Washington Financial News
16.01 / 13:53
markets
COST
security
Trade
Department
donates
International
Treasury nominee plans to say at confirmation hearing that Trump will unleash 'economic golden age'
U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”
16.01 / 05:45
markets
UPS
Manufacturing
economy
Trade
country
electronic
China has a $1 trillion head start in any tariff fight
Subscribe to enjoy similar stories. Donald Trump kicked off a new era of Western economic rivalry with Beijing when he took office in 2017. As he prepares for his second term, China’s dominance of global manufacturing is greater than ever.
16.01 / 02:57
security
wellness
President
peace
Which President will get credit for a Gaza cease-fire?
Subscribe to enjoy similar stories. Protesters on Tuesday Tel Aviv, called for the return of hostages held by Hamas. The finalizing of the cease-fire deal between Israel and Hamas owes much to the impending transfer of power from President Biden to President-elect Donald Trump, sparking a pointed debate over who deserves the credit.
15.01 / 18:39
markets
UPS
JPMorgan
economy
wellness
reports
JPMorgan posts record annual profit as major U.S. banks thrive in final quarter of 2024
WASHINGTON — JPMorgan Chase & Co.‘s net income soared 50 per cent to more than US$14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts. Other major banks reported banner earnings for the year as businesses and consumers continued to spend despite elevated interest rates.
15.01 / 18:21
15.01 / 13:39
markets
COST
UPS
Target
Food
trends
reports
US inflation likely remained sticky-high last month, threatening interest rate cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year
14.01 / 23:07
markets
Digital
Strategy
Election
President
PAM
Interviews
Melania Trump breaks her silence, reveals where she plans to stay during her husband's presidency
Melania Trump has confirmed about her intentions to primarily reside in the White House during her husband US President- elect Donald Trump's upcoming second term as the US President. According to Huffpost, in a pretty recent interview on ‘Fox & Friends’, she actually addressed several speculations about her living arrangements while stating that ‘I will be in the White House’ and also mentioning the fact that she would travel to New York and Palm Beach as needed.
14.01 / 19:45
wellness
The tax deadline for some small businesses affected by disasters in 2024 is drawing near
The tax deadline for some small businesses affected by severe weather in 2024 is drawing near, the IRS is reminding owners
14.01 / 14:13
COST
UPS
Food
track
reports
Department
US producer prices rose 0.2% last month on higher energy costs
U.S. wholesale inflation rose last month on higher energy prices
14.01 / 13:57
markets
Provident
Digital
Strategy
President
Experts
PAM
Feud with her father? Ivanka Trump says she moved to a $24 million Miami mega-mansion to protect her kids from the ‘darkness’ of politics
Ivanka Trump says she left Washington, DC, and moved to a $24 million mega-mansion in Miami to shield her children from the «darkness» of politics.
14.01 / 12:25
COST
UPS
Provident
security
Trade
President
Experts
Canada ready to buy more American products to appease Trump's tariff threat, ambassador says
Canada’s ambassador to Washington says Canada is prepared to buy more from the United States including its next fleet of submarines to appease President-elect Donald Trump's concerns about the U.S.-Canada trade deficit
14.01 / 10:57
markets
Ball
Strategy
President
PAM
Schools
Donald Trump inauguration day a federal holiday in the US? Check full schedule
Donald Trump inauguration day: Donald Trump is set to take the oath of office later this month, kicking off his term as the 47th president of the United States. Trump and his Vice-President elect JD Vance will take office on Monday, January 20 after the inauguration ceremony on the steps of the US Capitol in Washington, D.C. The ceremony will begin at noon local time, and Trump will become president once he takes the oath of office.
13.01 / 17:55
markets
security
Strategy
NVIDIA
Trade
country
reports
White House slaps new curbs on exports of Nvidia AI chips
White House unveiled sweeping new restrictions on the sale of advanced AI chips by Nvidia Corp and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition.
13.01 / 17:29
markets
Digital
Waters
Strategy
Experts
PAM
Unsung heroes of Los Angeles wildfires: The Super Scooper planes that are being used to douse the flames
Los Angeles are eventually engaged in a challenging battle against the destructive wildfires while utilizing the CL-415 Super Scooper which is one of the most effective firefighting aircraft available, reported The Washington Post. These Canadian made amphibious water bombers can actually skim the surface of open water bodies to quickly scoop up and drop large amounts of water directly onto flames.
13.01 / 15:57
markets
Digital
Strategy
Experts
PAM
rowing
'Let's prove any haters wrong': US envoy Eric Garcetti while highlighting India-US people-to-people ties
Eric Garcetti on Monday described the people-to-people contacts as a very significant aspect of broader ties between India and the US amid concerns over the incoming Donald Trump administration's immigration policy. Addressing an event, Garcetti said the US issued more than one million non-immigrant visas to Indians for the second year in a row in 2024 and that the wait times for all visa categories, except first-time visitor visas, had been eliminated.
13.01 / 15:57
markets
CEO
Strategy
President
Experts
performer
Donald Trump inauguration FAQs: A full guide to everything that will happen on 20 January
Donald Trump as the 47th President of the US kicked off with fireworks on Saturday, the inauguration committee announced on Monday. Trump would be sworn in as the US President on January 20, along with J D Vance as the Vice President at the US Capitol in front of thousands of people. Trump, 78, will replace outgoing President Joe Biden, 82.
13.01 / 13:33
13.01 / 07:25
Racing
President
War
Battlefield
testing
Arsenal
The bomb is back as the risk of nuclear war enters a new age
Subscribe to enjoy similar stories. At the end of the Cold War, global powers reached the consensus that the world would be better off with fewer nuclear weapons. That era is now over.
13.01 / 01:49
COST
UPS
cover
reports
Department
shock
Trump speaks truth to wind power
Subscribe to enjoy similar stories. Every once in a while Donald Trump says something that shocks Washington with its blunt truth. So it was during last week’s discursive press conference when he observed that wind power isn’t economic without subsidies.
12.01 / 10:29
markets
UPS
security
TikTok
Xiaomi
show
innovations
The US-China decoupling in the tech sector is hurting both countries
Subscribe to enjoy similar stories. A messy tech breakup between the US and China is forcing a rethink about what the industry might look like for consumers in a decoupled world. Last week, the Pentagon blacklisted internet and gaming giant Tencent Holdings Ltd for alleged links to China’s People’s Liberation Army.
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