Washington Financial News

08.07 / 04:21

UPS Williams Manufacturing Unemployment Black unemployment nearly double White joblessness as overall rate falls

StoneX Group Inc. chief market strategist Kathryn Rooney Vera weighs in on the job openings surge from April on 'Making Money with Charles Payne.'

08.07 / 03:21

UPS Target Cooper Williams Fighting Morningstar Support Janet Yellen urges China to support existing institutions to fight climate change

China, as the world's two largest economies, must work together to combat the «existential threat» of climate change, U.S. Treasury Secretary Janet Yellen told Chinese government officials and climate experts on Saturday.

07.07 / 21:19

Airlines Boeing US NTSB probes engine fire on a 737 Max at Newark Airport

WASHINGTON (Reuters) — The U.S. National Transportation Safety Board is probing an engine fire that occurred last week on a Boeing (NYSE:BA) 737 Max plane operated by United Airlines at Newark Liberty International Airport in New Jersey, the agency said in a report on Friday.

07.07 / 18:35

COST UPS Reuters Manufacturing US job gains smallest in 2-1/2 years; labor market still tight

By Lucia Mutikani

07.07 / 17:07

UPS Provident Twitter CEO Platform Action Meta Ceo What is Threads? All your questions about Meta's new Twitter rival, answered

Threads, Meta’s text-based app seemingly built to rival Twitter, is live

07.07 / 17:07

COST Provident Target FIVE Biogen Alzheimer’s drug Leqembi has full FDA approval now and that means Medicare will pay for it

U.S. officials have granted full approval to a closely watched Alzheimer’s drug for patients with early stages of the disease

07.07 / 17:07

COST UPS Lowe's Target U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market

U.S. job openings slipped in May but remained at levels high enough to show the American labor market remains resilient in the face of sharply higher interest rates

07.07 / 14:55

COST Lowe's Target Progressive Puzzle Jobs data one more piece of Fed's July rate hike puzzle

By Howard Schneider

07.07 / 12:55

UPS MET FIVE Cooper Action Enterprise NOT Yellen appeals to China to revive talks and not let technology tensions disrupt ties

Treasury Secretary Janet Yellen has appealed to China’s No. 2 leader not to let frustration over U.S. curbs on access to processor chips and other technology disrupt economic cooperation during a visit aimed at improving strained relations

07.07 / 12:55

COST UPS Provident Man Remark Costs Biden launches a new push to limit health care costs hoping to show he can save money for families

President Joe Biden has rolled out a new set of initiatives to reduce health care costs

07.07 / 12:55

rate hikes US slowed hiring but still added a solid 209,000 jobs in June in sign of a durable labor market despite Fed rate hikes

US slowed hiring but still added a solid 209,000 jobs in June in sign of a durable labor market despite Fed rate hikes

07.07 / 12:55

COST UPS Provident Lowe's US slowed hiring but still added a solid 209,000 jobs in June in sign of economy's resilience

America’s employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, a sign that the economy’s resilience is confounding the Federal Reserve’s drive to slow growth and inflation

07.07 / 12:55

BLOCK Action Biden administration seeks stay of judge's social media order, saying it could cause 'grave harm'

Biden administration attorneys say a Louisiana-based federal judge’s order broadly limiting executive branch communications with social media companies could cause “grave harm” by preventing the government from “engaging in a vast range of lawful and r...

07.07 / 11:31

Manufacturing Microchip China's Xi urges greater innovation amid tech curbs from US

China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies. China should accelerate the upgrades of key technologies and core products, state-run Xinhua news agency reported on Friday, citing Xi during his visit to a company's high-tech manufacturing zone in eastern Jiangsu province.

07.07 / 03:07

MET FIVE ‘Washington wants healthy economic competition’: US Treasury Secy Janet Yellen on China visit

semiconductors and solar panels. The US official was due to meet Friday with China's No.

06.07 / 23:03

UPS Provident Twitter CEO Platform Action Meta Ceo Can I use Threads if I don't have an Instagram account? All your questions about Twitter's new rival, answered

Threads, a text-based app built by Meta to rival Twitter, is live. The app, billed as the text version of Meta's photo-sharing platform Instagram, became available Wednesday night to users in more than 100 countries — including the U.S., Britain, Australia, Canada and Japan. Despite some early glitches, 30 million people had signed up before noon on Thursday, Meta CEO Mark Zuckerberg said on Threads.

06.07 / 20:21

MET FIVE Career Action COP New mission for African American advisor trade group

With the changing demographics in the United States, the financial advice industry may finally be reaching the realization it needs to hire more African American financial advisors, a severely underrepresented group in mainstream wealth management.

06.07 / 19:01

Ford Volkswagen Toyota Hyundai Drop Republican attorneys general urge Biden to drop EPA emissions plan

By David Shepardson

06.07 / 18:43

COST UPS Citi Waters Continental What making the rupee globally acceptable will require on India's part

RBI, which is supposed to have the last word on rupee? The letter made no difference. Punters had the last laugh. Those days, RBI either sharply reacted to such phenomena, or shut its eyes when there was nothing it could do — as it refused to acknowledge the flourishing non-deliverable forward (NDF) market in Singapore, London and New York where big banks took positions on `/$ forwards and settled the trade in dollars.

06.07 / 17:01

Provident Twitter Ford Manufacturing Align Cummins Daimler Deal California, truck manufacturers strike deal on emissions rules

By David Shepardson

06.07 / 16:19

UPS Twitter Target Reuters Platform Apple After hitting 18-month high ahead of launch, Meta stock up 1% after millions sign up on Threads

Elon Musk-owned Twitter, which has seen a series of potential competitors emerge but not yet replace one of social media's most iconic companies, despite its recent struggles. The Threads app went live on Apple and Android app stores in 100 countries and will run with no ads for now. Twitter, by comparison, had 229 million monthly active users in May 2022, according to a statement made before Musk's buyout of the social media platform.

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