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Sales slide in August while price pressures abate

WASHINGTON - The largest drop in wholesale prices in nearly two years in August failed to spur consumers to spend more at the shopping malls, raising new worries about a possible recession as the temporary boost from tax rebate checks becomes a distant memory.

September 27, 2008 | By MARTIN CRUTSINGER Associated Press Writer | Washington


US says Venezuelans aided drug traffickers

WASHINGTON - The United States on Friday accused three members of Venezuelan President Hugo Chavez's inner circle of aiding Colombian rebels by supplying arms and helping drug traffickers. Washington also expelled Chavez's ambassador as a diplomatic clash intensified.

September 27, 2008 | By FOSTER KLUG and IAN JAMES Associated Press Writer | Washington


Advisers: Consolidate Air Force nuke command

WASHINGTON - A Pentagon advisory group condemned the Air Force for a dramatic deterioration in managing the nation's nuclear arsenal, and recommended Friday that it consolidate nuclear responsibilities under one command.

September 27, 2008 | By LOLITA C. BALDOR Associated Press Writer | Washington


Trade deficit surged to 16-month high in July

WASHINGTON - America's trade deficit shot up in July to the highest level in 16 months as oil imports hit an all-time high, offsetting strong export growth. The deficit with China climbed to the second highest level on record.

September 26, 2008 | By MARTIN CRUTSINGER AP Economics Writer | Washington


North Korea has second long-range missile site

WASHINGTON - North Korea has quietly built a long-range missile base that is larger and more capable than an older and well-known launch pad for intercontinental ballistic missiles, according to independent analysts relying on new satellite images of the site and other data. Analysts provided images of the previously secret site to The Associated Press.

September 25, 2008 | By PAMELA HESS Associated Press Writer | Washington


Rangel admits mistakes, $5,000 bill to Uncle Sam

WASHINGTON - The head of the House tax-writing committee acknowledged Wednesday that he owes about $5,000 to the Internal Revenue Service for failing to report income on his returns.

September 25, 2008 | By DEVLIN BARRETT Associated Press Writer | Washington


Study links oil prices to investor speculation

WASHINGTON - Speculation by large investors - and not supply and demand for oil - were a primary reason for the surge in oil prices during the first half of the year and the more recent price declines, an independent study concluded Wednesday.

September 25, 2008 | By H. JOSEF HEBERT Associated Press Writer | Washington


New papers show secret concerns about Chile in ’70

WASHINGTON - Senior officials in the Nixon administration discussed a desire to stop the newly elected government of leftist Chilean President Salvador Allende from taking power in 1970, according to recently declassified transcripts of those conversations made public Wednesday.

September 25, 2008 | By PETE YOST Associated Press Writer | Washington


States lobbying Congress for Medicaid relief

WASHINGTON - It's a one-two punch for many states. First, comes the expense of adding thousands of unemployed to its Medicaid rolls. Then comes the decline in revenue that stems from a struggling economy. Together, the combination has dozens of states looking for some relief, preferably from the federal government.

September 25, 2008 | By KEVIN FREKING Associated Press Writer | Washington


US officials think Kim Jong Il may be ill

WASHINGTON - Western officials say there are signs that North Korea's unpredictable dictator may be gravely ill, after the man North Koreans call the ''Dear Leader'' apparently failed to show up at an important national celebration Tuesday.

September 24, 2008 | By PAMELA HESS and MATTHEW LEE Associated Press Writer | Washington


Fed auctions another $25 billion in loans to banks

WASHINGTON - The Federal Reserve has auctioned another $25 billion in loans to squeezed banks to help them overcome credit problems.

September 24, 2008 | By JEANNINE AVERSA Associated Press Writer | Washington


Budget deficit nears record under latest estimates

WASHINGTON - The federal government will run a near-record deficit of $407 billion for the budget year ending Sept. 30, according to the latest Capitol Hill estimates.

September 24, 2008 | By ANDREW TAYLOR Associated Press Writer | Washington


House panel knocks VA over destroyed lab specimens

WASHINGTON - Lawmakers on Tuesday castigated Veterans Administration health officials for ordering the destruction of biomedical specimens on Legionnaires' disease and other infectious diseases that two prominent researchers had collected over a quarter-century.

September 24, 2008 | By JIM ABRAMS Associated Press Writer | Washington


Bush keeping Iraq troop levels mostly steady

WASHINGTON - President Bush announced Tuesday that he will keep the U.S. force strength in Iraq largely intact until the next president takes over, drawing rebukes from Democrats who want the war ended and a bigger boost of troops in troubled Afghanistan.

September 24, 2008 | By BEN FELLER Associated Press Writer | Washington


US reviewing military aid to Georgia

WASHINGTON - A senior U.S. official said Tuesday that the United States is reviewing how to help Georgia rebuild its military after it was pulverized by Russia.

September 24, 2008 | By DESMOND BUTLER Associated Press Writer | Washington


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