Washington Financial News

A bipartisan group of senators wants restrictions on the use of facial recognition technology by the Transportation Security Administration

Exxon Mobil’s $60 billion deal to buy Pioneer Natural Resources has received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company’s board of directors

WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:

The United States has imposed new sanctions on hundreds of companies and people tied to Russia’s weapons development program, as well as more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties

DFW housing and macro econ analyst Amy Nixon explains what the spike in mortgage rates means for the housing market on Making Money.

Mint takes a closer look at these revelations and their effect on India. Earlier this week the Washington Post published a report providing new details on the Pannun assassination attempt in 2023. Citing unnamed security officials, the report said Vikram Yadav, a RAW official, was responsible for handling the operation to assassinate the Sikh separatist leader on US soil.

U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates

Former President Donald Trump has secured another $1.6 billion worth of shares in Trump Media

The bungled rollout of a new federal student aid form has left millions of students in limbo and some wondering if their college dreams will survive

UCLA, hours after police arrested activists who occupied a building at Columbia University and cleared a tent city from its campus. Eyewitness videos from the University of California at Los Angeles, verified by Reuters, showed people wielding sticks or poles to hammer on wooden boards being used as makeshift barricades to protect the pro-Palestinian protesters before police were called to the campus.

WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown more difficult lately.

The central bank's interest rate decision comes as inflation has hit record highs and grappled Americans over the last few years.

Washington Post, over 1,600 people arrested at pro-Palestine campus protests in the past two weeks, out of which 282 arrests were made on Tuesday night at Columbia University and City College New York. On Wednesday, New York Police Department Commissioner Edward Caban said that over 280 protesters at Columbia University and the City College of New York.

Tomorrow's IPL Match: Sunrisers Hyderabad (SRH) will take on Rajasthan Royals (RR) on May 2 at the Rajiv Gandhi International Cricket Stadium in Hyderabad. SRH, having won five out of nine matches, are currently at number five on the points table. They have won three out of their last five matches.

Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation.

Americans believe that China uses TikTok to shape U.S. public opinion, according to a Reuters/Ipsos poll conducted as Washington moves closer to potentially banning the Chinese-owned short-video app. Some 58% of respondents to the two-day poll, which closed on Tuesday, agreed with a statement that the Chinese government uses TikTok, which is owned by China's ByteDance, to "influence American public opinion." Some 13% disagreed, and the rest were unsure or didn't answer the question. Republicans were more likely than Democrats to see China as using the app to affect U.S. opinions.

The Biden administration says it will cancel $6 billion in student loans for people who attended the Art Institutes, a system of for-profit colleges that closed the last of its campuses in 2023 amid accusations of fraud

The FBI says scammers stole more than $3.4 billion from older Americans last year

The Environmental Protection Agency has finalized a ban on consumer uses of methylene chloride, a chemical widely used as a paint stripper but known to cause liver cancer and other health problems

The Washington Post, citing documents filed by the fired employees, stated Google violated their rights “by terminating and/or placing them on administrative leave in response to their protected concerted activity, namely, participation (or perceived participation) in a peaceful, non-disruptive protest that was directly and explicitly connected to their terms and conditions of work." Google termed the employees' dissent “completely unacceptable" and issued a statement that read, “We carefully confirmed and reconfirmed that every single person whose employment was terminated was directly and definitively involved in disruption inside our buildings." A former Google employee, Zelda Montes, who was arrested while staging the protest, said, “Google is attempting to instil fear in employees," reported Reuters. She claimed that Google's actions were directed to stop organising efforts in the company, sending the message across to all of its employees that dissent would not be tolerated.

A study says the climate phenomenon known as El Nino and not climate change was a key driver in low rainfall that disrupted shipping at the Panama Canal last year