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Top News & Analysis Washington DC

  • Oct 12- U.S. Labor Department monthly producer price index:.

  • WASHINGTON, Oct 12- U.S. producer prices rose more than expected in September as the cost of energy surged, a government report showed on Friday, but underlying inflation pressures were muted. The Labor Department said its seasonally adjusted Producer Price Index increased 1.1 percent last month.

  • WASHINGTON-- Japan said Thursday its security alliance with the U.S. is an important deterrent against conflict breaking out between China and Japan over disputed islands. Japan's ambassador to Washington Ichiro Fujisaki said that he trusts the leaders of China and Japan will avoid a war.

  • Outside groups have spent about $60 million trying to help GOP candidates since June 1 and about $49 million trying to help out Democratic candidates, according the Sunlight Foundation.

  • The Treasury Department formally designated MS-13, or Mara Salvatrucha, a transnational criminal organization.

  • LOS ANGELES, Oct 12- The retired space shuttle Endeavour set off on Friday for a road trip unlike any of its previous journeys, one in which it will crawl through the streets of Los Angeles instead of hurtling through space.

  • WASHINGTON-- The end of the 2012 federal budget year is expected to produce the fourth straight annual deficit above $1 trillion. The Congressional Budget Office has estimated that the deficit totaled $1.1 trillion for the 12 months that ended Sept. 30.

  • WASHINGTON-- More expensive gas likely drove overall wholesale prices higher in September. But excluding that surge, inflation likely stayed tame. The Labor Department will release the report at 8:30 a.m. EDT Friday.

  • LOS ANGELES, Oct 12- The retired space shuttle Endeavour sets off on Friday for a road trip unlike any of its previous journeys, one that will see it crawl through the streets of Los Angeles instead of hurtling through the solitary reaches of space.

  • Just hours later, Defense Secretary Leon Panetta said the cyberthreat from Iran has grown, and he declared that the Pentagon is prepared to take action if American is threatened by a computer-based assault.

  • Vice President Joe Biden and his Republican rival, Paul Ryan, faced off on Thursday in their only debate before the Nov. 6 presidential election. Here is some fact-checking of claims made by the candidates. RYAN: ECONOMIC GROWTH IS SLOWER NOW.

  • President Barack Obama has called for keeping tax rates the same for families making less than $250,000 annually and raising them for those above that level.

  • LOS ANGELES, Oct 12- The retired space shuttle Endeavour set off on Friday for a trip unlike any of its previous journeys, one in which it will crawl through the streets of Los Angeles instead of hurtling through space.

  • WASHINGTON, Oct 11- The "Shamoon" virus that attacked Saudi Arabia's state oil company, ARAMCO, was probably the most destructive attack the business s e ctor has seen to date, U.S. Defense Secretary Leon Panetta said on Thursday.

  • WASHINGTON, Oct 11- The U.S. military could act pre-emptively if it detects an imminent threat of cyber attack, U.S. Defense Secretary Leon Panetta said on Thursday, urging stronger action to bolster America's defenses against such plots. He said a presidential executive order was being considered "while we wait for Congress to act."

  • *Minnesota woman sues pharmacy in federal court. WASHINGTON/ BOSTON, Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal investigation, as the national death toll climbed to 14..

  • *Europe wants more focus on U.S. fiscal woes* Germany: Europe is not the source of all problems* Mixed reviews on IMF call for slower budget cuts. TOKYO, Oct 12- Greece, Spain and the euro zone's slow progress toward debt reform took centre stage at IMF meetings on Friday despite Europe's best effort to remove itself from the spotlight.

  • WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.

  • LOS ANGELES, Oct 11- The retired space shuttle Endeavour was getting set on Thursday for a road trip unlike any of its previous journeys, one that will see it crawl through the streets of Los Angeles instead of hurtling through the solitary reaches of space.

  • By David Morgan and Tim McLaughlin. WASHINGTON/ BOSTON Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal probe, as the national death toll climbed to 14..