Washington Financial News

14.12 / 13:47
markets CEO Fighting economy Election President The political skirmish over Trump’s AI order is just the beginning
Subscribe to enjoy similar stories. WASHINGTON—In one of the first big political tests of AI, Big Tech won. But the fight has given new signals of populist opposition to technology that holds the promise of eliminating lots of jobs.
14.12 / 10:21
markets Fighting War country Courts Updates Border flare-ups between Thailand and Cambodia seem endless: Can Asean do something?
Renewed hostilities between Thailand and Cambodia are a wake-up call for Southeast Asia about the costs of letting historical border disputes fester. The century-old conflict, rooted in colonial-era cartography, is flaring at a time when the region is already straining from US President Donald Trump’s trade war and intensifying rivalry between the US and China.Fighting erupted last week along their shared frontier and so far has killed at least 11 people.
14.12 / 09:21
Citi Election President country reports peace Zelensky attempts to rewrite Trump’s peace plan rather than reject it
Subscribe to enjoy similar stories. KYIV, Ukraine—President Volodymyr Zelensky, with the help of his European allies, has carefully crafted a response to President Trump’s peace plan that essentially boils down to: Yes, but… Zelensky is prepared to hold elections, but would need a cease-fire. He says Russia can maintain some involvement in Europe’s largest nuclear plant, which it currently occupies, but Ukraine and the U.S.
14.12 / 08:07
markets COST economy Election President country Interviews Trump isn’t certain his economic policies will translate to midterm wins
Subscribe to enjoy similar stories. WASHINGTON : President Trump conveyed uncertainty about whether Republicans would maintain control of the House in next year’s midterm elections because some of his economic policies have yet to take full effect. During an interview with The Wall Street Journal on Friday in the Oval Office, the president touted his efforts to secure multibillion-dollar investments in the U.S., arguing that the money will help transform the American economy.
10.12 / 07:35
markets Food Trade President country Courts India-US trade deal: Relief today shouldn't come at the cost of autonomy tomorrow
A US trade delegation reached India this week with the aim of concluding a long-anticipated trade agreement. Coming close on the heels of Russian President Vladimir Putin’s visit to New Delhi that resulted in a five-year India-Russia economic programme to diversify trade and strengthen an energy partnership, an obvious question arises: How would ties with Moscow impact India’s US engagement?At last week’s HT Leadership Summit, foreign minister S.
10.12 / 01:43
UPS security President War Battlefield peace Trump pushes Ukraine to accept peace deal, saying it is losing
Subscribe to enjoy similar stories. President Trump dialed up pressure on Ukraine to swiftly accept a U.S.-designed peace plan, hardening his position toward the embattled country and its European backers, who insist U.S. security guarantees are vital to a peace deal.
10.12 / 01:43
Action Racing Fighting Strategy Bill President social The Silicon Valley campaign to win Trump over on AI regulation
Subscribe to enjoy similar stories. WASHINGTON—At a November meeting in the Oval Office, Nvidia Chief Executive Jensen Huang gave President Trump an ominous message: A patchwork of artificial-intelligence laws in states such as California threatened technology development in the U.S. Huang said a flurry of state laws could cause the U.S.
09.12 / 03:37
security economy NVIDIA President performer reports Department U.S. plans to approve export of Nvidia’s H200 chip to China
Subscribe to enjoy similar stories. WASHINGTON—The Trump administration plans to let Nvidia export its H200 chip to China, the latest twist in the artificial-intelligence chip designer’s efforts to maintain access to the world’s second-largest economy, according to people familiar with the matter. The Commerce Department plans to approve licenses to China letting Nvidia sell its H200.
08.12 / 09:59
markets UPS country social Equality rights Updates As people get suspicious of governments, the value of sound macroeconomic policymaking should assert itself
Across much of the industrial world, trust in government is low and declining. Why is this happening and why exactly does it matter? An unusually thorough new study looks at these questions and finds answers that are somewhat unexpected and, in one way, more disturbing than you might have guessed.The fact of diminished trust is hardly a revelation, least of all in countries such as the US, where anti-establishment populists have turned politics upside down and elite expertise has become not just distrusted but disdained. Last year, a survey found that fewer than one is six Americans expect Washington to do the right thing “nearly always” (1%) or “most of the time” (15%).
08.12 / 06:27
markets Manufacturing economy Trade track 2020 A broad slowdown is gipping China’s economy—and the pressure is building
Subscribe to enjoy similar stories. China remains one of the world’s most powerful economies, with its influence still expanding in critical sectors. Its high-tech industries continue to grow, it is pushing aggressively for leadership in artificial intelligence, and its dominance over rare-earth minerals recently helped it clinch a trade truce with Washington.
08.12 / 02:05
COST UPS Racing economy Election President Trump’s top advisers wage campaign to shift his focus to high prices
Subscribe to enjoy similar stories. WASHINGTON—Just before President Trump left the White House for Thanksgiving, top aides met with him in his private dining room to discuss inflation and the economy in hopes he would calibrate his message on affordability. In another meeting last month, this time in the Oval Office, aides presented Trump with surveys from one of the president’s own pollsters detailing voters’ concerns about the cost of living.
08.12 / 02:05
markets UPS MET Remark Netflix Warner Bros reports Trump raises concerns about Netflix-Warner deal
Subscribe to enjoy similar stories. WASHINGTON—President Trump said Netflix’s $72 billion deal to acquire Warner Bros. “could be a problem" because it would result in a large market share for the streaming giant, signaling possible government resistance in his first public comments about the sale.
04.12 / 07:21
Provident Food Death country reports medicines Vaccines For first time in decades, child deaths will rise this year
Subscribe to enjoy similar stories. One of the greatest public-health achievements of recent decades has been driving down child mortality around the world. Now, that long-running decline is reversing.
04.12 / 03:37
markets FIVE BLOCK classical guidelines Investigations Company Outsider: Is LIC an insurer of India's millions or a tool for strategic interventions?
