Washington Financial News

29.07 / 19:35

Citizens Aware US nurse, child abducted in Haiti, non-profit organization says

WASHINGTON (Reuters) — A U.S. nurse and her child have been kidnapped in Haiti, a faith-based humanitarian aid organization said on Saturday.

29.07 / 15:53

UPS show country cover social $32-Trillion Question: Why More Spending Isn't Better and Debt Matters

While Washington continues a seemingly unbridled spending spree under the assumption “more spending” is better, debts and deficits matter. To better understand the impact of debt and deficits on economic growth, we must know where we came from. The chart shows the 10-year annualized growth rate of the economy over time.

29.07 / 03:41

Citi Cooper country China demands US invite Hong Kong leader to economic meeting, adding to strains over crackdown

China has demanded that the United States invite Hong Kong’s leader to an economic conference following a news report that Chief Executive John Lee would be barred due to his role in crushing the city’s pro-democracy movement

28.07 / 21:05

Aware Parke Highways cover Ford recalls 870,000 F-150 trucks over unexpected parking brake activation

By David Shepardson

28.07 / 20:18

COST FIVE Manufacturing Toyota Highways cover US proposes to hike vehicle fuel economy standards to 58 mpg by 2032

By David Shepardson

28.07 / 19:05

White House cuts 2023 US deficit forecast after student loan forgiveness struck down

WASHINGTON (Reuters) — The White House on Friday revised its fiscal 2023 U.S. budget deficit forecast to $1.543 trillion, a decrease of $26 billion from its March budget forecast, due largely to a major reduction in outlays after the U.S. Supreme Court struck down President Joe Biden's student loan forgiveness program.

28.07 / 18:59

Provident Target Reuters Action country Deal IMF, Argentina reach staff deal on loan reviews to unlock $7.5 billion

By David Lawder and Jorgelina do Rosario

28.07 / 14:27

Waves show performer concert song Seismic Swift: Taylor Swift's concerts in Seattle generate earthquake-like impact, surpassing 'beast quake' record

Taylor Swift's recent concerts in Seattle have caused seismic waves comparable to a 2.3 magnitude earthquake, according to seismologists. The Lumen Field stadium witnessed the superstar's electrifying performances on July 22 and 23, attracting over 144,000 fans and surpassing the previous record known as the 'Beast Quake.' The seismic data from the sell-out shows has left experts awestruck.

28.07 / 14:25

COST UPS Reuters Progressive show Costs US annual inflation slows in June; labor costs cool in second quarter

By Lucia Mutikani

28.07 / 13:39

COST UPS Reuters Fighting shootings Costs US labor costs growth slows in second quarter

WASHINGTON (Reuters) — U.S. labor costs increased less than expected in the second quarter as wage growth cooled a bit, offering a boost to the Federal Reserve in the fight against inflation.

28.07 / 13:35

COST Solar US says largest solar project could be built on Energy Dept land

WASHINGTON (Reuters) — The largest solar U.S. project and other clean energy infrastructure could be built on re-purposed land owned by the Department of Energy, including part of a site contaminated during the production Cold War-era atomic bombs, the agency said on Friday.

28.07 / 13:33

BLOCK Waters Action Strategy country dance GOP measures would undo protections for endangered lesser prairie chicken, northern bat

Congress has approved measures to undo federal protections for the lesser prairie chicken and northern long-eared bat

28.07 / 13:33

COST Amazon CEO country Grocery Stores Costs Amazon cuts jobs in its Fresh Grocery stores as it aims to rein in costs

Amazon is cutting jobs in its Fresh Grocery stores as part of a restructuring plan in the U.S. The company confirmed Thursday that its eliminating “zone lead” roles in its 44 Fresh Grocery stores

28.07 / 13:33

Citi Cooper country China demands US invite Hong Kong leader to economic meeting, adding to strains over crackdown

28.07 / 13:33

UPS POT awards social What to know as recreational marijuana becomes legal in Minnesota on Aug. 1

Minnesotans can legally possess and grow their own marijuana for recreational purposes starting Tuesday, Aug. 1, subject to limits meant to keep a lid on things while the state sets up a full-blown legal cannabis industry

28.07 / 13:33

Reserve The Federal Reserve's preferred inflation gauge dropped in June to its lowest level in more than 2 years

The Federal Reserve's preferred inflation gauge dropped in June to its lowest level in more than 2 years

28.07 / 13:33

COST UPS Lowe's Target track An inflation gauge that is closely tracked by the Fed falls to its lowest level in more than 2 years

A measure of consumer prices that is closely monitored by the Federal Reserve fell last month to its lowest level since March 2021, the latest sign that inflation in the United States is steadily cooling from its once-painful highs

28.07 / 11:20

UPS Citi Manufacturing Apple stage country India sets steady path toward local semiconductor industry

semiconductor sector. Prabu Raja, president of the US company’s semiconductor products group, said India is on its way to becoming a major hub for semiconductor packaging and assembly. That should create a solid foundation for the industry, setting the stage for the country to move into more challenging — and expensive — semiconductor manufacturing.

28.07 / 07:19

UPS FIVE BLOCK Progressive country China's bid to enlarge BRICS membership hits roadblocks

BRICS group of emerging markets to grow its political clout and counter the US, officials with knowledge of the matter said. The countries have raised objections in preparatory talks for a summit in Johannesburg next month where Brazil, Russia, India, China and South Africa will discuss potentially expanding the group to include Indonesia and Saudi Arabia. China has repeatedly lobbied for expansion during those meetings, said the officials, who asked not to be identified as the discussions are private.

28.07 / 06:17

Target Reuters Digital Aware Actor Financial Beware! These Chinese hackers can hack emails, bank accounts, government data and corporate financial data

hacking teams have been recently identified by Western intelligence agencies and cybersecurity groups. These groups are allegedly responsible for digital intrusion campaigns targeting government, military, corporations, and media organizations worldwide. While cybersecurity firms believe many of these teams are backed by the Chinese government, China's authorities have consistently denied any involvement in state-sponsored hacking. They assert that China is also a frequent target of cyberattacks and have referred to the U.S. as an «empire of hacking.» Here are some major hacking teams based out of China.

28.07 / 02:27

Booking Action Racing Strategy country Trump Delete Donald Trump allegedly asked staffer to delete camera footage in Florida classified documents case: Report

AP, the charges accuse him of instructing a staff member to delete camera footage at his Florida property, with the alleged intention of obstructing the federal investigation into his possession of the records. AP further noted that the newly unsealed indictment not only adds new counts of obstruction but also includes charges of willful retention of national defence information.

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