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Top News & Analysis Washington DC

  • WASHINGTON— House Republicans plan a retreat away from the Capitol next week to discuss a tax overhaul that congressional leaders have been working on for month. The retreat is set for Wednesday, but Republicans aren't disclosing details. GOP leaders have promised to publicly release outlines of their tax plan in the coming week.

  • A group that represents state officials who administer Medicaid programs is telling Senate Republicans to slow down and rethink their latest health care bill. The group wants Congress to revisit Medicaid changes. A study finds the latest GOP effort to end "Obamacare" would take federal dollars away from states that expanded Medicaid under the Affordable...

  • MOSCOW, Sept 20- At least eight North Korean ships that left Russia with a cargo of fuel this year headed for their homeland despite declaring other destinations, a ploy that U.S. officials say is often used to undermine sanctions. Changing a ship's destination once underway is not forbidden and it is unclear whether any of the ships unloaded fuel in North Korea.

  • WASHINGTON— Long-term mortgage rates rose this week, lifting the 30- year fixed mortgage from the lowest levels of 2017.. Mortgage buyer Freddie Mac said Thursday the 30- year fixed mortgage rate was 3.83 percent, up from 3.78 percent last week and above last year's average of 3.65 percent. To calculate average mortgage rates, Freddie Mac surveys lenders across...

  • NEW YORK— President Donald Trump added economic action to his fiery military threats against North Korea on Thursday, authorizing stiffer new sanctions in response to the Koreans' nuclear weapons advances. The exchange of super-heated rhetoric and unusually personal abuse between the adversaries will escalate tensions that have been mounting as North...

  • WASHINGTON, Sept 21- Wells Fargo Chief Executive Tim Sloan is due to testify before the Senate Banking Committee on Oct. 3, sources familiar with the scheduled meeting said. Senator Elizabeth Warren in a CNBC interview on Tuesday again urged the Federal Reserve to hold Wells' board accountable following the fresh disclosure. Sloan's predecessor John Stumpf had...

  • The SEC, the federal agency responsible for protecting investors and ensuring markets function properly, is under fire after disclosing the hack of its electronic network that whisks company news and data to investors. Experts question the length of time taken to disclose the breach, and why the SEC isn't meeting the same security standards it demands of...

  • THE NUMBERS: The Labor Department said Thursday that the less-volatile four-week average rose by 6,000 to 268,750. Overall, nearly 2 million Americans are collecting jobless aid, down almost 6 percent from a year ago. THE TAKEAWAY: In early September, jobless claims shot up by the most in five years as Harvey battered Texas. But last week claims in Texas fell 45...

  • *Move may cause troubles with Washington, other rich nations. BRUSSELS, Sept 21- The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the United States and other rich nations, in a move that could spark a new transatlantic dispute. To prevent some smaller EU economies such as...

  • Special counsel Robert Mueller's team of investigators is seeking information from the White House related to Michael Flynn's stint as national security adviser and about the response to a meeting with a Russian lawyer that was attended by President Donald Trump's oldest son, The Associated Press has learned. Mueller's office has requested a large batch...

  • LONDON, Sept 21- Germany's election on Sunday is at once the most mundane political event of the year for markets and a defining moment that could shape Europe's future for a generation. Angela Merkel is widely expected to be re-elected chancellor and Wolfgang Schaeuble is set to remain as finance minister, retaining their posts as two of the most powerful and...

  • Sept 21- Toys "R" Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator. Toys "R" Us has the largest need to hire in the New York City area, followed by Los Angeles and then Groveport, Ohio, at a DHL warehouse it...

  • In the two months since Senate Republicans lost their initial attempt to scuttle President Barack Obama's statute, there's fresh evidence GOP voters are adamant that the party achieve its long-promised goal of dismantling that law. This includes conservative firebrand Roy Moore forcing a GOP primary runoff against Sen. Charles Grassley, R- Iowa, told Iowa...

  • *Trump says has made up his mind on Iran deal, but won't say how. *Iran says it will not be first to violate agreement. UNITED NATIONS, Sept 20- The United States said on Wednesday it is weighing whether the Iranian nuclear deal serves its security interests even as Iran said it did not expect Washington to abandon the agreement.

  • BEIJING, Sept 21- China hit back on Thursday at recent criticism from the United States about its trade practices, saying some countries' unilateralism is an unprecedented challenge to global trade. Ministry of Commerce spokesman Gao Feng also said that foreign and domestic firms are treated equally in China and that foreign firms should not have concerns...

  • WASHINGTON— Special counsel Robert Mueller's team of investigators is seeking information from the White House related to Michael Flynn's stint as national security adviser and about the response to a meeting with a Russian lawyer that was attended by President Donald Trump's oldest son, The Associated Press has learned. Investigators also are...

  • WASHINGTON— The Latest on President Donald Trump and the Russia probe:. Special counsel Robert Mueller's team of investigators is seeking information from the White House related to Michael Flynn's stint as national security adviser and about the response to a meeting with a Russian lawyer that was attended by President Donald Trump's oldest son, The...

  • SAN FRANCISCO, Sept 20- A move by the Trump administration to make it simpler to sell small arms abroad may provide some relief to gun makers American Outdoor Brands and Sturm Ruger& Company in an industry grappling with a deep sales slump since the election of President Donald Trump. The expected relaxing of rules could increase foreign gun sales by as much as 20...

  • *Trump says has made up his mind on Iran deal, but won't say how. *Iran says it will not be first to violate agreement. UNITED NATIONS, Sept 20- The United States said on Wednesday it is weighing whether the Iranian nuclear deal serves its security interests even as Iran said it did not expect Washington to abandon the agreement.

  • *Trump says has made up his mind on Iran deal, but won't say how. *Iran says it will not be first to violate agreement. UNITED NATIONS, Sept 20- Iran said on Wednesday it did not expect the United States to abandon the Iranian nuclear deal as U.S. officials sent mixed signals on what they plan to do about the international accord.