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Top News & Analysis Washington DC

  • Oct 12- CVS Caremark Corp said on Friday it has not been contacted by the U.S. government regarding alleged claims the drugstore chain refilled prescriptions and sought reimbursement for them without the approval of patients.

  • WHAT: Federal Reserve Bank of New York Empire State Manufacturing Survey index, October. And so we look for the first manufacturing surveys of October to continue showing softness, with the New York Fed's Empire State Manufacturing index on Monday moving up from -10.41 to about -6.00.

  • 0830/ 1230: The National Oilseed Processors Association issues monthly Soybean Crushings. 1100/ 1500: The USDA releases weekly U.S. export inspections for grains, oilseeds. 1600/ 2000: The USDA issues weekly Crop Progress report.---------------------------------------------------------- DIARY- Federal Reserve Events U.S.

  • WASHINGTON-- With the outcome of next month's presidential election increasingly hazy, here's a shred of clarity that investors can cling to: The tax rates they pay on investment income like stock profits and dividends are almost certain to change.

  • NEW YORK/ WASHINGTON, Oct 12- U.S. regulators brought last-minute relief to CME Group Inc and big energy traders on Friday, delaying new rules on tallying certain kinds of commodity swap trades until the year-end.

  • WASHINGTON, Oct 12- A U.S. House of Representatives committee on Friday called on the Massachusetts state pharmacy regulator to provide information about its oversight of the company at the center of a deadly outbreak of fungal meningitis.

  • WASHINGTON, Oct 12- The United States reported a budget surplus for the final month of the 2012 fiscal year, but the tiny bump in revenues did not prevent the country's deficit from exceeding $1 trillion for the fourth year in a row.

  • WASHINGTON-- The federal budget deficit has topped $1 trillion for a fourth straight year. The Treasury Department said Friday that the deficit for the 2012 budget year totaled $1.1 trillion.

  • They fault President Barack Obama and his Environmental Protection Agency for new clean air rules they deride as a devastating blow to a multibillion-dollar industry that has been the lifeblood of Appalachia for generations.

  • But this isn't the first time Congress has pushed for more authority over the industry. And with a gridlocked Congress at its most unproductive in decades, experts don't expect to see new laws passed anytime soon.

  • BRUSSELS, Oct 12- The European Union provisionally approved new economic sanctions against Iran over its nuclear programme on Friday, with senior diplomats giving their backing to measures against Tehran's banking sector, industry and shipping.

  • *JPMorgan's Dimon: housing has turned a corner. NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose to its highest in five years in October in the latest in a string of encouraging signs from the economy that may boost President Barack Obama's re-election hopes next month.

  • TOKYO, Oct 13- British finance minister George Osborne on Saturday blamed an effective German veto for the failure of a $45 billion merger between British defence firm BAE.

  • WASHINGTON-- Fierce and focused, Vice President Joe Biden and Republican Paul Ryan gave voters the kind of substantive showdown that was everything the presidential debate was not. "Not a single thing he said is accurate," Biden shot back when Ryan leveled a charge that President Barack Obama was projecting U.S. weakness.

  • Max Baucus and Jon Tester said residents of Libby have grown frustrated waiting for a pending risk study to be completed. The company mined asbestos-containing vermiculite in Libby for decades. They blasted Grace for weighing in against the EPA proposal and alleged company officials had "traded profits for lives" in Libby.

  • OLYMPIA, Wash.-- The group fighting to overturn Washington's gay marriage law started running its first TV ads in the state on Thursday. Referendum 74 asks voters to either approve or reject the state's gay marriage law that was passed by the Legislature and signed by Gov.

  • AUSTIN, Texas-- Lance Armstrong can never ride again in the world's top cycling races. His cancer-fighting foundation, however, plans to plunge ahead, despite the sanctions laid on Armstrong by the U.S. Anti-Doping Agency and its blistering report that portrays the cyclist as cheating his way through seven Tour de France victories.

  • WASHINGTON-- Republican vice presidential candidate Paul Ryan, a fiscal conservative and critic of federal handouts, has sought for his constituents in Wisconsin an expansion of food stamps, stimulus money, federally guaranteed business loans, grants to invest in green technology and money under President Barack Obama's health care reform law.

  • WASHINGTON-- Anyone who paid attention to a hearing in Congress this week knew that the administration had been implored to beef up security at the U.S. Consulate in Libya before the deadly terrorist attack there. But in the vice presidential debate Thursday night, Joe Biden seemed unaware.

  • *Wholesale prices rise 1.1 percent in September* Core producer prices flat, lowest since October 2011. WASHINGTON, Oct 12- U.S. producer prices rose more than expected in September as the cost of gasoline surged, but underlying inflation pressures were muted in a sign the U.S.