Washington Financial News
14.05 / 17:47
FIVE
BLOCK
social
2020
patient
prevention
rights
Anti-abortion activist who led a clinic blockade is sentenced to nearly 5 years in prison
An anti-abortion activist who led others on an invasion and blockade of a reproductive health clinic in the nation’s capital has been sentenced to nearly five years in prison
14.05 / 13:33
Target
Action
Election
Trade
President
reports
Investigations
US tariffs
China warns new US tariffs to ‘severely’ impact relations: Report
Top China, South Korea Diplomats Hold Rare Talks in Beijing On Tuesday, the White House announced a tariff hike on $18 billion worth of imports from China, targeting key sectors such as electric vehicles, batteries, steel, and vital minerals. This decision coincides with President Joe Biden's preparation for the upcoming November election, where he is expected to face Republican rival Donald Trump again. Administration officials criticized Trump's trade policies as they unveiled the tariff increase.
14.05 / 01:03
markets
COST
economy
President
reports
rights
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
14.05 / 01:03
BLOCK
Airlines
Trade
information
travelers
Department
Courts
US airlines are suing the Biden administration over a new rule to make certain fees easier to spot
U.S. airlines are trying to kill a new rule requiring them to disclose fees more quickly when consumers shop for flights
13.05 / 21:49
13.05 / 17:51
13.05 / 07:11
markets
COST
economy
President
reports
rights
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
13.05 / 00:01
students
Universities
reports
shock
gatherings
Schools
Colleges
Howard University in US cancels students ceremony. Check shocking reason
Howard University has cancelled graduation mid-ceremony as family members reportedly created a ruckus, as per a report on New York Post. A student was found injured. The incident took place at the Cramton Auditorium in Washington where students of the College of Nursing and Allied Health Sciences had gathered. There was utter pandemonium as family members of the students wanted to enter the auditorium, as per the report.
11.05 / 20:07
Provident
Career
Fighting
Bill
President
reports
audit
Report: Trump may face a $100 million-plus tax bill if he loses IRS audit fight over Chicago tower
A report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied to a Chicago skyscraper
11.05 / 04:35
security
Election
wellness
Bill
social
recommendations
America's debt tops $34 trillion, but commission to address it looks dead in Congress
A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges
11.05 / 01:51
security
War
reports
Department
Investigations
International
US says Israel's use of weapons may have violated international law
Biden administration on Friday said Israel's use of U.S.-supplied weapons may have violated international humanitarian law during its military operation in Gaza, in its strongest criticism to date of Israel. But the administration stopped short of a definitive assessment, saying that due to the chaos of the war in Gaza it could not verify specific instances where use of those weapons might have been involved in alleged breaches. The assessment came in a 46-page unclassified State Department report to Congress required under a new National Security Memorandum (NSM) that President Joe Biden issued in early February.
11.05 / 00:22
11.05 / 00:22
UPS
BLOCK
Aviat
Airlines
Bill
travelers
Traffic
Senate passes bill improving air safety and service for travelers, a day before FAA law expires
The Senate has passed a $105 billion bill designed to improve air safety and customer service for air travelers, a day before the law governing the Federal Aviation Administration expires
11.05 / 00:21
economy
Research
wellness
pandemic
President
Universities
prevention
US consumer sentiment drops to 6-month low on inflation, unemployment fears
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise
10.05 / 18:43
10.05 / 15:23
UPS
Target
WhatsApp
wellness
pandemic
Universities
US consumer sentiment drops to six-month low on inflation, unemployment fears
WASHINGTON: U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise. The University of Michigan's consumer sentiment index, released Friday in a preliminary version, dropped to 67.4 this month from a final reading of 77.2 in April. That is still about 14% higher than a year ago. Consumers' outlook has generally been gloomy since the pandemic and particularly after inflation first spiked in 2021.
10.05 / 06:45
SUN
Action
Bill
dance
rights
Severe solar storm expected to hit Earth on THIS date, likely to trigger northern lights in...
Washington Post also added that chances of seeing the auroras is also expected in Canada and northern Europe. Apart from this, clear skies has been predicted over the central states and West Coast of the United States.
10.05 / 02:33
Citizens
Justice
reports
Department
Investigations
Gurpatwant Singh Pannun case: 'Won't speak until allegations are proved,' US says, rejects Russia's allegations
No reliable evidence of Indian involvement in foiled Pannun murder plot: Russia In November last year, the US authorities said an Indian government official had directed the plot in the attempted murder of Gurpatwant Singh Pannun, a dual citizen of the United States and Canada. The US White House in April said it viewed the reported role of the Indian intelligence service in the assassination plots as a very serious matter. As per the US Justice Department indictment, Indian national Nikhil Gupta was involved in the alleged attempt to kill Pannun.
10.05 / 02:11
UPS
Provident
Action
Southern
War
reports
Israel due to get billions of dollars more in US weapons despite Biden pause
Palestinian civilians. A senior U.S. official said this week that the administration had reviewed the delivery of weapons that Israel might use for a major invasion of Rafah, a southern Gaza city where over 1 million civilians have sought refuge, and as a result paused a shipment of bombs to Israel. Washington has long urged Prime Minister Benjamin Netanyahu's government not to invade Rafah without safeguards for civilians, seven months into a war that has devastated Gaza.
09.05 / 20:49
UPS
Provident
Charity
community
reports
Department
donates
The $230 billion donor-advised fund industry gets an IRS hearing
Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes
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