Washington Financial News

The Biden administration says it’s granting temporary legal status to hundreds of thousands of Venezuelans already in the country

A coalition of 25 governors and the Biden administration are set to announce a pledge Thursday morning to quadruple the number of heat pumps in U.S. homes by 2030

House Speaker Kevin McCarthy emerged with a spending cut plan to prevent a federal government shutdown by appeasing his hard-right flank, only to see it quickly collapse Thursday in a crushing defeat

WASHINGTON (Reuters) — The CEO of internet search engine company DuckDuckGo testified on Thursday that his company struggled to grow its market share because Google was paying key companies billions of dollars to keep its search engine as the default on computers or mobile devices.

WASHINGTON (Reuters) — President Joe Biden will announce a new military aid package for Ukraine on Thursday that will include air defense systems and other weaponry to help Kyiv ahead of a tough winter, White House national security adviser Jake Sullivan said.

By David Morgan and Richard Cowan

By Lucia Mutikani

WASHINGTON (Reuters) — U.S. existing home sales unexpectedly fell in August as persistently tight supply boosted prices, and a further decline is likely amid a resurgence in mortgage rates.

KL Rahul will lead the Team India squad in the first two matches. Wicketkeeper-batter Sanju Samson also will not be playing the ODI series. From Australia, Mitchell Starc and Glenn Maxwell have been ruled out of the first ODI game of the three-match series against India while Steve Smith will return to the side.

The CBDC Anti-Surveillance State Act, aimed at preventing “unelected bureaucrats in Washington” from issuing a central bank digital currency (CBDC), has taken one step further on its procedural journey after it passed the House Financial Services Committee.

G20 summit in Delhi on September 9th and 10th—an unprecedented absence. But on September 16th and 17th Wang Yi, who succeeded Mr Qin as foreign minister in late July, met America’s national security adviser, Jake Sullivan, in Malta. According to Bloomberg, they discussed a possible meeting between Mr Xi and President Joe Biden at a gathering of Asia-Pacific leaders scheduled for November in San Francisco.

By Richard Cowan

BCCI Honorary Secretary Jay Shah noted that SBI Life's commitment to 'excellence “We are delighted to welcome SBI Life on board as an Official Partner for BCCI’s Domestic and International Season for the course of the next three years, ahead of the prestigious ICC Men’s Cricket World Cup 2023. SBI Life's commitment to excellence aligns perfectly with BCCI's vision for cricket." “We look forward to a fruitful partnership that will enhance the cricketing experience for fans and players alike." Shah added Meanwhile, BCCI President Roger Binny noted that the two entities are looking to ‘build a solid partnership’ to take Indian cricket forward.

By Patricia Zengerle

By Daphne Psaledakis and Humeyra Pamuk

WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended:

Washington’s revolving door kept spinning this week as the Drug Enforcement Administration’s recently departed second-in-command returned for another stint with a high-powered consulting firm where he previously advised OxyContin maker Purdue Pharma

Federal Reserve keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Environmental activists are praising President Joe Biden's New Deal-style American Climate Corps

WASHINGTON—Federal Reserve officials voted to hold interest rates steady at a 22-year high but signaled they were prepared to raise rates once more this year to combat inflation. With economic activity stronger than anticipated, a majority of officials also expected they would need to maintain interest rates near their current level through next year, according to projections released Wednesday at the conclusion of their two-day policy meeting. Fed officials raised their benchmark federal-funds rate at their previous meeting in July to a range between 5.25% and 5.5%.

Ashwin was eloquently explaining on his Tamil YouTube channel, why a talent like Tilak Varma should be seriously considered for the ODI World Cup. One of India's greatest match-winners in Test cricket wouldn't possibly have envisaged that in six weeks time he would be summoned for a two-match trial against Washington Sundar — nearly a decade and half junior to him Close selection calls are par for course when it comes to World Cup squads. But just two weeks before the mega event, the Indian team management has called the two off-spinners for the three-match series against Australia to keep a ready back-up option in case Axar Patel's quadriceps tear doesn't heal on time. It will be a virtual shoot-out and their performances on flat decks of Mohali and Rajkot will be monitored by Ajit Agarkar's selection committee. «I think Ashwin will be slightly ahead now that a bowler of his stature has been called into the mix.