Washington Financial News
17.08 / 11:03
UPS
FIVE
Manufacturing
country
U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada
International Trade Commission launched the investigation in January in response to a petition from the United Steelworkers union and Ohio-based Cleveland-Cliffs, which owns one of the few remaining tinplate plants in the U.S. They said cheap steel imports were hurting U.S. steelmakers and domestic jobs.
17.08 / 10:27
17.08 / 10:15
Lowe's
Ball
Manufacturing
DAX
Fitch
show
European stocks lower on hawkish Fed minutes, China's woes; BAE slumps
Investing.com — European stock markets traded lower Thursday on growing worries around China’s stuttering economy and the potential for higher U.S. interest rates.
17.08 / 10:15
17.08 / 08:15
UPS
Lowe's
Manufacturing
show
track
Dollar near two-month highs after Fed minutes; yen remains weak
Investing.com — The U.S. dollar edged lower in early European trade Thursday but remains trading near two-month highs after the minutes from the last Federal Reserve meeting offered a hawkish slant.
17.08 / 07:25
Assurant
performer
country
Cash-strapped Sri Lanka to receive help from China ahead of IMF bailout plan in September
Cash-strapped Sri Lanka is likely to get help from its largest bilateral creditor China ahead of IMF's bailout plan. According to the PTI agency report, China has assured the island nation it will address the debt challenges before it finalises the external and domestic debt restructuring of $41 billion by September before the International Monetary Fund (IMF). The IMF is set to conduct its first review of the $2.9 billion bailout granted to Sri Lanka in March this year from 11-19 September.
17.08 / 04:41
17.08 / 00:57
COST
Target
Merit
Remark
Patrick
show
Fed saw 'significant' inflation risk that may merit more hikes
Federal Reserve officials at their last meeting largely remained concerned that inflation would fail to recede and suggested they may continue raising interest rates. «Most participants continued to see significant upside risks to inflation, which could require further tightening of monetary policy,» according to minutes of the US central bank's July 25-26 policy meeting published Wednesday in Washington.
16.08 / 23:07
16.08 / 21:43
COST
UPS
Provident
Target
Progressive
track
rate hikes
Threat
Reserve
Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes
Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting
16.08 / 20:31
16.08 / 19:51
Provident
US says working to identify alternative paths for Ukraine grain exports
By Humeyra Pamuk and Daphne Psaledakis
16.08 / 19:05
Citi
Target
Action
Battlefield
US slaps sanctions on entities over alleged arms deals between North Korea, Russia
WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on three entities it accused of being tied to arms deals between North Korea and Russia as Washington cracked down on those seeking to support Russia's war in Ukraine.
16.08 / 18:13
FIVE
Nov
Michigan State University plans to sell alcohol at four home football games
The Michigan State University Board of Trustees on Wednesday authorized the school to request liquor licenses to sell alcohol at four football games beginning with a Sept. 16 game against the University of Washington
16.08 / 18:13
16.08 / 14:37
Citi
Williams
Patrick
show
rate hikes
end
Fed meeting minutes could hint at end of rate hikes
By Howard Schneider
16.08 / 13:49
New Crypto Lobbyist Group Emerges in Washington, Seeks to Allay Misconceptions in the Sector
Cryptocurrency miners are getting a dedicated mining lobbyist group tasked with dispelling fears around the activity among citizens and policymakers.
16.08 / 11:17
16.08 / 11:17
Waves
Manufacturing
Racing
Continental
show
country
blues
Race to Control Electric-Vehicle Supply Chains Leads to Africa
lithium that are key to the energy transition. That has led to growing concerns among Western governments, including in Washington, about their dependence on Beijing. Now, some Western companies and investors are starting to build processing plants in Africa so they can refine the raw materials they mine on the continent locally and export them directly to Europe and the U.S.
16.08 / 07:53
UPS
Manufacturing
Apple
Align
country
iPhone 15
Apple' Foxconn commences production of iPhone 15 in Tamil Nadu, strengthening operations in India: Report
Foxconn Technology Group in Sriperumbudur, Tamil Nadu is gearing up to dispatch the latest iPhone units shortly after their initial rollout from Chinese factories, reported Bloomberg. This move is aimed at rapidly ramping up the quantity of new iPhones manufactured in India, according to individuals acquainted with the situation. As per the report, Apple is engaged in a multiyear initiative to broaden its manufacturing beyond China.
16.08 / 05:55
Blockchain
Mining
regulation
Bitcoin
Washington DC
Lobby
Crypto mining lobby group to dispel misconceptions in Washington DC: Founder
The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers.
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