Washington Financial News

16.02 / 17:07

UPS Provident Binance CEO Strategy Investigations end Binance prepared for penalties to end US investigations, details inside

Leading crypto exchange Binance is preparing to face penalties in order to resolve outstanding regulatory and law enforcement investigations in the United States.

15.02 / 22:43

COST UPS Fighting Fed’s Inflation Fight Pushes Up Cost of U.S. Debt

WASHINGTON—An era of ultracheap debt is over in Washington as higher borrowing costs widen the U.S. deficit and fuel a partisan clash over raising the debt ceiling and how much borrowing could be too much.

15.02 / 22:43

Where Are Layoffs Declining the Most? States Near the Nation’s Capital

Short supplies of labor have caused many employers to become more reluctant to lay off workers in the past year, especially in the states surrounding the nation’s capital.

15.02 / 21:57

Target EU Starts Discussions on New Export Bans, Sanctions Against Russia

European Union member states started discussions on a new set of economic measures targeting Russia, including proposals for a ban on over $11 billion worth of Russian imports and sanctions against Iranian entities the bloc says is supplying drones to Russia, diplomats said.

15.02 / 21:17

expansion Biden’s Pick for IRS Chief Faces Questions About Agency’s $80 Billion Expansion

WASHINGTON—Danny Werfel, President Biden’s choice to run the Internal Revenue Service, told senators Wednesday that he is committed to focusing tax enforcement on high-income Americans, as lawmakers press him for details on how the agency plans to use the $80 billion Congress gave it last year.

15.02 / 15:13

expansion Biden’s Pick for IRS Chief to Face Questions About Agency’s $80 Billion Expansion

WASHINGTON—Danny Werfel, President Biden’s choice to run the Internal Revenue Service, will tell senators Wednesday that he is committed to focusing tax enforcement on high-income Americans, as lawmakers press him for details on how the agency plans to use the $80 billion Congress gave it last year.

15.02 / 11:25

Fighting Biden Reshapes Economic Team Ahead of Debt-Ceiling Fight, Re-Election Campaign

WASHINGTON—President Biden is remaking his economic team as his administration seeks to tamp down inflation, choosing officials who signal stability and continuity on the policy front ahead of his expected re-election campaign.

15.02 / 10:43

Where Are Layoffs Declining the Most? States Near the Nation’s Capital

Short supplies of labor have caused many employers to become more reluctant to lay off workers in the past year, especially in the states surrounding the nation’s capital.

15.02 / 10:43

COST UPS Fighting Fed’s Inflation Fight Pushes Up Cost of U.S. Debt

15.02 / 00:33

regulation Trading SEC Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority

The Blockchain Association filed an amicus brief Feb. 13 in the United States Securities and Exchange Commission (SEC) case against former Coinbase Global product manager Ishan Wahi and his associates. The advocacy group expressed its support for the defendants’ argument for dismissal, where they claimed the SEC had exceeded its authority in the case. The case alleging unregistered securities sales of nine tokens is being heard in the U.S. District Court of Western Washington.

14.02 / 22:23

Fighting Biden Reshapes Economic Team Ahead of Debt-Ceiling Fight, Re-Election Campaign

WASHINGTON–President Biden is remaking his economic team as his administration seeks to tamp down inflation, choosing officials who signal stability and continuity on the policy front ahead of his expected re-election campaign.

14.02 / 18:31

SPY U.S.-China Trade Grows as Spy Balloon Raises Tensions

WASHINGTON—U.S. commerce with China is on the rise, despite escalating national-security tensions over matters such as last week’s downing of a suspected Chinese surveillance balloon.

14.02 / 18:31

COST UPS Fighting Fed’s Inflation Fight Pushes Up Cost of U.S. Debt

14.02 / 18:31

Where Are Layoffs Declining the Most? States Near the Nation’s Capital

Short supplies of labor have caused many employers to become more reluctant to lay off workers in the past year, especially in the states surrounding the nation’s capital.

14.02 / 13:47

Hack lazarus North Korea’s Lazarus ‘Using New Coin Mixer to Launder Crypto’ – and It’s a ‘Blender Re-brand’

The North Korean hacking group Lazarus has turned to a new crypto mixer named Sinbad, the blockchain analytics firm Elliptic has claimed.

14.02 / 06:11

Provident Software Financial Treasury Says Cloud Computing Poses Risks to Financial Sector

WASHINGTON—The Treasury Department is warning about potential vulnerabilities caused by financial institutions relying on a small number of providers for cloud-computing services, convening a group of U.S. officials to study the issue.

14.02 / 06:11

Where Are Layoffs Declining the Most? States Near the Nation’s Capital

Short supplies of labor have caused many employers to become more reluctant to lay off workers in the past year, especially in the states surrounding the nation’s capital.

14.02 / 06:11

COST UPS Fighting Fed’s Inflation Fight Pushes Up Cost of U.S. Debt

14.02 / 06:11

SPY U.S.-China Trade Grows as Spy Balloon Raises Tensions

WASHINGTON—U.S. commerce with China is on the rise, despite escalating national-security tensions over matters such as last week’s downing of a suspected Chinese surveillance balloon.

13.02 / 19:51

UPS CEO Platform DOJ Seeks Independent Examiner in FTX Fraud Allegations

The Department of Justice's Office of the U.S. Trustee filed a motion with the Delaware Bankruptcy Court seeking the appointment of an independent examiner to investigate potential wrongdoing in the collapse of crypto exchange FTX.

13.02 / 19:24

Twitter Waters CEO FTX Founder Dodges Subpoena, Agrees to Testify in Congress

Sam Bankman-Fried, the founder and former CEO of FTX, will testify Dec. 13 at a congressional hearing related to the collapse of the crypto exchange.

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