Record U.S. trade deficit hits 37.6 billion in May
May goods and services imports surged 1.8 percent to 118.3 billion as demand for foreign cars, TVs, clothing climbed. Exports rose 0.7 percent to 80.6 billion. May imports in autos and consumer goods set monthly records, while a weaker dollar could boost exports later.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Joel Naroff
Naroff Economic Advisors
Federal Reserve
Wall Street
Labor Department
Tim O'Neill
Bank of Montreal
United States
David Hueter
National Association of Manufacturers
Maury Harris
UBS Warburg
America
International Spy Museum opens doors in Washington
The International Spy Museum debuts as the world’s largest espionage artifact collection in Washington DC. Milton Maltz spearheaded the project seven years ago with former FBI CIA and KGB members shaping exhibits including a Berlin tunnel spy school and the KGB lipstick pistol while Mayor Williams unveiled it amid featured stunts. The museum aims for 500000 visitors in year one.
MENTIONED IN THIS ARTICLE
Washington
Tom Cruise
International Spy Museum
Washington, D.C
Anthony A. Williams
National Security Agency
Milton Maltz
Maltz
FBI
CIA
KGB
Peter Earnest
Berlin
Mickey Kraus
Cleveland
Jamie Wood
Faemons Rei
Rex Brody
Orange County
Calif
James Bond
Powell seeks dialogue to end Spain Morocco island dispute
Secretary of State Colin Powell works to end the Spain Morocco standoff over a tiny Mediterranean island. He urges direct talks toward a permanent settlement and has held discussions with King Mohammed VI of Morocco and his foreign minister Mohamed Benaissa, while also engaging Spanish Foreign Ministry officials.
MENTIONED IN THIS ARTICLE
Washington
Colin Powell
Spain
Morocco
Mediterranean
Powell
State Department
Mohamed VI
Mohamed Benaissa
FDA advisers say blood pressure drug Vanley too risky
FDA advisers concluded that the experimental blood pressure drug Vanley poses significant risks, including life threatening facial swelling. They noted higher incidence among black patients and questioned whether benefits justify the lethal risk, urging further trials if it is to be used as a last resort.
MENTIONED IN THIS ARTICLE
Washington
Bristol-Myers
Vanley
Food and Drug Administration
FDA
Robert Temple
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