Washington Financial News

12.07 / 13:03

US consumer inflation reaches 3%, lowest level in more than 2 years, reflecting a steady slowdown in price pressures

12.07 / 13:03

FIVE Aviat Boeing plane Delta Investigators say a broken part in the landing gear prevented a Delta plane from landing normally

Investigators say a broken part inside the nose landing gear of a Delta plane forced pilots to make a skidding, nose-down landing last month in Charlotte, North Carolina

12.07 / 13:03

Manufacturing CEO Action Align Ozon EPA sets stricter limits on hydrofluorocarbons used in refrigerators, air conditioners

The Environmental Protection Agency is enforcing stricter limits on hydrofluorocarbons, highly potent greenhouse gases used in refrigerators and air conditioners that contribute to global warming

12.07 / 13:03

UPS Waters CEO ExxonMobil Deal Iraq moves toward easing its energy crisis with $27B TotalEnergies deal, but challenges remain

A multibillion-dollar agreement signed with France’s TotalEnergies could help resolve Iraq’s longstanding electricity crisis

12.07 / 13:03

COST UPS Target US inflation falls to 3%, lowest level in more than 2 years, as price pressures ease

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier — a sign that the Federal Reserve’s interest rate hikes have steadily slowed price...

12.07 / 13:03

Facebook COST Target BLOCK Software lawmakers 3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say

Some congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years

12.07 / 13:03

COST UPS Lowe's Fighting A Biden plan cuts student loan payments for millions to $0. Will it be the next legal battle?

This summer, millions of Americans with student loans will be able to apply for a new repayment plan that offers some of the most lenient terms ever

12.07 / 12:51

Target Digital Cooper Booking Progressive Pool Deal Negotiators See Global Deal on Taxing Big Tech Companies Within Reach

Negotiators trying to hammer out a global deal to change how and where large technology companies are taxed failed to reach an agreement this week, but participants said they are close enough for now to avert a damaging alternative: a new trade war between the U.S. and Europe. Meeting on Monday and Tuesday in Paris, tax officials from 143 jurisdictions had hoped to seal an agreement on a new way to dividethe taxes levied on the profits of about100 of the world’s biggest companies.

12.07 / 11:35

COST UPS SEC JPMorgan Chase money market Money market funds to avoid new ‘swing pricing’ rules

Money-market funds are set for a reprieve on “swing pricing” as Wall Street’s top regulator wraps up rules aimed at stemming rapid outflows during times of financial stress.

12.07 / 08:33

COST UPS Provident Manufacturing A new world order seeks to prioritise security and climate change

Climate change was a distant threat. Allowing countries like China or Russia into the global economy was widely seen to be beneficial for both them and their Western trading partners. As the two countries grew they would surely adopt market economics and, ultimately, democracy.

12.07 / 03:21

UPS Lowe's Twitter FIVE Manufacturing Toyota Trump GM defends US investment following Trump jabs over Ohio plant

Washington Examiner writer Tiana Lowe on President Trump's criticism of General Motors over the automaker's decision to close its plant in Lordstown, Ohio and the potential impact of Trump's threat of more auto tariffs.

12.07 / 00:15

BLOCK Reuters CEO Racing Deal ‘No longer required’: Greg Norman sacked in LIV golf deal

Washington | Saudi Arabia’s sovereign wealth fund has agreed to invest more than $US1 billion ($1.5 billion) in a new commercial entity controlled by the PGA Tour, and Greg Norman will be ousted as the CEO of LIV Golf if the business deal between the Saudis and the tour is finalised, a tour executive told US Congress on Tuesday (Wednesday AEST).

11.07 / 18:47

Williams Action Fine Six states impose $4.2M fine on Raymond James for excessive fees

Six states ordered Raymond James to pay $4.2 million in fines and penalties and return $8.25 million to retail customers who were charged excessive commissions for small-dollar trades.

11.07 / 18:29

Reuters Amazon Manufacturing Nike Adidas lawmakers Bipartisan lawmakers question Milwaukee Tool on alleged forced labor in supply chain

By Katherine Masters

11.07 / 16:53

Matthews SPY US is sanctioning the pro-Russian head of Serbian intelligence for alleged corruption

The U.S. has imposed sanctions on the pro-Russian head of Serbian intelligence

11.07 / 16:31

Platform UBS Adventure NHL Credit Suisse investor makes Monumental investment in NBA, NHL teams

When U.S. investors like Chicago-based Harris Associates started bailing from troubled Credit Suisse earlier this year, one giant global investor doubled its holdings to become the bank’s second-biggest shareholder after the Saudi National Bank.

11.07 / 16:13

FIVE Reuters Tesla Highways EV charger maker Tritium wins order from Hawaii under federal funding program

By Abhirup Roy

11.07 / 15:35

Microsoft Deal Activision US judge rules Microsoft deal to buy Activision can go forward

WASHINGTON (Reuters) — A U.S. judge ruled on Tuesday that Microsoft (NASDAQ:MSFT) may go forward with its planned acquisition of blockbuster videogame maker Activision Blizzard (NASDAQ:ATVI), turning aside antitrust enforcers' request for a preliminary injunction to temporarily stop the $69 billion deal.

11.07 / 14:05

regulation us government Senate Senators US Senators to have classified AI briefing at the White House

Senators in the United States will be briefed by the White House regarding artificial intelligence (AI) as lawmakers continue to mull over regulations for the technology.

11.07 / 10:45

UPS Strategy restrictions White House lays out effort against animal sedative xylazine but doesn't call for new restrictions

Federal officials are calling for more testing and research on xylazine, the powerful animal sedative that’s spreading through the nation’s illicit drug supply

11.07 / 10:39

UPS Target Williams Progressive Gap Assurant rate hikes Fed officials sound hawkish tone on rate hikes

Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to bring inflation back to the central bank’s goal.

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