Washington Financial News

10.02 / 02:15

Blockchain CFTC regulation SEC security interview Ethereum co-founder Joe Lubin says no chance ETH is classed as security

Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether (ETH) won’t be classified as a security in the United States.

09.02 / 18:35

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.

09.02 / 16:37

EU leaders headed for showdown over US’ sustainability subsidies

BRUSSELS—European leaders meeting here on 9 February are set to clash over how to respond to new environmental subsidies in the US, in a debate that pits some of the bloc’s wealthier members against those that are less able or willing to spend heavily on industrial support.

09.02 / 15:39

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.

09.02 / 13:37

U.S.-China Tensions Are High. So Is Commerce Between the Nations.

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.

09.02 / 08:57

business Blockchain Adoption goldman sachs Bitcoin BNY US banking giant BNY Mellon says digital assets are 'here to stay'

Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon) is adamant that the cryptocurrency market fall in 2022 won’t waver institutional interest in digital assets.

08.02 / 22:57

Best crypto to buy today GRT The Graph FGHT CCHG MEMAG Best Crypto to Buy Today 8 February – MEMAG, GRT, FGHT, AGIX, CCHG

Bitcoin's recent uptrend has sparked discussions among investors and traders about the future of the world's largest cryptocurrency by market capitalization. After recording a 5-day streak of negative closes, Bitcoin rebounded with a 2.14% increase in value yesterday. This surge in price is largely due to favorable macroeconomic conditions. In this investment climate, what are the best cryptos to buy today?

08.02 / 18:27

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

08.02 / 16:53

Lowe's Joe Biden Pushes Economic Gains, Jousts With GOP in State of the Union Speech

WASHINGTON—President Biden used his State of the Union address to try to sell Americans on his economic agenda and called for renewed bipartisanship, but his appeals for unity were punctuated by Republican lawmakers’ loud objections to his remarks.

08.02 / 15:23

Provident Software services Financial Treasury Warns of Risks to Financial Sector in Cloud-Computing Services

08.02 / 12:47

UPS Fed Slows Its Tightening With Quarter-Point Interest Rate Rise

WASHINGTON—The Federal Reserve nudged up short-term interest rates by a quarter-percentage point and signaled it was on track to do so again at its meeting next month while officials consider whether and when to pause increases late this spring.

08.02 / 06:35

Ethereum BTC Progressive CEO CoinMarketCap Remark Bitcoin Bitcoin Price Prediction as BTC Sees $30 Billion Trading Volume Come In – How High Can BTC Go?

Bitcoin, the world's largest cryptocurrency by market capitalization, has seen a surge in trading volume over the past few months, with more than $30 billion worth of bitcoin traded daily. This has led many investors and traders to question where the price of bitcoin is headed and what the future holds for this highly volatile asset.

07.02 / 20:53

Remark Fed’s Jerome Powell to Address Economic Outlook, With Hiring Surge in Spotlight

Federal Reserve Chairman Jerome Powell‘s public remarks Tuesday could offer clues about whether the labor market’s surprising strength has affected his views about the likely path of central-bank interest-rate increases.

07.02 / 20:53

Manufacturing Racing Commerce Officials to Detail Chips Act Application Process This Month

WASHINGTON—The Commerce Department plans to release details on how companies can apply for subsidies to help expand domestic semiconductor production under the Chips Act later this month, setting off a race among U.S. and foreign manufacturers vying to get a piece of $52.7 billion in federal funds.

07.02 / 20:53

Lowe's Biden to Tout Economic Gains in State of the Union

WASHINGTON—President Biden will make the case to skeptical Americans that his policies are benefiting the economy and call for unity as he faces a new era of divided government and a spate of investigations from Republican lawmakers.

07.02 / 18:59

UPS Fed Slows Its Tightening With Quarter-Point Interest Rate Rise

07.02 / 17:37

boost Top GOP Tax Legislator Says He’ll Boost Workers, Probe Companies

WASHINGTON—Rep. Jason Smith (R., Mo.), the House’s new top tax writer, is promoting an approach he says would favor working-class Americans over large corporations, a shift in tone from his predecessors that raises questions about companies’ ability to push tax cuts through Congress.

07.02 / 16:27

Carlyle Carlyle earnings tumble 80% in tough final quarter

Carlyle reported a roughly 80% drop in net income during the quarter ending 31 December from the same period a year ago, while its total assets grew to $373bn, thanks largely to growth in its global credit strategy.

07.02 / 11:35

UPS Ethereum ETH BTC Lowe's Bitcoin Bitcoin Price and Ethereum Prediction: What Powell's Speech Could Mean For Crypto Prices?

Bitcoin is on a continuous fall, trading at about $22,886 early Tuesday morning. On the other side, Ethereum has recently been able to maintain stability at the $1,600 mark. Market players are concerned following Friday's surprisingly positive job data. While investors await the Fed chairman's address later today.

07.02 / 09:27

Law regulation SEC coinbase Court Former Coinbase manager slams SEC in motion to dismiss insider trading case

A former product manager at cryptocurrency exchange Coinbase has moved to dismiss charges of alleged insider trading, with his lawyers arguing the tokens he allegedly traded were not securities.

06.02 / 21:23

Dogecoin Ethereum XRP Cardano S&P 500 Bitcoin Dollar Price analysis 2/6: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

The United States dollar index (DXY) has started a strong recovery and its rise is putting pressure on Bitcoin (BTC) and the S&P 500 (SPX) index. The market participants will be keenly watching for any insights on future rate hikes when the Federal Reserve Chairman Jerome Powell speaks before the Economic Club of Washington on Feb. 7.

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