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Top News & Analysis Washington DC

  • COLUMBUS, Ohio— Governors in several states that opted to expand Medicaid under former President Barack Obama's health care law are wary of the Senate Republican plan to end the added federal funding for it within seven years. The proposal released Thursday calls for a slower phase-out of the Medicaid expansion than a bill adopted earlier by the House.

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • Flooding and road closures stretched from east Texas into northwestern Florida after Cindy made landfall early on Thursday near the Louisiana- Texas border and weakened to a tropical depression, the National Weather Service said. At least two tornadoes were reported near Birmingham, Alabama, destroying several buildings and injuring at least four people,...

  • MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trade, and up 0.4 percent for the week. "We're getting close to the end of the month, and fundamentals aside, there will be people selling dollars, so it will be easy for the yen to strengthen next week," said Mitsuo Imaizumi, Tokyo- based chief foreign exchange strategist for Daiwa Securities.

  • BRUSSELS- European Central Bank President Mario Draghi participates in the European Council Meeting in Brussels, Belgium. NASHVILLE, Tennessee- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the Illinois Bankers Association 126th Annual Conference- 1515 GMT.

  • BRUSSELS- European Central Bank President Mario Draghi participates in the European Council Meeting in Brussels, Belgium. NASHVILLE, Tennessee- Federal Reserve Bank of St. Louis President James Bullard gives presentation on the U.S. economy and monetary policy before the Illinois Bankers Association 126th Annual Conference- 1515 GMT.

  • *Anxiety that India has lost diplomatic ground. *India pushing to buy surveillance drones from U.S. Trump met Chinese President Xi Jinping in April and has also had face time with the leaders of nations including Japan, Britain and Vietnam since taking office in January, prompting anxiety in New Delhi that India is no longer a priority in Washington.

  • WASHINGTON/ NEW YORK, June 22- The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thursday. Wall Street analysts and trade groups quickly cheered the results on Thursday, saying regulators...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • WASHINGTON/ NEW YORK, June 22- The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thursday. "This year's results show that, even during a severe recession, our large banks would remain well...

  • The rules, issued on the one-year anniversary of the law's signature by President Barack Obama, set standards for how the EPA will identify and evaluate high-priority chemicals and impose reporting requirements for industry. The EPA said last year it will review such common chemicals as asbestos and trichloroethylene that for decades have been known to...

  • Donald Trump speaking from the White House on June 20, 2017.

    Americans now say by 50%-42% they want Democrats to control Congress after the 2018 mid-term elections, according to a new NBC/WSJ poll.

  • WASHINGTON— All of the 34 largest U.S. banks are fortified enough to withstand a severe U.S. and global recession and continue lending, the Federal Reserve said Thursday. The banks undergoing the seventh annual check-up included JPMorgan Chase& Co., Bank of America Corp., Citigroup Inc. and Wells Fargo and Co.— the four biggest U.S. banks by assets.

  • For those who believe the government is too involved in health care, the Senate bill stands as an overdue course correction. How the Senate bill compares to the House bill and to the Affordable Care Act that Democrat Barack Obama signed into law seven years ago:. Obama law: States have the option to expand Medicaid to cover more low-income adults.

  • WASHINGTON/ NEW YORK, June 22- The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thursday. Although the banks, including household names like JPMorgan Chase& Co and Bank of America Corp, would...

  • WASHINGTON— Senate Republicans' new health bill cuts taxes by nearly $1 trillion over the next decade, mostly for corporations and the richest families in America. It uses a budget gimmick to comply with Senate rules against adding to the federal government's long-term debt. And in a Facebook post, Obama said: "The Senate bill, unveiled today, is not a health care...

  • Companies signed up for $7.7 billion in new loans, leases and lines of credit in May, according to the Equipment Leasing and Finance Association. Washington- based ELFA, a trade body that reports economic activity for the $1 trillion equipment finance sector, said credit approvals totaled 77 percent in May, up from 75.9 percent in April. It is designed to...

  • *Qatar Airways interested to buy 10 pct of American Airlines. *Qatar Airways says it will first buy 4.75 pct. The move by Qatar Airways to buy a stake in American would expand the Gulf carrier's investments into North America against a turbulent diplomatic and global competitive backdrop.

  • Bruce Broussard, CEO, Humana

    Humana will not return to the individual insurance market after it exits the Obamacare exchanges this year.

  • The American Academy of Pediatrics says the bill would hurt children by scaling back Medicaid. America's Essential Hospitals says the version the Senate released Thursday might lead to hospitals reducing services or closing. The American Medical Association is still reviewing the plan, but says it strongly opposes limits on Medicaid spending.