Washington Financial News

Roman Storm, co-founder of the sanctioned Ethereum-based crypto mixer Tornado Cash, has pleaded not guilty to charges related to money laundering and sanctions violations.

(Reuters) -Microsoft researchers said on Thursday they found what they believe is a network of fake, Chinese-controlled social media accounts seeking to influence U.S. voters by using artificial intelligence.

WASHINGTON (Reuters) — Boeing (NYSE:BA) is set to meet targets to deliver at least 400 narrowbody 737s this year, its chief financial officer said on Thursday, despite a recently discovered production flaw that has slowed deliveries of its bestselling 737 MAX.

Microsoft researchers said on Thursday they found what they believe is a network of fake, Chinese-controlled social media accounts seeking to influence US voters by using artificial intelligence. A Chinese embassy spokesperson in Washington said that accusations of China using AI to create fake social media accounts were «full of prejudice and malicious speculation» and that China advocates for the safe use of AI.

Apple fell nearly 4% on Thursday and sparked a rout in U.S. equities after reports that China has widened curbs on iPhone use by government staff in one of the U.S.

A World Bank eport says online gig work is growing globally and is creating an important source of employment for women and young people in poorer countries where jobs are scarce

A Greek shipper has pleaded guilty to a charge over it smuggling sanctioned Iranian crude oil and agreed to pay a $2.4 million fine

The Environmental Protection Agency is delaying plans to tighten air quality standards for smog despite a recommendation by a scientific advisory panel to lower air pollution limits to protect public health

Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries

Mint takes a look at the issue. A joint declaration or a joint communique at the end of a formal summit is usually standard diplomatic practice. It seeks to show a unified front and some level of agreement on key issues.

Mint takes a look at the issue. A joint declaration or a joint communique at the end of a formal summit is usually standard diplomatic practice. It seeks to show a unified front and some level of agreement on key issues.

G20 Summit being held in India. However, Washington has also highlighted the problems that could lead to the G20 Summit ending without a joint communique. G20 Sherpas are trying to work together on ironing out a final declaration that will be adopted by PM Narendra Modi and other world leaders over the weekend, reported ANI.

Grayscale Investments on Tuesday urged the U.S. Securities and Exchange Commission (SEC) to quickly approve its proposed exchange-traded fund that would track bitcoin, following the crypto asset manager's court victory against the agency. A three-judge panel of the District of Columbia Court of Appeals in Washington last week ruled that the SEC was wrong to reject Grayscale's proposed bitcoin ETF without explaining its reasoning, in a case that has been closely watched by the industry and which briefly boosted the price of bitcoin nearly 7%. The ruling requires the SEC to review Grayscale's application, although the agency still has time to appeal the court's decision. The SEC said last week that it was studying the ruling. «We hope you will agree that the best use of resources now is for the (SEC) to issue an order approving» the product, Grayscale's law firm DavisPolk wrote in a letter which was filed with the SEC on Tuesday.

Romero Cabral da Costa Neto, a visiting attorney at a renowned global law firm, has been thrust into the spotlight following insider trading charges announced by the Securities and Exchange Commission (SEC). This incident, coupled with a recent case in the digital asset market, underscores the evolving challenges of insider trading in both traditional and modern financial landscapes.

By Raphael Satter

WASHINGTON—The Pentagon is considering the development of a vast network of AI-powered technology, drones and autonomous systems within the next two years to counter threats from China and other adversaries. Kathleen Hicks, the deputy secretary of defense, will provide new details in a speech later Wednesday about the department’s plans to spend hundreds of millions of dollars to develop an array of thousands of air-, land- and sea-based artificial-intelligence systems that are intended to be “small, smart, cheap." The U.S.

KYIV, Ukraine—Secretary of State Antony Blinken arrived in Ukraine on Wednesday in a visit aimed at signaling Washington’s support amid a slow-going counteroffensive and grumbling among some Republicans about the level of U.S. assistance for the country. Blinken is expected to announce more than $1 billion in additional aid for the country and to meet Ukrainian President Volodymyr Zelensky in the capital, a senior State Department official said.

WASHINGTON (Reuters) — U.S. Senate Republican leader Mitch McConnell said on Wednesday he will finish his term as party leader and his term as senator following two recent episodes of seemingly freezing up during public remarks.

(Reuters) — A Washington-based ethics watchdog filed a lawsuit on Wednesday to try to block Donald Trump from appearing on the ballot in Colorado next year if he wins the Republican presidential nomination, arguing that his actions on Jan. 6, 2021, disqualify him from office.

WASHINGTON (Reuters) — The office of U.S. Trade Representative Katherine Tai on Wednesday announced a further extension of China «Section 301» tariff exclusions on 352 Chinese import and 77 COVID-19-related categories that were set to expire on Sept. 30.

By Nandita Bose and David Shepardson