Washington Financial News

By David Lawder

Consulting firm Deloitte is looking for specialist analysts to assist in uncovering financial crimes related to crypto.

Three cables under the Red Sea that provide global internet and telecommunications have been cut as the waterway remains a target of Yemen’s Houthi rebels

The flow of millions of small parcels into the U.S. from China thanks to the explosive growth of online shopping has caught the attention of Congress

China's efforts to restore confidence and rev up the economy will top the agenda during this month’s meeting of the ceremonial national legislature

The first over-the-counter birth control pill will be available in U.S. stores later this month

(Reuters) -Advanced Micro Devices hit a U.S. government roadblock in its efforts to sell an artificial intelligence chip tailored for the Chinese market, as part of Washington's crackdown on the export of advanced technologies to the country, Bloomberg News reported on Monday.

By David Shepardson

By Valerie Volcovici

WASHINGTON (Reuters) — Five months into the fiscal year, congressional negotiators have unveiled the first tranche of bills to avert a partial government shutdown, with Republicans and Democrats touting the portions of the legislation that embraced their key priorities.

By David Shepardson and Aatreyee Dasgupta

By Andrea Shalal

In a landmark decision, a U.S. court has determined that the trading of certain cryptocurrency assets on secondary markets, including platforms such as Coinbase, are securities transactions.

SINGAPORE—Two years after the invasion of Ukraine, drones and U.S.-made computer chips are increasingly flowing to Russia from China through Central Asian trade routes, showing the difficulty of strangling supplies to Moscow’s war effort. Trade routes snaking through former Soviet republics Kazakhstan and Kyrgyzstan are among the many paths into Russia for so-called dual-use goods—singled out by the U.S. and its allies because they can be used on the battlefield.

Chinese Vice President Han Zheng has pledged to provide more opportunities for foreign companies in China as the government tries to restore confidence in the world’s second largest economy

Teachers at Head Start child care centers are paid far less than public school teachers, even though they have similar credentials

Donald Trump beats Nikki Haley in Michigan, Missouri Trump issued a statement shortly after Haley’s victory sarcastically congratulating her on being named “Queen of the Swamp by the lobbyists and DC insiders that want to protect the failed status quo." This is not the first time Republicans in the capital have rejected Trump. During the last competitive Republican nominating contest in the District of Columbia, in 2016, Trump received less than 14% of the vote and no delegates, even as he went on to win the nomination nationally.

By Moira Warburton

By Nidal al-Mughrabi and Bassam Masoud

India is expected to be fast-tracked now that the major hurdle of mandatory 30 days of Congressional notification is likely to pass without any objection from the lawmakers on Sunday, but for the routine procedural matters posed by the upcoming general elections. The Defence Security Cooperation Agency (DSCA) notified the US Congress in February about the determination of the State Department of a possible Foreign Military Sale to India of 31 MQ-9B Remotely Piloted Aircraft and related equipment for an estimated cost of USD 3.99 billion. The 31 MQ9-B SkyGuardian Drones itself cost USD 1.70 billion, while the rest of the services including technology and equipment are estimated to cost USD 2.29 billion. In addition to 31 MQ-9B SkyGuardian Aircraft, the proposed deal includes 161 Embedded Global Positioning & Inertial Navigation Systems (EGIs), 35 L3 Rio Grande Communications Intelligence Sensor Suite. «This sale is necessary in furtherance of the US foreign policy and national security objectives,» the notification said.

Cuba’s economy is in its worst state since the collapse of the Soviet Union in the 1990s. Even the official figures—which one Western businessman in Havana, the capital, describes as “an exercise in a cover-up"—make grim reading. Annual inflation, according to the government, is at 30%.