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Top News & Analysis Washington DC

  • NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 38 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.

  • WASHINGTON, Oct 26- U.S. economic growth picked up in the third quarter as a late burst in consumer spending offset the first cutbacks in investment in more than a year by cautious businesses. Gross domestic product expanded at a 2 percent annual rate, the Commerce Department said on Friday, accelerating from the second quarter's 1.3 percent pace.

  • WASHINGTON, Oct 26- U.S. economic growth picked up in the third quarter as a late burst in consumer spending offset the first cutbacks in investment in more than a year by cautious businesses. Gross domestic product expanded at a 2 percent annual rate, the Commerce Department said on Friday, accelerating from the second quarter's 1.3 percent pace.

  • WASHINGTON-- A survey shows consumer confidence rose this month to the highest level in five years, an encouraging sign for the still-weak economy. The University of Michigan's final index of October consumer sentiment rose to 82.6 from 78.3 in September. That's the highest since September 2007 _ three months before the Great Recession began.

  • WASHINGTON-- The Food and Drug Administration on Friday approved Teva Pharmaceutical's drug Synribo to treat patients with a type of blood and bone marrow cancer. An estimated 5,430 people will be diagnosed with the cancer this year, according to the National Institutes of Health.

  • LONDON, Oct 26- World shares and commodities fell as lacklustre corporate earnings reports undermined investor confidence before the release of American growth data due out later on Friday.

  • WASHINGTON, Oct 26- The Federal Reserve's latest stimulus will not boost economic growth without creating unwanted inflation, said Jeffrey Lacker, president of the Richmond Fed and lone dissenter on the central bank's policy committee.

  • DEFIANCE, Ohio-- Mitt Romney is trying to close the deal with voters by focusing on their economic concerns, an area where polling shows the Republican nominee has an edge heading into the final days of the campaign.

  • NASSAU, Bahamas-- Hurricane Sandy raged through the Bahamas early Friday after leaving 29 people dead across the Caribbean, following a path that could see it blend with a winter storm to hit the U.S. East Coast with a super-storm next week.

  • BEIJING-- Chinese lawmakers stripped disgraced politician Bo Xilai of his last official position Friday, formally expelling him from the country's top legislature and clearing the way for criminal proceedings against the once-rising political star.

  • WASHINGTON-- President Barack Obama carried the nation's capital in 2008 with 92 percent of the vote, and some local activists hoped he would push to give the District of Columbia representation in Congress and more autonomy in local affairs. Even Obama's staunchest local defenders are upset he's not more vocal on issues important to them.

  • ST. PETERSBURG, Fla.-- Drivers listening to adult contemporary radio along Interstate 4 in central Florida are hearing ads like this: " President Obama raised taxes on Florida's small businesses, and his defense cuts will weaken our military and put thousands more Florida families out of work.

  • WASHINGTON-- The pre- Halloween hybrid weather monster that federal forecasters call "Frankenstorm" is looking more ominous by the hour for the East Coast, and utilities and local governments are getting ready. The stage is set as Hurricane Sandy, having blown through Haiti and Cuba, continues to barrel north.

  • WASHINGTON-- The U.S. economy grew at a slightly faster 2 percent annual rate from July through September, buoyed by more spending by consumers and the federal government. The report Friday from the Commerce Department is the last broad snapshot of the economy before Americans choose a president in 11 days.

  • LONDON, Oct 26- European share markets followed Asian stocks lower as lacklustre corporate earnings reports undermined investor confidence ahead of American growth data due later on Friday.

  • RIO DE JANEIRO-- A political corruption trial seen as a turning point toward cleaner governance in Brazil is nearing its end, with the country's Supreme Court starting to hand down tough sentences this week against powerful defendants. The trial has riveted Brazil for months, with results that have tarnished the reputation of the governing Workers' Party.

  • NEW YORK-- Stock futures were mixed but recovered from sharp declines Friday after the government reported that economic growth during the third quarter was slightly better than expected thanks in part to stronger consumer spending. The Commerce Department reported that the economy expanded at 2 percent annual rate from July through September.

  • WASHINGTON-- The U.S. economy grew at a slightly faster 2 percent annual rate from July through September, buoyed by more spending by consumers and the federal government. Growth accelerated from the 1.3 percent rate in the April-June quarter, the Commerce Department said Friday.

  • WASHINGTON-- The black mold creeping into the spines of hundreds of people who got tainted shots for back pain marks uncharted medical territory. Arjun Srinivasan of the Centers for Disease Control and Prevention. Arturo Casadevall, a fungal disease specialist at New York's Albert Einstein College of Medicine.

  • NEW YORK-- Stock futures are falling sharply before the government provides a peek at U.S. economic growth over the past three months. There are also signs of unease in China, with evidence of a massive flow of money out of the country before a government power shift.