Washington Financial News
20.12 / 17:45
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
20.12 / 05:25
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
20.12 / 05:25
UPS
foreign
U.S. Delays Key Step for EV Subsidy Program After Foreign Pushback
WASHINGTON—The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against their companies.
20.12 / 05:25
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
18.12 / 17:07
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
18.12 / 17:07
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
17.12 / 13:41
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
17.12 / 13:41
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
17.12 / 13:15
UPS
Twitter
Platform
European Commission
elon
Twitter reinstates banned journalists after Elon Musk online vote
Twitter owner Elon Musk said he'll reinstate the accounts of several journalists suspended from the social media platform, after Musk accused them of endangering his family.
17.12 / 08:17
business
regulation
Democrats to reportedly return over $1M of SBF's funding to FTX victims
Following the arrest of former FTX CEO Sam Bankman-Fried (SBF), three prominent Democratic groups have reportedly decided to return over $1 million to investors that lost their funds due to misappropriation.
17.12 / 01:35
business
Twitter
Bitcoin
Hal Finney's wife resumes activity on Bitcoin pioneer's Twitter account to avoid potential purge
Fran Finney, the wife of computer scientist Hal Finney — the recipient of the first transaction on the Bitcoin blockchain from Satoshi Nakamoto — reactivated her late husband’s Twitter account amid concerns Twitter CEO Elon Musk might purge the content from the social media platform due to inactivity.
17.12 / 01:03
Twitter
Digital
Aware
Platform
European Commission
UN condemns Twitter's decision to suspend journalists' accounts as EU threatens sanctions
The United Nations and the European Union have condemned Twitter's decision to suspend several journalists covering the social media platform and its new owner Elon Musk.
16.12 / 13:41
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
16.12 / 13:41
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
15.12 / 15:37
U.S. Healthcare-Spending Growth Slowed in 2021, Federal Report Finds
WASHINGTON—Growth in U.S. healthcare spending slowed to 2.7% last year after a 2020 surge in federal outlays on the pandemic, according to a new government report.
15.12 / 15:37
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
15.12 / 14:17
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
15.12 / 12:13
European Union
Football
information
Putin speech delay shows unease over control of Ukraine war information, says ISW
Vladimir Putin's decision to put off until next year a major annual speech to the Russian parliament suggests he "remains uncertain of his ability to shape the Russian information space" as his war in Ukraine continues to crumble, according to a US think tank.
15.12 / 01:03
U.S. Healthcare-Spending Growth Slowed in 2021, Federal Report Finds
WASHINGTON—Growth in U.S. healthcare spending slowed to 2.7% last year after a 2020 surge in federal outlays on the pandemic, according to a new government report.
15.12 / 00:03
business
Blockchain
Technology
Investments
MetaMask to allow users to purchase and transfer Ethereum via PayPal
Digital payments platform PayPal has teamed up with MetaMask parent company ConsenSys to allow MetaMask users to purchase and transfer Ether (ETH) via PayPal’s platform.
14.12 / 22:37
Federal Deficit Widened to a Record $249 Billion Last Month
WASHINGTON—The monthly federal deficit was a record-setting $249 billion in November, $57 billion wider than the same month last year, as Republican control of the House puts the government’s finances back in the political spotlight.
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