Washington Financial News

WASHINGTON (Reuters) — The U.S. Securities and Exchange Commission on Friday charged Newell Brands and former Chief Executive Newell Brands Inc and former CEO Michael Polk with misleading investors about sales.

WASHINGTON (Reuters) — Dianne Feinstein, a long-serving Democratic U.S. senator from California and gun control advocate who spearheaded the first federal assault weapons ban and documented the CIA's torture of foreign terrorism suspects, has died at 90, the Punchbowl news outlet reported on Friday.

WASHINGTON (Reuters) — Albemarle (NYSE:ALB) Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple foreign countries, the Department of Justice said on Friday.

House Speaker Kevin McCarthy is digging in on his refusal to take up Senate legislation designed to keep the federal government fully running beyond midnight Saturday

The Biden administration is releasing a playbook on best practices for training workers as the low 3.8% unemployment rate and years of underinvestment have left manufacturers, construction firms and other employers with unfilled jobs

By Laura Matthews

Investing.com -- U.S. stock futures pointed higher on Friday, suggesting an extension of gains made in the prior session, although equities are still on track to slump to a negative September.

By Jason Lange, Andrew Goudsward, Sarah N. Lynch and Nathan Layne

External Affairs Minister S Jaishankar and his American counterpart, Secretary of State Anthony Blinken, held a bilateral meeting during Jaishankar’s ongoing visit to the United States. In the runup to the meeting, all eyes were on how the US would deal with Canadian Prime Minister Justin Trudeau’s allegation that India was involved in the killing of Hardeep Singh Nijjar, a pro-Khalistan figure in Canada. Mint breaks down the developments.

Investing.com -- U.S. stock markets remain on course for a September slump heading into the final trading day of the month, despite a positive session on Wall Street on Thursday. As the latest quarter also draws to a close, a gauge of inflation closely-watched by the Federal Reserve will be in focus, while investors will be keeping an eye on a tense budget fight in Washington ahead of a possible government shutdown this weekend.

shut down the government—and once again the fight is a costly addition to the country’s economic problems. If Congress and the Biden administration do not strike a deal to fund the federal government, from October 1st it may need to furlough employees and freeze non-essential payments. House Republicans cannot even agree among themselves about what spending cuts to demand of the Senate and the White House, with hardliners seeking to sabotage a bipartisan deal struck in the summer.

PTI “We are aware of reports being made regarding the homicide of Hardeep Singh Nijjar. As this remains an active and ongoing investigation, I’m unable to comment on specific evidence collected by IHIT," IHIT spokesperson Sergeant Timothy Pierotti told PTI on Thursday. Nijjar, the chief of the banned Khalistan Tiger Force (KTF), was killed in Surrey, British Columbia on June 18.

National Post. Highlighting India's growing global influence, Trudeau emphasized the "extreme importance" of Canada and its allies maintaining active engagement with India.

State Department spokesperson Mathew Miller said that India can speak for itself regarding the Canadian allegations related to Khalistterrorist Hardeep Singh Nijjar's killing and the ongoing investigations. He mentioned that Washington has urged New Delhi to collaborate with the Canadian investigation. During the press briefing, State Department spokesperson Mathew Miller was asked whether the issue of Canadian allegations will be raised during External Affairs Minister S Jaishankar's meeting with his US counterpart Antony Blinken. «One of the practices I'm going to continue to try to adhere to, is to not speak publicly about what, Secretary Blinken or other representatives of this department will say in their meetings before the Secretary has a chance to say it directly to those counterparts,» Miller said. He added, «We have consistently engaged with the Indian Government on this question and have urged them to cooperate. And that engagement and the urge for them to cooperate will continue». On being further asked about India's response to the US' call for cooperation in the investigation, Miller refused to comment on what is said in private diplomatic conversations. «They can speak for themselves.

Investors were also watching developments in Washington to see whether U.S. lawmakers could avert a government shutdown. The recent move in Treasury yields to 16-year highs has loomed over the stock market, which has pulled back after the Federal Reserve last week signaled a hawkish long-term outlook for interest rates. The benchmark 10-year Treasury yield pausing at around 4.6% was bringing «relief,» said Matt Stucky, senior portfolio manager at Northwestern Mutual Wealth Management Co. «Markets in general the last few days have been really, really choppy,» Stucky said. «A little bit of a counter trend rally is to be expected after three or four pretty sharply negative days.» The Dow Jones Industrial Average rose 116.07 points, or 0.35%, to 33,666.34, the S&P 500 gained 25.19 points, or 0.59%, to 4,299.70 and the Nasdaq Composite gained 108.43 points, or 0.83%, to 13,201.28. Among S&P 500 sectors, the communication services group gained 1.2%, while materials rose 1%.

Trudeau said that Canada is still committed to building closer ties with India, despite «credible allegations» of the Indian government's involvement in the killing of Khalistterrorist Hardeep Singh Nijjar, Canada-based National Post reported. Pointing to the increasing influence of India worldwide, Trudeau said that it is «extremely important» that Canada and its allies continue to engage with India. Speaking at a press conference in Montreal on Thursday, Trudeau said that he thinks it is «extremely important» that Canada and its allies continue to engage «constructively and seriously» with India given its growing importance on the world stage. «India is a growing economic power and important geopolitical player. And as we presented with our Indo-Pacific strategy, just last year, we're very serious about building closer ties with India,» he told reporters. «At the same time, obviously, as a rule of law country, we need to emphasize that India needs to work with Canada to ensure that we get the full facts of this matter,» National Post quoted Trudeau as saying. Trudeau said he got assurances from the US that Secretary of State Antony Blinken would be raising the allegations made publicly about India's role in Nijjar's murder during a meeting with his Indian counterpart S Jaishankar in Washington DC on Thursday. «The Americans have been with us in speaking to the Indian government about how important it is that they be involved in following up on the credible allegations that agents of the Indian government killed a Canadian citizen on Canadian soil,» National Post quoted Trudeau as saying. «This is something that all democratic countries, all countries that respect the rule of law need to take seriously.

Hardeep Singh Nijjar remains an «active and ongoing investigation», the Royal Canadian Mounted Police (RCMP) have said. Nijjar, the chief of the banned Khalistan Tiger Force (KTF), was killed in Surrey, British Columbia on June 18. India had designated Nijjar as a terrorist in 2020.

India and the US agreed to continue their cooperation in the areas of defence, space and clean energy as External Affairs Minister S Jaishankar met Secretary of State Antony Blinken here, amid a simmering diplomatic row between India and Canada over the killing of a Khalistani separatist. Jaishankar is currently on a five-day official trip to Washington DC. This is the highest-level interaction between the two countries after the recent G-20 Summit in New Delhi.

NEW DELHI : The US has urged India to cooperate with Canada’s investigation into the killing of Hardeep Singh Nijjar, state department spokesperson Matthew Miller said before a meeting between foreign minister S. Jaishankar and his opposite number, secretary of state Anthony Blinken.

By David Shepardson

Jaishankar on Thursday met US National Security Advisor Jake Sullivan and discussed the progress in bilateral relations between the two countries and ways to take it forward. Jaishankar, who arrived here from New York on Wednesday after addressing the 78th General Assembly session of the United Nations on Tuesday, will meet US Secretary of State Antony Blinken later in the day. «Began my Washington DC visit with a meeting with NSA @JakeSullivan46.