Washington Financial News

President Joe Biden will use a visit to Milwaukee to highlight a surge in federal support for Black and Latino-owned businesses

By Natalie Grover

Until recently, the Chinese manufacturer behind Elf Bar e-cigarettes was able to slip its products passed U.S. customs officials

The IRS says it's going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 a year for tax years 2020 or 2021

It’s been almost a month since news broke of an alleged plot to assassinate pro-Khalistan figure Gurpatwant Singh Pannun in the United States, with possible Indian involvement. In the weeks since, India and the US have scrambled to minimise damage to their relationship. Mint takes a look at how the two countries have responded and the impact on India-US relations.

North Korea's «reckless» nuclear build-up and missile launches. G7 foreign ministers said in a statement after the launch of Pyongyang's most powerful ballistic missile that «North Korea's repeated reckless actions must be met with a swift, united and robust international response, particularly by the United Nations Security Council».

WASHINGTON (Reuters) -U.S. Bank will pay $36 million over allegations the company illegally blocked out-of-work consumers from accessing unemployment benefits during the coronavirus pandemic, top federal banking regulators announced on Tuesday.

Sen Elizabeth Warren has opposed the growing cryptocurrency lobbying efforts in Washington calling on all stakeholders to support regulations to clamp down on terrorist financing amid other concerns. 

A spate of recent articles in the United States have been speculating about how America will change if Donald Trump is re-elected in 2024. But there will be adverse changes in store for Canada, too.

South Korea, the United States and Japan said on Tuesday they have activated a new system to detect and assess North Korea's missile launches in real-time. The announcement comes after North Korea said it had tested the isolated state's newest intercontinental ballistic missile (ICBM) on Monday to gauge the war readiness of its nuclear force against mounting U.S. hostility. Here is what we know about the new missile warning data sharing system: WHAT INFORMATION IS BEING SHARED? Under the new mechanism, the three countries will share information on the launch site, flight trajectory and hitting point of North Korean missiles around the clock, South Korean Defence Minister Shin Won-sik said. The United States had until now shared such information separately with South Korea and Japan. «We will have warning data on North Korean missiles much faster, and be able to secure enough time to respond effectively,» Shin said in an interview with broadcaster MBN on Monday.

The Environmental Protection Agency says it is conducting more on-site inspections of polluting industrial sites than at any time since the COVID-19 pandemic began

Until recently, the Chinese manufacturer behind Elf Bar e-cigarettes was able to slip its products passed U.S. customs officials

Benjamin Netanyahu has reiterated Israel's aim of achieving «total victory» against Hamas, stating that the war is not just Israel's but also the US's, as it is also a battle against the «Iranian axis.» He said that the Iranian axis of terror is threatening to close the maritime strait of Bab el-Mandeb and is presenting a threat to the freedom of navigation for the world.

Fairshake has raised $78 million to support “pro-crypto” candidates in the forthcoming 2024 US elections.

Security Council could vote as early as Monday on a proposal to demand that Israel and Hamas allow aid access to the Gaza Strip — via land, sea and air routes — and set up U.N. monitoring of the humanitarian assistance delivered. Diplomats said the fate of the draft Security Council resolution hinges on final negotiations between Israel ally and council veto power, the United States, and the United Arab Emirates, which has drafted the text.

The Daily Show" host Trevor Noah is returning to Netflix for his fourth original comedy special. The show titled "Where Was I" will witness Noah sharing his «hilarious experiences from his recent travels, around the world, ranging from foreign national anthems to varying cultural norms,» as per the official logline.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

bomb cyclone, characterized by intense gale-force winds, heavy rains, and the potential for flooding, is advancing toward a significant portion of the East Coast. The National Weather Service has issued a wind advisory for over 32 million Americans, anticipating winds ranging between 40 and 70 mph along the coast, with the possibility of gusts reaching up to 85 mph. The storm, originating from Florida and Georgia, is expected to bring substantial rainfall, with a stretch from North Carolina to Maine experiencing up to 4 inches. Early on Sunday, 35,000 homes and businesses in Florida and Georgia were already without power.

India is likely to hold talks with the US to convince it about the compatibility of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme with global trade rules following Washington's imposition of countervailing duties on three items exported from India as retaliation against the scheme. Simultaneously, the commerce and industry ministry is drawing up a roadmap to work on the kind of documentation that needs to be maintained by Indian exporters to deal with anti-subsidy levies such as countervailing duty cases conducted by various countries on domestic products. The move follows the US' countervailing investigations on three Indian products- paper file folders, common alloy aluminum sheet, and forged steel fluid end blocks. The European Commission too has conducted a similar probe on certain graphite electrode systems from India.

NBA G League in connection to the perplexing disappearance of a 23-year-old medical assistant from Washington in Las Vegas. Chance Comanche was taken into custody on Friday afternoon and is now facing charges of first-degree kidnapping, according to a report in New York Post. The disappearance involves Marayna Rodgers, who went missing on December 6 during a trip to Las Vegas. Reportedly, she got into a vehicle with her friend, Sakari Harnden, as detailed by KLAS. The arrest adds a significant development to the ongoing investigation into the case.

WASHINGTON—Robert Gilbert is fed up with high prices for groceries and other necessities, and he has giving up hope that President Biden can help. “I don’t think he has really done much for us, nothing that benefits me really," said Gilbert, 65 years old, a retiree living on a fixed income in Fenton, Mo. He voted for Biden in 2020, but doesn’t think he will support him again.