Washington Financial News

17.11 / 05:33
Booking Exodus audience Discrimination Interviews Ta-Nehisi Coates's ‘The Message’: Educating Americans about the reality of Israel
Subscribe to enjoy similar stories. A decade ago, in June 2014, The Atlantic published The Case for Reparations, Ta-Nehisi Coates’s much-lauded essay about housing and financial discrimination against African Americans.
17.11 / 02:41
markets Digital Experts PAM country Arsenal Biden, Xi agree that humans, not AI, should control nuclear arms
Joe Biden and Chinese President Xi Jinping agreed on Saturday that human beings and not artificial intelligence should make decisions over the use of nuclear weapons, according to the White House. «The two leaders affirmed the need to maintain human control over the decision to use nuclear weapons,» the White House said in a statement. «The two leaders also stressed the need to consider carefully the potential risks and develop AI technology in the military field in a prudent and responsible manner.» An official Chinese government summary of the meeting echoed this point. The Chinese foreign ministry did not immediately respond to a request for comment.
17.11 / 00:19
UPS Provident Assurant security Bill social reports What to know about the congressional push to expand Social Security benefits
The House passed legislation that would provide full benefits to millions.
17.11 / 00:19
Career CEO Align Boeing PINK wellness reports Boeing issues layoff notices to 400-plus workers as it begins drastic cuts
Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its m...
16.11 / 05:47
UPS economy Food wellness show reports Retail sales up solidly in October as Americans showed continued willingness to spend
Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth
16.11 / 05:01
Fox Action President stage Courts Interviews Trump’s top team sets stage for White House power grab
Subscribe to enjoy similar stories. WASHINGTON—In naming a set of unconventional nominees to run federal departments, Donald Trump this week also took steps to push for a broader goal: realigning the balance of power among Washington’s major institutions so that more authority flows from the White House.
16.11 / 04:49
markets Fox Strategy Experts reports shock Investigations Trump defense pick Hegseth accused of 2017 sexual assault
Donald Trump's most controversial cabinet picks just became even more so: Pete Hegseth, tapped for defense secretary earlier this week, was accused of sexual assault in 2017, according to police. No charges were filed in the case, but shocked Trump transition team officials are nonetheless reportedly weighing next steps for the Fox News host, whose nomination took many in Washington by surprise. President-elect Trump nominated the 44-year-old National Guard veteran on Tuesday to run the world's most powerful military, despite having never managed a large organization.
15.11 / 22:07
Fighting security Software economy Election innovations Department Trump names Interior-designee Doug Burgum to head new White House council on energy
President-elect Donald Trump said Friday that North Dakota Gov. Doug Burgum, Trump’s choice to head the Interior Department, will also head a newly created National Energy Council that will seek to establish U.S. “energy dominance” around the world
15.11 / 18:15
markets Fighting Strategy President Experts Schools Donald Trump 'more nuanced' on Ukraine than assumed: German Chancellor Olaf Scholz
Donald Trump privately held «more nuanced» positions on Ukraine, days after he spoke with the president-elect of the United States by phone. Trump's reelection in last week's US presidential vote has raised concerns he could withdraw Washington's significant support for Ukraine once back in the White House. On the campaign trail, the Republican claimed he could end the fighting within hours and that he would talk directly with Russian President Vladimir Putin.
15.11 / 14:51
FIVE Bitfinex Action Cybercrime Experts Bitcoin Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison
A computer expert who stole bitcoin worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — has been sentenced to five years in prison
15.11 / 12:01
markets UPS Target economy Remark performer rights Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
SlateStone Wealth chief market strategist Kenny Polcari discusses Fed Chair Powells job performance and the steps Trump will take to expand the economy on Varney & Co.
15.11 / 10:27
Target economy Remark Election President track Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next
15.11 / 08:37
markets Digital Experts War PAM reports Trade war under Trump 2.0 may subside if China agrees to shift few of its manufacturing units to US: Jefferies
It said, «the return of the Donald to the White House offers an opportunity for Beijing to negotiate a new deal with Washington, which would probably include China indicating a willingness to move some production to America». On the continued war between Russia and Ukraine, the report noted that a deal could have been signed in the past on an agreement that Ukraine would not join NATO.
15.11 / 08:15
UPS economy Election pandemic reports Department US wholesale inflation picks up slightly in sign that some pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure
15.11 / 08:15
Waters security reports travelers Department recommendations guidelines Homeland Security Department releases framework for using AI in critical infrastructure
The Biden administration has released guidelines for using artificial intelligence in the power grid, water system, air travel network and other pieces of critical infrastructure
15.11 / 08:15
Food Bill Universities show social information patient New FDA rules for TV drug ads: Simpler language and no distractions
Drugmakers are required to be clearer about explaining risks and side effects.
15.11 / 06:07
markets UPS Digital Experts Justice testing Donald Trump is already testing Congress and daring Republicans to oppose him
Trump and Republicans call a «mandate» to govern, an uneasy political question is emerging: Will there be any room for dissent in the U.S. Congress? Trump is laying down a gauntlet even before taking office challenging the Senate, in particular, to dare defy him over the nominations of Matt Gaetz, Robert F. Kennedy Jr. and other controversial choices for his Cabinet and administration positions. The promise of unified government, with the Republican Party's sweep of the White House and GOP majorities in the House and Senate, is making way for a more complicated political reality as congressional leaders confront anew what it means to line up with Trump's agenda.
15.11 / 03:55
security Election SPY President Interviews Tulsi Gabbard questioned US Intelligence. Now she is Trump’s pick for top Intelligence role.
Subscribe to enjoy similar stories. President-elect Donald Trump’s pick to lead powerful U.S. spy agencies has often seemed to embrace Washington’s adversaries and questioned key American intelligence judgments, raising alarm among veteran intelligence officials and the wider national security establishment.
14.11 / 12:15
UPS economy Remark Research President rights Top Federal Reserve official defends central bank's independence in wake of Trump win
A Federal Reserve official has given a lengthy defense of the central bank's political independence
14.11 / 11:35
Action security NVIDIA reports Courts wrestling Supreme Court seems likely to allow class action to proceed against tech company Nvidia
The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency
14.11 / 10:15
markets Trade President War rights International United Nations faces uncertainty as Trump returns to US presidency
United Nations and other international organizations are bracing for four more years of Donald Trump, who famously tweeted before becoming president the first time that the 193-member UN was «just a club for people to get together, talk and have a good time.» In his first term, Trump suspended funding for the U.N. health and family planning agencies, withdrew from its cultural organisation and top human rights body, and jacked up tariffs on China and even longtime U.S. allies by flaunting the World Trade Organization's rulebook. The United States is the biggest single donor to the United Nations, paying 22% of its regular budget. Trump's take this time on the world body began taking shape this week with his choice of Republican Rep. Elise Stefanik of New York for US ambassador to the UN. Stefanik, the fourth-ranking House member, called last month for a «complete reassessment» of US funding for the United Nations and urged a halt to support for its agency for Palestinian refugees, or UNRWA. President Joe Biden paused the funding after UNRWA fired several staffers in Gaza suspected of taking part in the Oct 7, 2023, attack led by Hamas.

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