Richmond Financial News

As the U.S. Postal Service faces delivery slowdowns, U.S. Sen. Jon Ossoff, a Democrat from Georgia, has proposed legislation to impose stricter oversight on who leads the agency

CW Advisors has unveiled the latest step in its national growth strategy with a landmark acquisition.

British voters are picking a new government in a parliamentary election Thursday that is widely expected to bring the opposition Labour Party to power

Federal prosecutors in New York say two men are charged with starting a business in China using battery manufacturing technology pilfered from Tesla and trying to sell the proprietary information

Investing.com -- U.S. stock futures hovered around both sides of the flatline on Friday.

Investing.com -- U.S. stock futures pointed to a mixed opening on Wall Street after equities advanced in the prior session. Coinbase (NASDAQ:COIN) reports better-than-anticipated earnings in the fourth quarter thanks to a jump in activity on the crypto exchange following the approval of exchange-traded funds tracking the spot price of Bitcoin. Meanwhile, Jeff Bezos sells a further $2 billion in Amazon (NASDAQ:AMZN) shares and Nike (NYSE:NKE) reportedly plans to lay off 2% of its workforce.

From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers

The former CEO of Systematic Alpha Management LLC (SAM) pleaded guilty to a conspiracy to commit commodities fraud involving crypto futures contracts, and he is potentially facing up to a five-year prison sentence.

Ted Lasso will end after three seasons, it has been confirmed. The award-winning show is produced by Jason Sudeikis who also stars in it in the lead. Ted Lasso has won 11 Emmy Awards so far and has been nominated for 40 Emmys.Ted Lasso director Declan Lowney, in an exclusive interview with The Hollywood Reporter, talked about the series finale and how difficult it was to say goodbye to the cast and crew. Lowney has been with the show since its first season in dual roles – as director for all three seasons, and as supervising producer for season two. The director proudly said that the US production, which has been shot in Richmond in the UK, is bigger than most English film and television productions.

Associated Press reports.  President Joe Biden, in an official statement, said that the United States worked tirelessly to eliminate its chemical weapons stockpile over the last 30 years.  “Today, I am proud to announce that the United States has safely destroyed the final munition in that stockpile — bringing us one step closer to a world free from the horrors of chemical weapons," Biden said.  The weapons' destruction is a major watershed for Richmond, Kentucky, and Pueblo, Colorado, where an Army depot destroyed the last of its chemical agents last month, AP reported.  The US had a September 30 deadline to eliminate its remaining chemical weapons under the International Chemical Weapons Convention, which took effect in 1997 and was joined by 193 countries.  The munitions being destroyed in Kentucky are the last of 51,000 M55 rockets with GB nerve agent — a deadly toxin also known as sarin — that have been stored at the depot since the 1940s. Now, the US is officially underscoring that these types of weapons are no longer acceptable in the battlefield and sending a message to the handful of countries that haven't joined the agreement, according to the military experts.  Senate Republican Leader Mitch McConnell of Kentucky said, “Chemical weapons are responsible for some of the most horrific episodes of human loss.

Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond and Kansas City Federal Reserve banks said Friday.