×

Top News & Analysis Washington DC

  • WASHINGTON, Oct 11- The cost of sending a letter in the United States will go up by a penny next year, the cash-strapped U.S. Postal Service said on Thursday. The Postal Service will also offer a new, global Forever stamp starting next year, which customers can use to send letters anywhere in the world for a set price of $1.10.

  • NEW YORK-- Moody's Analytics' chief economist thinks the U.S. economy could revive next year and cause the pace of growth to roughly double from its current rate by 2014-- unless Washington runs right over the "fiscal cliff" next year. Zandi's brighter outlook for the next two years assumes Congress and the White House tackle "fiscal issues," he writes.

  • Vice President Joe Biden to deliver a feisty performance Thursday evening during a high-stakes debate against Republican challenger Paul Ryan and seize back momentum in the race for the White House.

  • NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.

  • WASHINGTON, Oct 11- As many as 14,000 people- more than previously thought- received possibly tainted steroid injections tied to a deadly U.S. meningitis outbreak and patients should watch for symptoms for several months, health officials said on Thursday.

  • The cash-strapped U.S. Postal Service said Thursday that it will raise postage rates on Jan. 27, including a 1- cent increase in the cost of first-class mail to 46 cents. Currently, the prices vary depending on the international destination, with letters to Canada and Mexico costing 85 cents.

  • *Deal could lead to Sprint buying Clearwire- analysts. *Sprint, Clearwire soar in afternoon trade; MetroPCS down. The Japanese company might also be aiming to use Sprint as a vehicle to make a run at smaller Sprint peer MetroPCS Communications Inc, a two-step transaction that would potentially cost more than 2 trillion yen, according to a Nikkei report.

  • WASHINGTON, Oct 11- The U.S. Commodity Futures Trading Commission may delay a rule set to take effect on Friday that would impact cleared energy swaps, according to a report by Bloomberg on Thursday.

  • WASHINGTON-- Declining applications for unemployment benefits have typically pointed to stronger hiring. Since the U.S. recession officially ended in June 2009, fewer layoffs have meant fewer people seeking unemployment aid.

  • WASHINGTON, Oct 11- Goldman Sachs Chief Executive Lloyd Blankfein on Thursday became the latest big-name business leader to pledge to pay a steeper tax rate- 5 percent more, he said- in exchange for a long-term bipartisan deal in Congress to keep the country from falling off the "fiscal cliff."

  • 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.

  • WASHINGTON, Oct 11- The New England Compounding Center, the pharmacy at the heart of a deadly meningitis outbreak, assured federal health officials that it was producing safe products, according to regulators, who said on Thursday that the firm appears to have violated its state licensing requirements.

  • 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.

  • WASHINGTON, Oct 11- U.S. health authorities said on Thursday that more people than previously thought received possibly tainted steroid injections and that some 14,000 patients could be at risk of contracting meningitis in an unprecedented outbreak of the disease.

  • WASHINGTON, Oct 11- Goldman Sachs Chief Executive Lloyd Blankfein on Thursday became the latest big-name business leader to pledge to pay a steeper tax rate- 5 percent more, he said- in exchange for a long-term bipartisan deal in Congress to keep the country from falling off the "fiscal cliff."

  • *U.S. said in September it had removed subsidies to Boeing. BRUSSELS, Oct 11- The European Union accused the United States on Thursday of ignoring a World Trade Organisation ruling to stop subsidies to planemaker Boeing Co and asked the Geneva- based body to investigate, prolonging the world's largest trade dispute.

  • WASHINGTON, Oct 11- A U.S. appeals court overturned a preliminary injunction on the sale of Samsung Electronics Co Ltd's Galaxy Nexus smartphone on Thursday, dealing a setback to Apple Inc in its battle against Google Inc's increasingly popular mobile software.

  • ----------------------------------------------------------0830/ 1230: The USDA issues weekly export sales. 0830/ 1230: The Labor Department releases the producer price index for September. 1400/ 1800: The Treasury Dept. issues budget statement for September.

  • BOISE, Idaho-- Foes of proposed education reforms in Idaho easily outraised those promoting the measures ahead of a Nov. 6 vote that will determine if the changes survive. The group Vote No on Propositions 1, 2, 3 added $1.3 million through Sept. 30, compared with just $164,857 for the group Yes for Education, according to the Idaho secretary of state's office.

  • SAN JOSE, Calif.-- A federal appeals court has sided with Samsung Electronics Corp. in one aspect of its ongoing patent dispute with Apple Inc.. The Washington, D.C.- based U.S. Court of Appeals for the Federal Circuit on Thursday overturned a judge's order blocking Samsung from selling its Galaxy Nexus smart phone pending a patent lawsuit by Apple.