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The Coast Guard Cutter Midgett, a 378-foot high-endurance cutter homeported in Seattle, transits the Strait of Juan de Fuca enroute to Seattle
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U.S. plans high-seas crackdown on N. Korea

The Trump administration and key Asian allies are preparing to expand interceptions of ships suspected of violating sanctions on North Korea, a plan that could include deploying U.S. Coast Guard forces to stop and search vessels in Asia-Pacific waters, senior U.S. officials said.

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GE says it may face U.S. action over subprime mortgage operations

General Electric Co faces potential legal action by the U.S. Department of Justice over allegations that its GE Capital unit and now-defunct WMC Mortgage Corp unit violated U.S. law in connection with subprime mortgages, according to a regulatory filing on Friday.

With rates low, Fed officials fret over next U.S. recession

Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low.

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