Washington Financial News

The Federal Reserve has reached a delicate stage in its fight against inflation

When Congress returns this week, Homeland Security officials and those in the chemical industries will be watching to see if a program regulating the chemical sector will be on its agenda

Labor Day 2023 in the US seems to have become fruitful for Sony and Escape Artists' «The Equalizer 3» as the movie made a spectacular global debut, raking in $60.6 million, marking the franchise's most impressive opening to date. Notably, the film's international box office performance, which amounted to $26.1 million across 49 markets, set a new record for the Denzel Washington-led series, as per a report. Among the initial suite of releases, the top five markets contributing to this success are the UK ($3.5 million), France ($2.8 million), Germany ($2.4 million), Spain ($1.7 million), and Saudi Arabia ($1.6 million), according to a report by Deadline.

Iran significantly slowed the pace at which it is accumulating near-weapons-grade enriched uranium in recent months, the United Nations’ atomic agency reported on Monday, a move that could ease tensions with the U.S. and help open the way to broader negotiations over its nuclear program. According to a confidential International Atomic Energy Agency report, Iran added 7.5 kilograms—about 16.5 pounds—of 60% enriched uranium in the three months to August, far less than the 51.8 kilograms it added in the previous six months.

Sony's "Equalizer 3," directed by Antonie Fuqua and starring Denzel Washington, has given a much-needed lift to the summer box office by opening with an estimated $42 million over four days. This achievement marks the first time the domestic summer box office has crossed the $4 billion mark in the post-pandemic era.

Associated Press, Hollywood’s summer movie season will surpass $4 billion in ticket sales for the first time since the pandemic, thanks to “Barbie" and “Oppenheimer", which are still netting records even after seven weeks in theaters. This weekend, Greta Gerwig’s “Barbie" officially became the biggest movie of 2023 with over $1.36 billion globally in ticket sales, surpassing “The Super Mario Bros.

college football season, Week 1 witnessed thrilling matchups involving all top 25 teams from the preseason AP Poll. The headline event saw Colorado causing a major upset by defeating No. 17 TCU in Deion Sanders' debut as the Buffaloes' head coach. Scores, statistics, and TV information for all the top 25 games during Week 1 are detailed below. Additionally, we'll recap the preseason rankings to provide context for these exciting developments.

Spaceweather.com. Two coronal mass ejections (CME) are expected to hit the Earth, said the report. “One CME is definitely heading for Earth, and there might be two.

By Francesco Guarascio

North Korea conducted a simulated tactical nuclear attack drill that included two long-range cruise missiles in an exercise to «warn enemies» the country would be prepared in case of nuclear war, the KCNA state news agency said on Sunday. KCNA said the drill was successfully carried out on Saturday and two cruise missiles carrying mock nuclear warheads were fired towards the West Sea of the Korean peninsula and flew 1,500 km (930 miles) at a preset altitude of 150 meters. Pyongyang also said it would bolster its military deterrence against the United States and South Korea. South Korea's military said the claim of success could be an exaggeration as «not all of them succeeded,» Seoul's Yonhap News reported, citing a senior official at the Joint Chiefs of Staff. KCNA also reportd that North Korean leader Kim Jong Un visited Pukjung Machine Complex, which produces marine engines, and a munitions factory to stress the importance of strengthening Pyongyang's naval forces. «He affirmed that a future plenary meeting of the Central Committee of the WPK (Worker's Party of Korea) would set forth an important modernization of the complex and the development direction of the shipbuilding industry,» a KCNA statement said. It did not specify the date of his visit. The latest missile test came just after the joint annual exercises between South Korea and the United States, known as Ulchi Freedom Shield, came to a close on Thursday. It featured air drills with B-1B bombers. North Korea has been stepping up its military deterrence against Washington and Seoul and has criticized last month's summit agreement between the two on improving military cooperations. KCNA said on Aug.

Also Read: North Korea fires missiles after failed satellite launch: State Media "He affirmed that a future plenary meeting of the Central Committee of the WPK (Worker's Party of Korea) would set forth an important modernization of the complex and the development direction of the shipbuilding industry," the KCNA statement said. The statement did not specify the date of his visit.

HONG KONG—A new Cold War-style competition has put the moon back at the center of global space ambitions, but the U.S. has a new chief rival. More nations and companies are venturing into space, crowding the calendar with planned robotic landings for lunar research.

Federal Trade Commission won an administrative ruling against TurboTax tax software maker Intuit after the commission said the company misled consumers with deceptive advertisements pitching «free» tax filing products that millions of consumers were unable to use, the company said on Friday. Intuit said it will appeal the decision, saying it is «confident that when the matter ultimately returns to a neutral body Intuit will prevail, as it has previously in this matter». In April 2022, a US judge refused an FTC request to block Intuit from running ads for «free» tax filing products.

By Nandita Bose

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

BRASILIA (Reuters) — Brazil's top central bank officials on Friday praised the government's commitment to eliminate the primary deficit in its 2024 budget, saying fiscal improvement is vital for aligning inflation expectations with official targets.

Denzel Washington reprises his role as Robert McCall in "The Equalizer 3," a rated-R action thriller, which pulled in $3.8 million during its previews. Projections suggest the film may rake in $28 million to $30 million during its opening weekend, potentially reaching $33 million to $40 million with the extended Labor Day holiday. This expected performance could secure the top spot at the weekend box office, surpassing competitors like «Gran Turismo» from Sony and «Barbie» by Warner Bros., which vied for the lead last week. Compared to its predecessors, "The Equalizer 3" is poised to have the smallest three-day opening, following the original «Equalizer» in 2014, which debuted with $34 million, and its 2018 sequel, which launched with $36 million. However, both earlier films achieved significant success, grossing over $100 million domestically and nearly $200 million globally. Antoine Fuqua, the director behind the first two films and «Training Day,» returns to helm the third and final installment. In this chapter, McCall finds himself on the Italian coast, facing off against the mafia in a town under their control. To secure his escape, he must employ his formidable mercenary skills for one last mission. The cast of «Equalizer 3» includes Dakota Fanning, Bill Pullman, Ashton Sanders, Orson Bean, Melissa Leo, Jonathan Scarfe, and more. In other box office news, Sony's «Gran Turismo» is entering its second weekend and aims to add $7 million to $9 million to its earnings. Meanwhile, Warner Bros.' «Barbie,» with a staggering $1.34 billion in earnings, inches closer to surpassing «The Super Mario Bros. Movie» ($1.35 billion) as the highest-grossing worldwide release of the year.

By Howard Schneider

By Lucia Mutikani

By David Shepardson

WASHINGTON (Reuters) — The National Labor Relations Board said Friday it will investigate unfair labor practice charges filed by the United Auto Workers union against General Motors (NYSE:GM) and Chrysler-parent Stellantis (NYSE:STLA).