Washington Financial News

By David Lawder

WASHINGTON (Reuters) — The top Republican on the U.S. Senate's health committee has called on the chief executive of 23andMe to provide the panel with details after data from the family genetics website was advertised for sale on the dark web.

By Joey Roulette

(This Oct. 18 story has been corrected to removes the reference to Senator Brian Schatz in paragraph 7)

FTX cryptocurrency empire, another reckoning for digital currencies is underway: Governments around the world are intensifying their crackdown on sources of funding for terrorist groups — including crypto — after Hamas’s bloody attack in Israel that claimed more than 1,400 lives and led to retaliatory attacks that have killed thousands. Crypto is a small but deadly slice of overall terrorism funding: Research by analytics firm Elliptic in 2021 estimated that wallets linked to Hamas’ military wing had received more than $7.3 million in crypto, including around $40,000 in Dogecoin, the dog-themed memecoin favored by Elon Musk. These sums aren’t much compared with the $100 million that Iran sends annually to Hamas and other Palestinian terror groups or with Qatar’s $360 million in aid for Gaza, or the approximately $300 million Hamas gets via business taxation and extortion estimated by the Washington Institute’s Matthew Levitt.

Hamas’s attack on Israel should be a wake-up call to U.S. intelligence services. That a terrorist attack of this magnitude—with seismic implications for global security—came as a surprise to many in Washington shows that we need to reassess our own operations sharply to ensure that America has a comprehensive threat picture that can provide early warnings and prevent national-security tragedies.

Also Read: US is India’s ‘optimal choice’ as a partner, says Jaishankar Garcetti recently said the “great minds" back in his homeland and India can find more paths to peace, ANI reported. "I'm so proud to see the United States of America and India working together for a more peaceful world.

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices

The Washington Post newspaper raised concerns about alleged bias of Facebook, WhatsApp and YouTube toward the ruling BJP and the Narendra Modi dispensation, reported PTI. Ramesh pointed out that YouTubeIndia move justified what the Washington Post had written and said, “Today, @YouTubeIndia has vindicated what the Washington Post wrote and what were already our genuine apprehensions.

NEW DELHI (Reuters) -The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the gap between government revenue and expenditure, the IMF mission chief for the country said on Friday.

Federal Reserve Chair Jerome Powell said inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market

Federal regulators have approved the expansion of a natural gas pipeline in the Pacific Northwest over the protest of environmental groups and top West Coast officials

The Justice Department has secured a $9 million settlement with Ameris Bank over allegations it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans

Rite Aid plans to close about 7% of its stores initially, as the drugstore chain makes its way through its Chapter 11 bankruptcy process

Israel-Hamas war news: Israel's carpet bombing of Gaza in retaliation the the 7 October Hamas attack continues even as almost 3,000 people have lost their lives in one of the most densely populated areas in the world. Israel is also witnessing a flurry of visits from Western leaders, including US President Joe Biden and UK Prime Minister Rishi Sunak, in a bid to prevent the war between Israel's Benjamin Netanyahu and Hamas fighters from Gaza from escalating.

Oil prices extended gains on Friday, rising about 1% on fears that the Israel-Gaza conflict may spread in the Middle East and disrupt supplies from one of the world's top-producing regions. Brent crude futures climbed 77 cents, or 0.8%, to $93.15 a barrel by 0042 GMT. U.S.

U.S. State Department on Thursday issued a worldwide security alert for Americans overseas amid the Israel-Hamas conflict, citing increased tensions in various locations around the world and the potential for extremist attacks and violence against Americans. The alert did not single out any specific global event but comes amid a conflict in the Middle East after Palestinian Islamist group Hamas attacked Israel on Oct.

By David Morgan, Katharine Jackson and Makini Brice

WASHINGTON—President Biden reiterated his staunch support for Israel in the wake of attacks by Hamas militants during a visit to Tel Aviv on Wednesday. But back in the U.S., he’s faced criticism from progressives, Muslims and Arab-Americans, who say his sympathy for lost Palestinian lives and the humanitarian crisis in Gaza is too little too late. “I’ll vote for him.

While the first and second quarters saw many companies exceeding market expectations, the third-quarter forecasts are notably more conservative.

Washington Examiner columnist Tiana Lowe Doescher and FOX Business Lydia Hu join Making Money host Charles Payne to discuss the impact of the housing crisis on young people.