City Washington Financial News

The Washington Post has lost at least a quarter million subscribers since announcing last Friday it would not endorse a candidate in the presidential race

Jeff Bezos defended the Washington Post’s decision of not endorsing a single US Presidential candidate just ahead of the US Presidential Elections scheduled to be held on November 5 while he asserted that political endorsements eventually creates a perception of bias. According to New York Post, in an op-ed which was recently published, Jeff Bezos described the move as a principal decision which eventually reflects the commitment of the newspaper towards independence. New York Post reported that Jeff Bezos also made an argument that endorsements do not really influence undecided voters and emphasized on the need for media credibility acknowledging the fact that public trust in journalism has eventually declined. Also Read: On Call: New police drama’s release date, where to watch, plot, cast and characters

Newspaper owners across the country have been ditching presidential endorsements, figuring they shouldn't alienate readers with something most of them don't care about

Bezos, the billionaire owner of the Washington Post, said on Monday that his choice for the US newspaper not to endorse a candidate in the presidential election was «a principled decision» and denied it was linked to personal interests. In an op-ed posted to the newspaper's website, Bezos argued that with trust in news media falling, steps needed to be taken to address accusations of partisanship. «What presidential endorsements actually do is create a perception of bias. A perception of non-independence. Ending them is a principled decision,» he wrote.

The U.S. Treasury Department, seeking to keep the Chinese military from gaining an edge in advanced technologies, issued a rule Monday to restrict and monitor American investments in China in artificial intelligence, computer chips and quantum computing

The Washington Post has reportedly lost more than 200,000 subscribers following a decision announced last week not to endorse a candidate in the presidential race

Also Read: Meghan Markle and Prince Harry haven't been seen together for weeks; is there some toxic reason? Here's all you need to know

Subscribe to enjoy similar stories. Thousands of Washington Post readers have canceled their subscriptions. Staffers have gone public with their outrage.

Missouri voters are considering whether to make the state the 40th jurisdiction to legalize sports betting

Subscribe to enjoy similar stories. WASHINGTON—Two weeks before Israeli warplanes struck Iran Saturday morning, President Biden and Israeli Prime Minister Benjamin Netanyahu agreed on the parameters of the attack in a half-hour phone call, their first in almost two months. After mounting worry that Israel might strike Iran’s oil infrastructure or even nuclear installations, the Israeli leader set his sights on military targets—to the relief of American officials.

Shaktikanta Das, the Governor of Reserve Bank of India (RBI), on October 26, received award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year. The award, presented by Global Finance in Washington D.C., USA, recognised RBI Governor's excellent performance and effective leadership in steering India's apex bank through complex economic challenges. In a social media post on X, RBI posted, «Governor @DasShaktikanta received the award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year. Presented by Global Finance at an event held today in Washington DC, USA.»

Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States during a brief period in the 1990s while building a startup company. The news outlet reported that Musk arrived in Palo Alto, California, in 1995 to attend Stanford University but never enrolled in his graduate studies program there. Instead, he developed software company Zip2, which sold in 1999 for around $300 million, according to the outlet. Two immigration law experts quoted by the Post said Musk would have needed to be enrolled in a full course of study in order to maintain a valid work authorization as a student.

The Washington Post says it won't endorse a candidate for president in this year’s tightly contested race and would avoid doing so in the future

Taiwan is making a longshot push to join the International Monetary Fund

headline inflation trajectory is expected to moderate from the last quarter of this financial year, while unexpected weather events and worsening of geopolitical conflicts pose a major challenge, Reserve Bank of India Governor Shaktikanta Das said in Washington DC. On inflation, the RBI Governor spoke about ensuring inflation reaches to the 4% level on a durable basis. Pertinent to note that last week, the governor said that a policy rate cut would be very risky at this juncture. 'Resilient growth has given us the space to focus on inflation so as to ensure its durable descent to the 4 per cent target," Das said at the Macro Week 2024 organised by the Peterson Institute for International Economics at Washington DC.

India Vs New Zealand 2nd Test LIVE Score: Yashasvi Jaiswal and Shubman Gill are currently batting at the Maharashtra Cricket Association Stadium in Pune, aiming to chase down a target of 359. After scoring just 146 runs in the first innings, the Indian batters will be under considerable pressure.

Washington Sundar's masterclass with the ball during the second Test against New Zealand in Pune proved to be enough to rewrite records in the history books. On his return to Test cricket after more than three-and-a-half years ago, Sundar burst into the scene out of nowhere and left a lasting impression on the game. Despite the presence of mainstays Ravichandran Ashwin and Ravindra Jadeja, Sundar found a way to make the headlines all about himself.

Union Finance Minister Nirmala Sitharaman highlighted the contributions of the Global South to the foundations of multilateral development banks at the 1944 Bretton Woods conference and emphasized on embedding diverse voices in decision-making to ensure a truly inclusive and global development framework. She was speaking at the Development Committee Plenary session on 'A Future-Ready World Bank Group' at the World Bank during the Annual Meetings 2024 in Washington, DC. In her intervention at the session, Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like digital inclusion and sustainable energy.

security adviser and the deputy minister of foreign affairs reportedly provided “sensitive intelligence about India to The Washington Post days before the RCMP publicly alleged that Indian government agents have been linked to homicides, extortions and other violent criminal activities in Canada,” leading Canadian daily Global and Mail alleged in its new report. “Two sources say Nathalie Drouin, a former deputy minister at Justice and now Mr. Trudeau’s top national security and intelligence adviser, and David Morrison, deputy minister at Global Affairs, gave a briefing on India’s interference operations in Canada to The Washington Post in the week before Thanksgiving. The intelligence was not to be reported until RCMP Commissioner Mike Duheme held a news conference on Thanksgiving Day,” The Globe and Mail reported quoting two sources. A spokesperson for Ms. Drouin and Mr. Morris denied any classified information was shared, according to Globe and Mail.

Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S. presidential election and shape the policies of the world’s biggest economy

North Korea is providing military help to Russia, such as ammunition and weapons, to stand against Ukraine with the utmost strength, as per a report. The United States is in deep concern regarding the military support that North Korea is providing increasing military support to Russia in the ongoing war. Deputy Secretary of State Kurt Campbell expressed on Wednesday that the nuclear threat of Pyongyang has warned Washington and its allies. Evidence has also come that North Korea is providing materials to help Moscow, including artillery and missiles. Following Campbell's words with the officials of South Korea and Japan based on renewing international pressure on North Korea, he has also had words with the reporters, as per Newsweek. Also Read :Taylor Swift spends a whopping amount of money to treat her boyfriend Travis Kelce; this is how much she shelled out