Washington Financial News

Oil and natural gas companies would have to pay a fee for methane emissions that exceed certain levels under a new rule proposed by the Biden administration

The Supreme Court has agreed to hear an appeal from Starbucks in a dispute with the National Labor Relations Board over workers who were trying to unionize a store in Memphis, Tennessee

Republicans say President Joe Biden's plan to start canceling student loans for some borrowers in February is an attempt to win voters ahead of the 2024 presidential election

The IRS says it has collected an additional $360 million in overdue taxes from delinquent millionaires

U.S. wholesale inflation fell for a third straight month in December, further evidence that price pressures in the economy are easing

By Jana Choukeir, Ahmed Elimam and Robert Harvey

T20I as it can transform them into contenders from sidekicks. India had won the first game at Mohali by six wickets to take a 1-0 lead. It is then imperative for Jitesh Sharma, Washington Sundar and Axar Patel to produce a defining effort against the Afghans to keep themselves within the selectors' sight as the move to find a perfect squad for the T20 World Cup has gathered steam.

By Idrees Ali, Phil Stewart and Mohammed Ghobari

By Phil Stewart and Idrees Ali

Taiwan presidential election after it became one of the site's top-trending topics following polls opening on the self-ruled island, AFP reported. When the hashtag ‘Taiwan election’ was searched for at around 9.45 am local time, a notice on the website showed, "In accordance with relevant laws, regulations, and policies, the content of this topic is not displayed," a notice on the website showed when the hashtag." Millions of Taiwanese are voting in a presidential election following threats from China that choosing the wrong leader could set the stage for war on the self-ruled island.

U.S. Secretary of State Antony Blinken on Friday raised concerns over China's human rights issues in a meeting with senior Chinese official Liu Jianchao in Washington, the State Department said, adding they also discussed «maintaining peace and stability» in the Taiwan Strait. WHY IT IS IMPORTANT

WASHINGTON (Reuters) -Major U.S. banks reported lower profit on Friday in a choppy fourth quarter clouded by special charges and job cuts, with signs an income boost from high interest rates is waning and some consumer loans are starting to sour.

By David Shepardson

By Lucia Mutikani

winner of the Palme d’Or, the top prize at Cannes Film Festival, Justine Triet’s courtroom drama is both a gripping whodunnit and an unsparing examination of the sexual and professional rivalries within a marriage. Read more of our guides to the cultural treats of 2023 Hayao Miyazaki, a co-founder of Studio Ghibli, has said that this will be his final film—and what a swansong it is. A cryptic, cosmic fairy tale about letting go of the past, “The Boy and the Heron" is comparable to several of Mr Miyazaki’s previous visionary masterpieces.

During the course of his protracted legal struggle in the United States, Changpeng "CZ" Zhao, who formerly served as the CEO of Binance, has encountered a serious setback. In response to Zhao's second request to fly outside of the country, a federal judge named Richard Jones of the United States District Court for the Western District of Washington in Seattle declined to grant his request. This determination was made as a part of the processes that took place prior to the sentence hearing for Zhao.

Houthi spokesperson says targeting of ships heading towards Israel will continue, after United States backed coalition, including United Kingdom, launches heavy airstrikes across Yemen. The Yemen's Houthi spokesperson also said, “No justification for the US-UK attack on Yemen". The attack by the US and UK on Yemen comes weeks after the Houthi rebels allegedly unleashed disruptive attacks on Red Sea hurting commercial shipping on the trade route.

By David Shepardson

Yemen over recent attacks on Red Sea shipping were «necessary and proportionate», UK Prime Minister Rishi Sunak said. «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea,» Sunak said in a statement. «We have therefore taken limited, necessary and proportionate action in self-defence, alongside the United States… to degrade Houthi military capabilities and protect global shipping,» he said. Sunak's statement followed comments by US President Joe Biden about the strikes carried out against the Houthis, who control wide areas of Yemen. Biden described the joint strikes as «defensive» and warned of further measures if the Iran-backed rebels kept attacking Red Sea shipping. He said Australia, Bahrain, Canada and the Netherlands had also provided non-operational support. The Houthis have stepped up attacks in recent weeks on shipping in the Red Sea, a vital waterway through which 12 percent of world trade flows. Houthi television channel Al-Massirah said the air strikes hit the capital Sanaa as well as the cities of Hodeida and Saada. US and British forces this week shot down 18 drones and three missiles fired by Houthi rebels in the Red Sea in what Washington called a «complex Iranian-designed» attack. UK Defence Secretary Grant Shapps said on social media platform X that four Royal Air Force Typhoon fighter jets had taken part in Friday's strikes against Houthi targets alongside US forces. Sunak described the Houthis' actions as «irresponsible» and «destabilising» and said their attacks were «driving up commodity prices». «This cannot stand.

By David Shepardson

The Biden administration is awarding $623 million in grants to help build an electric vehicle charging network across the nation