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Top News & Analysis Washington DC

  • U.S. Secretary of State Rex Tillerson holds a press briefing at the State Department in Washington, U.S., August 22, 2017.

    U.S. Secretary of State Rex Tillerson on Tuesday welcomed what he called the restraint North Korea has shown recently.

  • Aug 22- Energy Transfer Partners LP on Tuesday filed a lawsuit against Greenpeace and other environmental groups, accusing them of launching an "eco-terrorism" campaign aimed at blocking the Dakota Access Pipeline, the center of months of opposition by Native American and green groups. The pipeline operator alleged that Greenpeace, Earth First and other...

  • CARACAS/ BOGOTA, Aug 22- Relations between Caracas and Washington are at their lowest point ever, Venezuela's President Nicolas Maduro said on Tuesday in a speech at the presidential palace for international media that was televised to the nation. "Unfortunately we are in the worst moment of the relationship with the government of the United States," said Maduro.

  • WASHINGTON, Aug 22- The United States on Tuesday imposed new North Korea- related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, but stopped short of an anticipated focus on Chinese banks. The move follows toughened United Nations sanctions agreed this month after North Korea tested its first two...

  • CARACAS/ BOGOTA, Aug 22- Relations between Caracas and Washington are at their lowest point ever, Venezuela's President Nicolas Maduro said on Tuesday in a speech at the presidential palace for international media that was televised to the nation. President Donald Trump should be respectful of each other and that relations between Venezuela and the United...

  • WASHINGTON— A Washington appeals court says federal energy regulators fell short in evaluating the environmental impact of a natural gas pipeline that's carrying gas through Alabama, Georgia and Florida. The U.S. Court of Appeals for the District of Columbia Circuit on Tuesday agreed with the Sierra Club in ruling that officials needed more detail in their...

  • BISMARCK, N.D.— The company that built the disputed Dakota Access oil pipeline filed a lawsuit against Greenpeace and other groups on Tuesday, alleging that they disseminated false and misleading information about the project and interfered with its construction. In its lawsuit, which was filed in federal court in North Dakota, Texas- based Energy Transfer...

  • *Chairman of FDIC warns of risks ahead amid rate rises. WASHINGTON, Aug 22- U.S. banks kept a lid on costs and booked higher interest income in the second quarter, boosting profits by 10.7 percent on the year-ago period, the Federal Deposit Insurance Corporation said on Tuesday. The $48.3 billion in profits during the second quarter indicate the U.S. banking sector...

  • SEOUL, Aug 22- South Korean and U.S. officials failed to agree on Tuesday on how to move forward on discussions over their five-year-old free trade agreement that Washington is seeking to change to help cut its trade deficit with Asia's fourth-largest economy. Trade Representative Robert Lighthizer, South Korean Trade Minister Kim Hyun- chong and the trade...

  • WASHINGTON, Aug 22- The United States should "immediately correct its mistake" of imposing unilateral sanctions on Chinese companies and individuals to avoid damaging bilateral cooperation, a Chinese embassy spokesman said on Tuesday. Washington announced new North Korea- related sanctions on Tuesday, targeting Chinese and Russian firms and individuals...

  • There is one big silver lining that comes with Trump's troubles: Tax cut odds may be going UP

    After a week of turmoil in Washington, a number of analysts see better odds for tax legislation.

  • WASHINGTON, Aug 22- The United States is imposing new North Korea- related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, U.S. officials announced on Tuesday, but stopped short of an anticipated focus on Chinese banks. The steps also targeted those helping North Korea send workers abroad and...

  • *Germany's investor confidence index falls. NEW YORK, Aug 22- The dollar rallied on Tuesday after falling for two straight days, benefiting from the euro's decline following weaker-than-expected euro zone data as well as investors adjusting positions ahead of a global central bankers' conference later this week. Caution and position-squaring ahead of the...

  • WASHINGTON— President Donald Trump's road to getting legislation through Congress this year to restore the nation's crumbling infrastructure appears increasingly precarious. Administration officials have said a plan will be released in the third quarter of this year, but Congress is unlikely to tackle the issue right away. Even if Congress moves on to...

  • *Dollar bounces back ahead of Fed's Jackson Hole meeting. London copper rose to a three-year high, zinc held close to its highest in a decade and nickel reached a 2017 high as mostly technical signals prompted speculators and funds to pour more cash into base metals. "There's nothing really fundamental to drive things onwards from here, so I think it's a bit of...

  • WASHINGTON— It was dragons vs. zombies in fiery combat during this week's "Game of Thrones," a battle that likely provides just a hint of what lies ahead in HBO's hit series. The Associated Press' economics team explores this question, as well as the growing rivalry between sisters Sansa and Arya Stark, in the latest episode of our audio series, "The Wealth of Westeros."

  • NEW YORK— Stocks around the world jumped on Tuesday, and the Standard& Poor's 500 had one of its best days of the year, as markets put a shaky last couple of weeks further behind them. Those two weeks were a jolt for markets, as worries rose about political strife in Washington and abroad. He pointed in part to increased optimism that Washington will avoid a default on...

  • *Jackson Hole conference watched for monetary policy clues. Yields fell to almost two-month lows on Friday as political discord in Washington sparked safety buying and on continuing concern about tensions between the United States and North Korea. I think its a pattern of consolidation weve been falling into, said Aaron Kohli, an interest rate strategist at...

  • WASHINGTON— It was a glam shot that got ugly. The drama began Monday when Linton posted a photo of herself getting off a government plane in Kentucky with Mnuchin. Commenter Jenni Miller responded from Oregon: "Glad we could pay for your little getaway.# deplorable."

  • SEOUL, South Korea— South Korea's top trade negotiator said Tuesday that Seoul will not discuss renegotiation of the free trade agreement with the U.S. without first looking into what is really causing the U.S. trade imbalance. Speaking after a video conference with U.S. trade representative Robert Lighthizer, South Korean Trade Minister Kim Hyung- chong said...