Washington Financial News

Boeing is announcing layoffs

Bitcoin (BTCUSD) rose Monday, lifting shares of Coinbase Global (COIN) and other stocks linked to the cryptocurrency. 

North Korea was preparing to blow up all sorts of connecting roads which connects it with South Korea amid the rising tensions over some alleged drone activities, reported NBC News. North Korea has claimed that drones sent by South Korea have been seen flying over its capital Pyongyang which are dropping propaganda leaflets critical of their leader, Kim Jon-Un. According to NBC News, North Korea in response has ordered all its military units to stay alert and to be ready to fire when required while demolishing roads which crosses the heavily fortified border. North Korea’s military has accused the South Korean administration of conducting these drone operations on three different occasions recently while labelling them as a serious provocation. Also Read: The Wild Robot: Check out animated film’s digital, blu-ray and ultra 4K HD DVD release date

US Senator Cynthia Lummis, the first US senator to own crypto, is now proposing that the United States should create a national Bitcoin reserve to secure the country’s financial future and leadership in global finance. In its boldness and potential to help the United States lead in the “next financial frontier, she likens it to the Louisiana Purchase.

While he runs for president, Trump has launched a new venture to trade cryptocurrencies - promoting them on the same social media accounts that he uses for his campaign.

Iran said Monday it currently sees «no grounds» for its indirect talks with the United States via intermediary Oman, citing the crisis in the Middle East. In June, Tehran said it had engaged in indirect talks with Washington via Muscat, despite the two countries having no diplomatic relations. US news website Axios reported at the time that officials from Iran and the United States held indirect talks in Oman «on how to avoid escalating regional attacks».

Americans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday

FOX Business' Lydia Hu has more on the impact caused by Hurricane Helene's devastation on 'Varney & Co.'

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding on a half percentage point move in an effort to balance confidence on inflation with worries over the labor market, according to minutes released Wednesday.

Check out what's clicking on FoxBusiness.com.

The Royal Swedish Academy of Sciences has awarded the Nobel Prize in chemistry to David Baker, Demis Hassabis and John Jumper for their work with proteins

Social Security recipients are expected to receive a smaller cost-of-living increase in January than in recent years as inflation moderates

Thousands of copies of Donald Trump’s “God Bless the USA” Bible were printed in China, a country that the former president has repeatedly accused of stealing American jobs and engaging in unfair trade practices

Former JPMorgan Chase chief economist Anthony Chan reacts to Kamala Harris saying it will be her 'Day One priority' to bring down prices despite already being in office on 'Varney & Co.'

Joe Biden's visit to the storm-ravaged states in the South this week was an event that's become increasingly rare for the president.

The Supreme Court on Monday rejected an appeal from Martin Shkreli, who was once dubbed “Pharma Bro” after jacking up the price of a lifesaving drug

As the U.S. trade representative, Katherine Tai is legally required to avoid discussing this year’s presidential election

A federal judge said the Federal Trade Commission can proceed with its landmark antitrust lawsuit against Amazon

No one is likely to be happy with projected higher deficits new analysis finds.

The Supreme Court says it won't hear an appeal from the social media platform X over a search warrant prosecutors obtained in the election-interference case against former President Donald Trump

Dentists say unlicensed practitioners offering cheap dental veneers are putting patients at risk