cuba and China, but...

  • WASHINGTON— The Food and Drug Administration has approved the first prescription drug made through 3- D printing: a dissolvable tablet that treats seizures. Aprecia Pharmaceuticals said Monday the FDA approved its drug Spritam for adults and children who suffer from certain types of seizures caused by epilepsy. The FDA has previously approved medical...

  • WASHINGTON, Aug 3- U.S. factory activity slipped in July and consumer spending advanced at its slowest pace in four months in June, indicating that the economy had lost some momentum recently. "We expect growth momentum to re-accelerate over the next few months, providing the Fed with the necessary confidence they need to raise rates in September," said Millan...

  • UNITED NATIONS, Aug 3- United Nations Secretary-General Ban Ki- moon on Monday praised U.S. Obama's Clean Power Plan is a vital component of meeting a U.S. pledge on emissions cuts for the U.N. climate change summit in Paris in December. Obama's leadership on combating climate change was essential for encouraging other key countries to commit to securing a "...

  • HARTFORD, Conn.— Construction of a second track for the expanded rail line from New Haven to Springfield, Massachusetts, began Monday, and commuters will be bused along the route for the next year. The project will boost north-south rail transportation from six daily round-trip trains to 17 a day south of Hartford and 12 north of Hartford. It's also part of a broader...

  • WASHINGTON— U.S. construction spending increased in June by the smallest amount in five months as a big drop in nonresidential building activity offset a third straight increase in home building. Construction spending edged up a slight 0.1 percent in June following a 1.8 percent increase in May and a 3.8 percent rise in April, the Commerce Department said...

  • US manufacturing growth slows in July Monday, 3 Aug 2015 | 9:34 AM ET

    WASHINGTON— U.S. factories were a little less busy last month. The Institute for Supply Management's manufacturing index slipped to 52.7 last month from 53.5 in June. "There are a lot of things that are weighing on exports," said Bradley Holcomb, chair of ISM's manufacturing business survey committee.

  • US consumer spending edges up in June Monday, 3 Aug 2015 | 8:37 AM ET

    WASHINGTON— Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items. Consumer spending edged up 0.2 percent in June, the poorest showing since a similar increase in February, the Commerce Department reported Monday. "We still expect that a strengthening labor market will support...

  • WASHINGTON— US construction spending up 0.1 percent in June, smallest gain in 5 months; housing rises.

  • Ahead of the Bell: US consumer spending Monday, 3 Aug 2015 | 7:46 AM ET

    WASHINGTON— The Commerce Department releases its June report on consumer spending, which accounts for 70 percent of economic activity, at 8:30 a.m. Eastern on Monday. SALES UP: The expectation is that spending rose 0.2 percent, according to a survey of economists by data firm FactSet. SALES AND INCOME: In May, U.S. consumer spending surged 0.9 percent.

  • WASHINGTON— The Institute for Supply Management releases its July survey on U.S. manufacturing production, orders, hiring and other activity at 10 a.m. Eastern Monday. HOLDING STEADY: Economists forecast that the manufacturing index from the trade group of purchasing managers will come in at 53.5, unchanged from June, according to a survey by FactSet.

  • WASHINGTON— Celebrity chef Jose Andres has responded to a recent lawsuit filed by Donald Trump's organization against Andres' organization for backing out of a hotel project in Washington. WTOP-FM reports that Andres said in a statement that Trump's disparaging comments about Mexican immigrants no longer make it possible for Andres to run a planned...

  • Ahead of the Bell: US construction spending Monday, 3 Aug 2015 | 6:24 AM ET

    WASHINGTON— The Commerce Department reports on June U.S. construction spending at 10 a.m. Eastern on Monday. BUILDING UP: The expectation is that construction spending posted a solid gain of 0.6 percent, according to a survey of economists by data firm FactSet. BIG GAIN: In May, U.S. construction spending rose 0.8 percent, pushing total activity to a seasonally...

  • Experts aim to determine whether the part comes from the plane, which disappeared on March 8, 2014, en route from Kuala Lumpur to Beijing with 239 people on board. The fragment was found on the French Indian Ocean island of Reunion and returned to the French mainland last week. Before the part arrived in France, investigators had a high-degree of confidence that...

  • FP&L is the state's largest electric utility, and NextEra operates in 26 other states and Canada. Now, NextEra is opening its own coffers to support Right to Rise, the super PAC formed to help Bush's bid for the presidency. Kristy Campbell, a Bush campaign spokeswoman, denied any conflict of interest in Bush's relationship with NextEra.

  • WASHINGTON— Facing increased competition from within her own party, Hillary Rodham Clinton is spending $2 million airing the first television ads of her presidential race in the early voting states of Iowa and New Hampshire. "After law school she could have gone to a big firm but instead went to work for the Children's Defense Fund. In Arkansas, she fought for...

  • WASHINGTON— President Barack Obama is mandating even steeper greenhouse gas cuts from U.S. power plants than previously expected, while granting states more time and broader options to comply. The tweaks to Obama's unprecedented emissions limits on power plants, to be unveiled at the White House on Monday, aim to address a bevy of concerns raised by both...

  • WASHINGTON— A new Associated Press-GfK poll finds most Americans think of water as a limited resource that can be depleted if people use too much. When asked to rate priorities when water is scarce during a drought, more said agriculture should be a top or high priority over residential needs, wildlife and industry. Here is a look at some of the poll's key findings:.

  • WASHINGTON— It took Ted Cruz three months to raise $10 million for his campaign for president, a springtime sprint of $1,000- per-plate dinners, hundreds of handshakes and a stream of emails asking supporters to chip in a few bucks. New York hedge fund magnate Robert Mercer's $11 million gift to a group backing the Texas Republican's White House bid put him atop a...

  • WASHINGTON, Aug 2- President Barack Obama will unveil on Monday the final version of his plan to tackle greenhouse gases from coal-fired power plants, kicking off what is expected to be a tumultuous legal battle between federal environmental regulators and coal industry supporters. The White House said its revised Clean Power Plan will increase the required...