Washington Financial News

DUBAI (Reuters) — Qatar is balancing its relationships with both the United States and China and one link does not damage the other, Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani said on Friday.

A Washington, D.C., federal court this week prevented Finra from expelling a brokerage it found to have harmed customers, but the regulator is confident it can defend its enforcement authority in that case and a separate one that was filed earlier this month.

Joe Biden for expressing his lack of surprise that Wagner mercenary chief Yevgeny Prigozhin had been killed in a plane crash and cautioned that it was not appropriate for Washington to make such remarks.Biden on Wednesday said he was not surprised by reports about Prigozhin's death, adding that not much happens in the country that President Vladimir Putin is not behind. «I'm not surprised,» Biden said. «There is not much that happens in Russia that Putin is not behind, but I don't know enough to know the answer.» Russian Deputy Foreign Minister Sergei Ryabkov said such remarks illustrated Washington's disregard for diplomacy. «Still, it is not for the U.S.

Donald Trump's arrest: Former US President surrenders in Georgia elections case Fulton County District Attorney Fani Willis indicted Trump and 18 alleged co-conspirators on 14 August, alleging they violated Georgia’s racketeering law by joining a criminal enterprise to keep Trump in office after he lost the election. For the fist time, Trump’s mug shot was made public after he surrendered to the Atlanta jail.

Vladimir Putin sent his condolences to the family of Yevgeny Prigozhin on Thursday, breaking his silence after the mercenary leader's plane crashed with no survivors two months after he led a mutiny against army chiefs. Putin's comments, which suggested he harboured decidedly mixed feelings about Wagner's mercenary boss, were the most definitive yet on Prigozhin's fate. Before he spoke, the only official statement had come from the aviation authority which said Prigozhin had been on board the downed plane. Russian investigators have opened a probe into what happened, but have not yet said what they suspect caused the plane to suddenly fall from the sky northwest of Moscow on Wednesday evening. Nor have they officially confirmed the identities of the 10 bodies recovered from the wreckage. U.S.

Wells Fargo investment institute's Paul Christopher discusses recession risk in the U.S. and shares his market outlook.

The U.S. Department of Justice has sued SpaceX, the rocket company founded and run by Elon Musk, for alleged hiring discrimination against refugees and people seeking or already granted asylum

The Biden administration says it will take a look at increasing regulation over some air charters that operate much like regular airlines

Trump was arrested at a Georgia jail Thursday on racketeering and conspiracy charges and released on $200,000 bond after having a historic mug shot taken. Trump, who is accused of colluding with 18 other defendants to overturn the 2020 election result in the southern state, spent less than 30 minutes inside Atlanta's Fulton County Jail before leaving in a motorcade for the airport. Like the other defendants in the case who have surrendered so far, the 77-year-old Trump had his mug shot taken during the booking process — a first for any serving or former US president. In the photograph released by the sheriff's office, he scowled at the camera while dressed in a dark blue suit, white shirt and red tie. Speaking to reporters after his arrest, Trump, the frontrunner for the 2024 Republican presidential nomination, said it was a «very sad day for America.» «What has taken place here is a travesty of justice,» he said.

The cryptocurrency community remains undecided over the ownership of the third largest Bitcoin wallet. Many believe it belongs to BlackRock ahead of its Bitcoin ETF application that remains in limbo. 

Roark Capital Group has won the race to acquire United States sandwich chain Subway after seeing off a late challenge from a rival bid group led by TDR Capital and Sycamore Partners.

China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to US interests and technological supremacy. Two years after it stopped promoting the Thousand Talents Plan (TTP) amid US investigations of scientists, China quietly revived the initiative under a new name and format as part of a broader mission to accelerate its tech proficiency, according to three sources with knowledge of the matter and a Reuters review of over 500 government documents spanning 2019 to 2023. The revamped recruitment drive, reported in detail by Reuters for the first time, offers perks including home-purchase subsidies and typical signing bonuses of 3 to 5 million yuan, or $420,000 to $700,000, the three people told Reuters. China operates talent programs at various levels of government, targeting a mix of overseas Chinese and foreign experts. The primary replacement for TTP is a program called Qiming overseen by the Ministry of Industry and Information Technology, according to national and local policy documents, online recruitment advertisements and a person with direct knowledge of the matter who, as with others, spoke on the condition of anonymity because of the issue's sensitivity. The race to attract tech talent comes as President Xi Jinping emphasises China's need to achieve self-reliance in semiconductors in the face of US export curbs.

By Kanishka Singh

WASHINGTON (Reuters) — The Federal Aviation Administration (FAA) said Thursday it is considering subjecting high-volume charter flight operators to stricter regulations imposed on passenger airlines.

reliance on imported chips and strengthen domestic manufacturing to better compete with China. Meeting those goals will hinge not only on drawing the world’s biggest chip manufacturers to the U.S., but also recruiting and developing the technical expertise to build and operate the new plants. In Arizona, however, construction has been delayed by a shortage of skilled workers, TSMC says, and it is seeking to bring in workers from Taiwan to get construction back on track.

U.S. government officials on Wednesday started cracking down on co-founders of the virtual currency mixer Tornado Cash, just days after a federal judge decided that the government had the authority to sanction them

Hundreds of people have been charged with the theft of more than $830 million in COVID-19 emergency aid following a nationwide operation conducted by federal, state and local law enforcement agencies, the U.S. Justice Department announced Wednesday

A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth

The Securities and Exchange Commission (SEC) revealed on August 10, 2023 , that Bittrex Inc., a prominent crypto trading platform, and its co-founder and erstwhile CEO, William Shihara, have reached a settlement over allegations of operating without proper registrations. The charges encompassed operating an unregistered national securities exchange, broker, and clearing agency. Bittrex's international counterpart, Bittrex Global GmbH, was similarly implicated for neglecting to register as a national securities exchange.

The New York Times gave due coverage to the landing of Chandrayaan-3 on moon and carried out couple of article on its website's homepage titled ‘‘India Is on the Moon’: Lander’s Success Moves Nation to Next Space Chapter’ and ‘What’s next for India in space exploration?’. The publication also did a live blog on the event.

By Tom Hals and Helen Coster