Washington Financial News

27.01 / 21:15

abortion rights NATO Russia sees 'little ground for optimism' in US response on Ukraine crisis

The US rejection of Russia’s main demands to resolve the crisis over Ukraine left “little ground for optimism,” the Kremlin said on Thursday, but added that dialogue was still possible.

27.01 / 16:31

Cardano coinbase community US Community on Alert over Draft Law that Could Give Treasury Sweeping Powers over Crypto

Crypto-advocating lawyers and pro-crypto pressure groups are gearing up for a fresh fight in Washington – as another piece of legislation that could potentially restrict the sector’s ability to grow has appeared on the political landscape. However, one influential lawyer has claimed that the crypto community should “not lose any sleep” over the matter.

27.01 / 13:19

Fighting WTO WTO Arbiter Sides With China in Tariff Fight With U.S.

WASHINGTON—The World Trade Organization on Wednesday authorized China to impose retaliatory tariffs worth $645 million on imports from the U.S. in a decade-old dispute over Chinese subsidies to promote exports of products such as solar panels and steel pipes.

27.01 / 01:23

Adoption IMF Bitcoin Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises

The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”

26.01 / 21:41

NATO film Ukraine crisis: Blinken says US offers no concessions in response to Russian demands

US Secretary of State Antony Blinken has said Washington has made no concessions to the main Russian demands over Ukraine and NATO, in a written response delivered to Moscow on Wednesday.

26.01 / 13:41

UPS Digital coinbase Bitcoin Coinbase rival FTX U.S. valued at $8 billion as investors brace for 'crypto winter'

FTX U.S., the American affiliate of cryptocurrency exchange FTX, said Wednesday it has raised $400 million in its first external fundraising round.

26.01 / 13:11

Adoption IMF Bitcoin Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises

25.01 / 18:10

U.S. Considers ‘Potent’ Export Controls Against Russia

WASHINGTON—The U.S. is prepared to impose sanctions and export controls on critical sectors of the Russian economy if Russian President Vladimir Putininvades Ukraine, U.S. officials said.

25.01 / 17:08

Fallout Inflation, Supply Chain, Omicron Expected to Take a Bigger Toll on Global Growth

WASHINGTON—The pace of economic growth both in the U.S. and globally is likely to decline more sharply than previously expected, the International Monetary Fund says in its latest forecast, citing inflation, fallout from the Omicron variant and chronic supply-chain problems.

25.01 / 01:21

business Mining Electricity Power Crypto miners Fitch Ratings warns of risks crypto miners pose to US power supply

Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power.

24.01 / 15:35

Tax Season 2022 Is Here, and Pandemic-Related Complications Remain

WASHINGTON—It’s that time again. Tax-filing season is here, and the pandemic and its aftereffects are still causing complications. Here’s a guide to what you should expect as you prepare and file your returns.

23.01 / 22:13

Taliban Ukraine: Blinken defends Germany after Kyiv criticises Berlin over Russia stance

US Secretary of State Antony Blinken said on Sunday that he had "no doubts" over Germany's determination to stand up to Russia, after Berlin drew anger in Ukraine over its refusal to supply Kyiv with weapons.

22.01 / 12:19

US sends first shipment of military aid to Ukraine amid standoff with Russia

The United States says the first shipment of military aid promised by President Joe Biden to Ukraine amid the standoff with Russia has arrived in Kyiv.

21.01 / 22:21

States Are Swimming in Cash Thanks to Booming Tax Revenue and Federal Aid

Numerous states are proposing tax rebates and bonuses for public workers as the fiscal doldrums of early 2021 give way to fat times fueled by booming markets, growing incomes and federal aid.

21.01 / 18:43

Democrats Start to Sketch Out Revived Build Back Better Package

WASHINGTON—Democrats began to revive their efforts to pass a major child-care, healthcare and climate package as lawmakers started to accept that they would have to further cater to Sen. Joe Manchin (D., W.Va.) in hopes of reaching a deal on a scaled-back plan.

21.01 / 12:23

Art Blinken and Lavrov convene in Geneva over Ukraine crisis for second round of talks

Round two of US-Russia talks over Ukraine and security start on Friday.

21.01 / 04:03

cryptocurrency Adoption Venezuelan Vice Minister Tells Investors to Pay in Crypto to Dodge Sanctions

A Venezuelan minister has been singing the praises of crypto – and suggesting that the government, which amassed a large bitcoin (BTC) and ethereum (ETH) “stash,” plans to attract international and domestic investors by convincing them to use cryptoassets.

20.01 / 22:37

Digital Bitcoin Fed Launches Review of Possible Central Bank Digital Currency

WASHINGTON—The Federal Reserve on Thursday launched a review of the potential benefits and risks of issuing a U.S. digital currency, as central banks around the world experiment with the potential new form of money to keep pace with private-sector payments innovations.

18.01 / 21:35

UPS Lowe's Digital ROBO Financial Robo-advisors are growing in popularity. Can they really replace a human financial advisor?

Robots want to be your next financial advisor.

18.01 / 17:44

UPS Twitter Fallout Billionaire investor Chamath Palihapitiya says 'nobody cares' about Uyghur genocide in China

WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that «nobody cares» about the ongoing human rights abuses against the Uyghurs in China.

17.01 / 22:31

Kyiv Russian denies looking for pretext to invade Ukraine

Russian Foreign Minister Sergey Lavrov rejected US allegations that Russia is preparing a pretext to invade Ukraine, dismissing the claim as “total disinformation.”

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