Washington Financial News
01.12 / 15:23
Provident
Jerome Powell Signals Fed Prepared to Slow Rate-Rise Pace in December
WASHINGTON—Federal Reserve Chair Jerome Powell provided a clear signal that the central bank is on track to raise interest rates by a half percentage point at its next meeting, stepping down from an unprecedented series of four 0.75-point rate rises aimed at combating high inflation.
01.12 / 14:39
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
WASHINGTON—Most Federal Reserve officials thought they should slow the pace of interest-rate increases after approving a 0.75-percentage-point rate rise at their meeting earlier this month to battle high inflation.
01.12 / 11:13
European Union
Five burning issues on the agenda as Biden welcomes Macron to the US
Roll out the red carpet, Emmanuel Macron has arrived in the United States.
01.12 / 01:09
business
Blockchain
Uber
BUG
Bug Bounty
Coinbase clarifies bug bounty policy in response to Uber extortion verdict
In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict.
30.11 / 21:47
Progressive
Fighting
Remark
CME
rate hikes
interest rate hikes
Fed Chair Powell says smaller interest rate hikes could start in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate.
30.11 / 21:33
Progressive
Jerome Powell Signals Fed Prepared to Slow Rate-Rise Pace in December
WASHINGTON—Federal Reserve Chair Jerome Powell indicated the central bank is on track to raise interest rates by a half percentage point at its next meeting, stepping down from an unprecedented series of four 0.75-point rate rises aimed at combating high inflation.
30.11 / 15:31
U.S. Government to Backstop Mortgages Above $1 Million in High-Cost Areas
WASHINGTON—The federal government is about to backstop mortgages of more than $1 million for the first time in high-cost markets, such as parts of California and New York.
30.11 / 15:31
NOT
U.S. Not Seeking Decoupling From China, Commerce Chief Says
WASHINGTON—The U.S. isn’t seeking to decouple from China, U.S. Commerce Secretary Gina Raimondo will assert Wednesday, even as she emphasizes steps the U.S. is taking to safeguard its technology to ensure its economic competitiveness.
30.11 / 13:43
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
WASHINGTON—Most Federal Reserve officials thought they should slow the pace of interest-rate increases after approving a 0.75-percentage-point rate rise at their meeting earlier this month to battle high inflation.
30.11 / 02:07
Adoption
Investments
Investors should learn from FTX and stop speculating
The FTX collapse marks more than just the failure of another crypto exchange. It signals the time has come for the industry to grow up and embrace value. The value schism is here.
29.11 / 17:01
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
WASHINGTON—Most Federal Reserve officials thought they should slow the pace of interest-rate increases after approving a 0.75-percentage-point rate rise at their meeting earlier this month to battle high inflation.
29.11 / 15:11
Ripple
Fallout
Ukraine War’s Economic Ripples Sow Discord Between Washington, Allies
WASHINGTON—Trans-Atlantic ties are starting to fray as French President Emmanuel Macron and other European leaders chafe at new U.S. policies they say compound economic woes fueled by the war in Ukraine and the resulting energy crisis.
29.11 / 03:13
Forbes
Media
The New York Times
Fried
From the NY Times to WaPo, the media is fawning over Bankman-Fried
Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions of investors, leaving many portfolios completely wiped out.
28.11 / 15:03
Provident
VISA
Deal
end
Backers of Farmworker Visa Overhaul Make Year-End Push for Immigrant Labor Deal
WASHINGTON—Lawmakers, agriculture groups and farmworker organizations are pushing to pass an overhaul of the farmworker visa program through both chambers of Congress before the GOP takes control of the House next year.
28.11 / 07:55
business
Tesla
elon
Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form — which was created as part of a bizarre crypto marketing stunt.
27.11 / 17:53
Provident
VISA
Deal
end
Backers of Farmworker Visa Overhaul Make Year-End Push for Immigrant Labor Deal
WASHINGTON—Lawmakers, agriculture groups and farmworker organizations are pushing to pass an overhaul of the farmworker visa program through both chambers of Congress before the GOP takes control of the House next year.
27.11 / 17:03
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
WASHINGTON—Most Federal Reserve officials thought they should slow the pace of interest-rate increases after approving a 0.75-percentage-point rate rise at their meeting earlier this month to battle high inflation.
26.11 / 18:55
Provident
VISA
Deal
end
Backers of Farmworker Visa Overhaul Make Year-End Push for Immigrant Labor Deal
WASHINGTON—Lawmakers, agriculture groups and farmworker organizations are pushing to pass an overhaul of the farmworker visa program through both chambers of Congress before the GOP takes control of the House next year.
26.11 / 14:37
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
WASHINGTON—Most Federal Reserve officials thought they should slow the pace of interest-rate increases after approving a 0.75-percentage-point rate rise at their meeting earlier this month to battle high inflation.
25.11 / 15:23
Blockchain
regulation
FTX
stake
FTX stake in US bank raises concerns about banking loopholes
The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks from rural Washington has raised fresh concerns about its operations and alleged misuse of banking loopholes.
25.11 / 14:39
Provident
VISA
Deal
end
Backers of Farmworker Visa Overhaul Make Year-End Push for Immigrant Labor Deal
WASHINGTON—Lawmakers, agriculture groups and farmworker organizations are pushing to pass an overhaul of the farmworker visa program through both chambers of Congress before the GOP takes control of the House next year.
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