Washington Financial News
06.02 / 19:13
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.
06.02 / 13:57
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.
06.02 / 13:17
UPS
Ethereum
ETH
Provident
BTC
Digital
Bitcoin
Support
Bitcoin Price and Ethereum Prediction: Can BTC and ETH Bounce Back From Double Bottom Support Levels?
Crypto markets have seen huge swings over the past few weeks, with Bitcoin and Ethereum prices suddenly increasing and decreasing. This has been a turbulent time for investors in the digital currency space.
05.02 / 23:23
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.
05.02 / 02:41
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.
04.02 / 20:29
business
FTX
Bankruptcy
FTX-tied townhouse in Washington DC unlisted: Report
A property linked to Sam Bankman-Fried's political spending was pulled off the market by the seller as a sign of "good faith" after being linked to FTX customer funds, the Wall Street Journal reported.
04.02 / 19:01
Cooper
Deal
Global Minimum Tax Deal Advances With Partial Reprieve for U.S.-Based Companies
WASHINGTON—The U.S. prodded other major countries to agree to a coordinated global corporate tax increase. Now, international officials are moving ahead with their tax increases while giving U.S. companies a temporary break from some tax hikes in hopes of prompting the U.S. to implement the deal.
04.02 / 13:33
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.
03.02 / 17:15
UPS
Provident
Fighting
Social Security, Medicare Cuts Sidelined in Debt-Ceiling Talks
WASHINGTON—Republicans are backing away from proposals to reduce spending on Social Security and Medicare as they enter talks with Democrats over raising the nation’s borrowing limit, sidelining for now a politically perilous fight over how to best firm up the finances of the popular benefit programs.
03.02 / 14:35
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.
03.02 / 14:35
Cooper
Deal
Global Minimum Tax Deal Advances With Partial Reprieve for U.S.-Based Companies
WASHINGTON—The U.S. prodded other major countries to agree to a coordinated global corporate tax increase. Now, international officials are moving ahead with their tax increases while giving U.S. companies a temporary break from some tax hikes in hopes of prompting the U.S. to implement the deal.
03.02 / 13:35
UPS
global economy
IMF Upgrades Outlook for Global Economy as Inflation Eases and China Reopens
WASHINGTON—Resilient demand, easing inflation and China’s reopening should allow the global economy to grow a bit faster than previously expected, the International Monetary Fund said.
02.02 / 21:59
Cooper
Deal
Global Minimum Tax Deal Advances With Partial Reprieve for U.S.-based Companies
WASHINGTON—The U.S. prodded other major countries to agree to a coordinated global corporate tax increase. Now, international officials are moving ahead with their tax increases while giving U.S. companies a temporary break from some tax hikes in hopes of prompting the U.S. to implement the deal.
02.02 / 19:47
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.
02.02 / 15:59
UPS
global economy
IMF Upgrades Outlook for Global Economy as Inflation Eases and China Reopens
WASHINGTON—Resilient demand, easing inflation and China’s reopening should allow the global economy to grow a bit faster than previously expected, the International Monetary Fund said.
02.02 / 15:59
Provident
National
Democrats Revive Push for National Paid Family Leave Policy
WASHINGTON—Democrats are renewing their push for a national paid time off policy for medical reasons and caregiving, despite long odds of passing such legislation in the newly divided Congress.
01.02 / 16:03
UPS
global economy
IMF Upgrades Outlook for Global Economy as Inflation Eases and China Reopens
WASHINGTON—Resilient demand, easing inflation and China’s reopening should allow the global economy to grow a bit faster than previously expected, the International Monetary Fund said.
01.02 / 16:03
U.S. Pursues India as a Supply-Chain Alternative to China
WASHINGTON—The Biden administration is turning to India for help as the U.S. works to shift critical technology supply chains away from China and other countries that it says use that technology to destabilize global security.
31.01 / 19:35
UPS
global economy
IMF Upgrades Outlook for Global Economy as Inflation Eases and China Reopens
WASHINGTON—Resilient demand, easing inflation and China’s reopening should allow the global economy to grow a bit faster than previously expected, the International Monetary Fund said.
31.01 / 04:47
UPS
global economy
IMF Upgrades Outlook for Global Economy as Inflation Eases and China Reopens
WASHINGTON—Resilient demand, easing inflation and China’s reopening should allow the global economy to grow a bit faster than previously expected, the International Monetary Fund said.
26.01 / 14:51
vice chair
White House Considers Fed Vice Chair for Role as Biden’s Top Economic Adviser
WASHINGTON—President Biden is strongly considering Federal Reserve Vice Chair Lael Brainard to become the next head of the National Economic Council, according to administration officials and others familiar with the matter, at a crucial period for the U.S. economy amid recession concerns and as the president prepares to seek re-election.
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