City Washington Financial News

By Hannah Lang

The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension

By Steve Holland and Jarrett Renshaw

Iran has summoned a Swiss diplomat over the apparent U.S. seizure of Iranian crude oil from a ship that sat for months off Texas

Netflix has pulled back the curtain on its upcoming biographical film «Rustin» with the release of an evocative teaser trailer and poster. The film, starring the Emmy Award-winning Colman Domingo, sheds light on the life and contributions of Bayard Rustin, a pivotal figure behind the historic 1963 March on Washington.

By Sarah N. Lynch

Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest economies

By Sarah N. Lynch and Maria Caspani

Donald Trump raised $7.1 million since his arrest in Georgia on Thursday as his election campaign sought to capitalize on the mug shot taken at a Fulton County jail, according to a report published by Bloomberg News. A person familiar with the matter informed that Trump brought in $4.18 million just on Friday, the highest single-day haul of his 2024 presidential campaign effort, the report said. In the last three weeks, Trump's campaign has taken nearly $20 million.

The Washington Post reported. Notably, Trump has throughout tried his best to appear “unfazed and unbowed" by having been indicted four times since March, as per the New York Times. “It is not a comfortable feeling — especially when you have done nothing wrong," he told Fox News’s website in an interview.

Martin Luther King III, along with his wife, Arndrea Waters King, and their 15-year-old daughter, Yolanda, have developed a set of traditions for this time of the year. Each August, they rewatch the Rev.

DUBAI (Reuters) — Qatar is balancing its relationships with both the United States and China and one link does not damage the other, Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani said on Friday.

Joe Biden for expressing his lack of surprise that Wagner mercenary chief Yevgeny Prigozhin had been killed in a plane crash and cautioned that it was not appropriate for Washington to make such remarks.Biden on Wednesday said he was not surprised by reports about Prigozhin's death, adding that not much happens in the country that President Vladimir Putin is not behind. «I'm not surprised,» Biden said. «There is not much that happens in Russia that Putin is not behind, but I don't know enough to know the answer.» Russian Deputy Foreign Minister Sergei Ryabkov said such remarks illustrated Washington's disregard for diplomacy. «Still, it is not for the U.S.

U.S. government officials on Wednesday started cracking down on co-founders of the virtual currency mixer Tornado Cash, just days after a federal judge decided that the government had the authority to sanction them

China so that it can undergo negotiations with Beijing to «amend and strengthen» the landmark deal, the State Department said on Wednesday. For over 40 years, the agreement between the two countries has yielded cooperation across a range of scientific and technical fields, a powerful sign that the rivals could set aside their disputes and work together. The deal, signed when Beijing and Washington established diplomatic ties in 1979 and renewed about every five years since, has resulted in cooperation in areas from atmospheric and agricultural science to basic research in physics and chemistry. But concerns about China's growing military prowess and theft of U.S. scientific and commercial achievements have prompted questions about whether the Science and Technology Agreement (STA), set to expire on Aug. 27, should continue. «This short-term six-month extension will keep the agreement in force while we seek authority to undertake negotiations to amend and strengthen the terms of the STA. It does not commit the United States to a longer-term extension,» a State Department spokesperson told Reuters.

By David Morgan

Hightower firm Highland Private Wealth Management has expanded its business in Washington with the acquisition of an advisor team with approximately $470 million in assets under management.

College sports realignment will bring big challenges to fans who travel to see their teams on the road

Actors Kerry Washington and Martin Sheen have delivered rousing speeches celebrating labor unity at a rally for striking Hollywood actors and writers and other workers supporting them

By Jason Lange

PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second major global company to launch a stablecoin after Facebook, now Meta Platforms, unveiled Libra in June 2019.