Subscribe to enjoy similar stories. Company Outsider is a weekly newsletter by Sundeep Khanna. Subscribe to Mint's newsletters to get them directly in your email inbox. "The attempt and not the deed confounds us," says Lady Macbeth in Shakespeare's classic play Macbeth.
04.12 / 01:51
Target Action President reports International boating Hegseth asked top admiral to resign after months of discord
Subscribe to enjoy similar stories. Defense Secretary Pete Hegseth shocked official Washington in mid-October when he announced that the four-star head of U.S. military operations in the Caribbean was retiring less than a year into his tenure.
04.12 / 01:51
UPS War innovations 2020 reports Relationships India’s defence-tech startups are thriving
Subscribe to enjoy similar stories. ANIRUDH SHARMA was a computer-science undergraduate with no training in aerospace when he co-founded Digantara, which gathers intelligence on satellite movements, in 2020. Today it employs 150 people in India, Singapore and America and is valued at more than $65m.
03.12 / 01:19
UPS President information reports recommendations Interviews Trump’s aides cancel Fed chair interviews as President homes in on pick
Subscribe to enjoy similar stories. WASHINGTON—The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank. Trump’s team informed candidates that interviews scheduled for Wednesday with Vice President JD Vance had been canceled, according to people familiar with the matter.
06.04 / 11:05
UPS Provident economy Trade President country India to focus on trade deal, avoids retaliation on US tariffs
Donald Trump’s tariff imposition, and is focusing efforts on negotiating a bilateral trade deal with the US to bring down duties, according to a Indian government official. The South Asian country is seeking dialogue and not confrontation, the official said, adding that India has first mover advantage compared to rivals in the region. India plans to work toward a balanced and equitable trade deal with the US, the official said. All options are up for negotiation, and both goods and services will be discussed, according to the official. The government is also in touch with exporters on the expected impact and will help if they reach out. Trump last week announced a 26% tariff on US imports from India, dealing a blow to exporters and risking exacerbating a slowdown in an economy already suffering from weak consumer confidence. A lower negotiated rate could provide some relief, though escalating global trade tensions are still a threat. During his visit to Washington after Trump’s return to the Oval Office, Prime Minister Narendra Modi and the US president agreed to negotiate a bilateral trade deal by the fall of this year.
06.04 / 11:05
markets Target Trade President country Relationships Destinations Zimbabwe to suspend tariffs on US imports: President
The mineral-rich country's main trading partners are the United Arab Emirates, South Africa and China, and its limited exports to the US comprise mainly of tobacco and sugar. «I will direct the Zimbabwean government to implement a suspension of all tariffs levied on goods originating from the United States,» President Emmerson Mnangagwa said in a post on X. This announcement was «intended to facilitate the expansion of American imports within the Zimbabwean market, while simultaneously promoting the growth of Zimbabwean exports destined for the United States,» he said. The total goods trade between the two countries amounted to $111.6 million in 2024, according to US government data.
06.04 / 09:47
Manufacturing economy Bill Trade President country Interviews Govt caught napping, seems under US pressure to sacrifice Indian interests: Sachin Pilot on tariffs
Congress general secretary Sachin Pilot on Sunday said that Prime Minister Narendra Modi should have worked out a constructive solution during his last America visit rather than just indulging in «photo ops» and exchanging gifts. He said that at a time the world is responding to the imposition of reciprocal tariffs by the US, the Indian government is merely buying time and leaving everything to fate. In an interview to PTI, the former minister for Corporate Affairs said the Indian government is accepting what has been given out and has not even offered a response. «I would imagine, when the PM was in Washington (in February) and met the president of the US, instead of just photo ops and exchanging gifts, something more constructive should have come out of it,» Pilot said. «If our relations are as strong as the two leaders claim, then we would not have been slapped with these steep tariffs. Clearly our exports will be severely hit, manufacturing was in any way on a downside, MSMEs are in for a shock...The economy will face severe stress due to resulting layoffs and job losses but unfortunately we have not had an adequate response or even an indication of how to navigate this situation.» he said. The government was caught napping and it seems under US pressure to sacrifice Indian interests, he alleged.
06.04 / 09:17
markets Progressive Trade War country patient Pharmaceuticals Dairy sensitive for India, as peanut butter is to US, says official in the wake of tariff negotiations
“We have to be patient. Trade pacts do not happen overnight. It is a careful and steady process. Things are analysed carefully,” an official said on the condition of anonymity, adding that a slight impact on demand in the US could be a little challenging. India has “emerged a winner” following the reciprocal tariffs imposed by the United States, officials said, pointing out that the country has a first mover advantage compared to its competitors owing to of the Bilateral Trade Agreement (BTA) that the two are negotiating and because Indian exporters are better positioned to deal with the additional US tariffs. They said the country will take all measures within the World Trade Organization (WTO) framework to check dumping of goods from countries such as China which have been slapped with steeper tariffs. “The government is there to protect domestic industry from any possibility of dumping of goods in such a situation,” the official added. While the US has imposed 26% reciprocal tariffs on India, it has levied 34% additional import duties on China. India is also likely to gain from the US-China trade war, according to officials.

breaking news about Washington

What is the current situation in Washington?

In Washington, the spotlight is on socially significant developments that spark public discussion.

Where can I find reliable news about Washington?

We publish in-depth coverage about the situation in Washington, based on information from official representatives.

What shapes the media agenda in Washington?

The news landscape of Washington is shaped by the region’s internal dynamics, reflecting its specific characteristics.