Washington Financial News

Subscribe to enjoy similar stories. GÖRLITZ, Germany—When the Cold War ended, European governments slashed their military budgets and spent a windfall of several trillion dollars on social programs—a popular policy with voters when Europe faced few external threats and enjoyed the security protection of the U.S. Now, European nations are finding it difficult to give up those peacetime benefits, even as the war in Ukraine has revived Cold War-era tensions and the U.S.

The possibility of stagflation, or stagnation and inflation, is not off the table after August's inflation numbers were lower than projected.

Vice President Kamala Harris said in Tuesday’s debate that the Biden-Harris administration has overseen “the largest increase in domestic oil production in history″ and warned the U_S_ “cannot over rely on foreign oil."

The Biden administration is cracking down on the cheap products sold out of China by companies such as Temu and Shein

The National Transportation Safety Board says California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons of water to put out flames after a crash

A fake video that ricocheted across the internet claiming tensions between France and the United Arab Emirates after Telegram CEO Pavel Durov’s arrest likely came from Russia

Pilots of an Alaska Airlines jet aborted a takeoff in Nashville to avoid a possible collision with a Southwest Airlines plane

Subscribe to enjoy similar stories. SEOUL—With his ties with Russia strengthening, North Korean leader Kim Jong Un no longer feels the need to hide one of his top-secret nuclear facilities from the outside world. Photos run Friday in North Korean state media showed Kim strolling past rows of metal centrifuges—machines that enrich uranium—with officials by his side.

Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture

Top Biden administration officials have discussed the future of artificial intelligence with a group of executives from OpenAI, Nvidia, Microsoft and other companies

The Fitz-Gerald Group principal Keith Fitz-Gerald discusses the machinist union going on strike against Boeing, his market outlook, and the anticipated Fed policy meeting.

Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee’s sons Donald Jr. and Eric

Tejasvi Surya slammed Congress leader Rahul Gandhi over his remarks and meetings during his visit to the United States and said that he would not be surprised if he held meetings with terrorists someday. Addressing a press conference on Friday, the BJP MP from South Bengaluru said that the comments made by the Lok Sabha LoP over the removal of reservations were quite damaging. He further criticised Gandhi for meetings with "anti-India" elements like Ilhar Omar and alleged that the Leader of the Opposition in the Lok Sabha was holding meetings with Khalistan, Pakistan, China, and Bangladesh agents.

Subscribe to enjoy similar stories. Not long ago America’s main concern with sovereign-wealth funds was how to regulate these large pools of money controlled by foreign governments. Now, seemingly overnight, the hot new idea in Washington, DC, is that America should join the club.

U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week

Several leading artificial intelligence companies pledged Thursday to remove nude images from the data sources they use to train their AI products, and committed to other safeguards to curb the spread of harmful sexual deepfake imagery

The U.S. House this week approved a sweeping package of bills to counter China’s influence

A government investigation into Atlanta Federal Reserve President Raphael Bostic's securities trades and investments has found he violated several of the central bank's ethics policies

Amid the explosion of legal gambling in the U.S., some things have remained off-limits, including betting on the outcome of U.S. elections

Jagdeep Dhankar on Thursday slammed Rahul Gandhi on his statements in the United States. He said that there is nothing more condemnable intolerable than one in Constitutional position becoming part of enemies of the nation, adding that he is «pained and disturbed» that some people in position have no idea of national interest. This comes after Leader of Opposition Rahul Gandhi met with US Congresswoman Ilhan Omar in Washington. The US leader is known to have an anti-Indian stance. Dhankar further said that true «Bharatiyas» would never side with the enemies of the nation. «Imagine, ultimate sacrifice have been given by how many in getting this freedom, in protecting this freedom, in protecting the nation! Our brothers and sisters are also involved in combat position. Mothers have lost their sons, wives have lost their husbands. We can't ridicule our nationalism,» said the vice president.

Ruturaj Gaikwad, will keep the same team, while India B strengthens its squad with Rinku Singh joining Sarfaraz Khan and Musheer Khan. PTI reports that the BCCI has rested several key players ahead of the second round, scheduled to start on September 12. These players were selected for the first Test against Bangladesh. Rishabh Pant, K L Rahul, and Shubman Gill have been given a break, along with Akash Deep, Kuldeep Yadav, Axar Patel, Yashasvi Jaiswal, and Dhruv Jurel. With Shubman Gill in the national team, Mayank Agarwal will captain the India A team. Prasidh Krishna also returns to the India A squad for the upcoming matches and he will closely watched as a pacer option for Border Gavaskar Trophy in Australia.