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News
US stocks jump after oil prices ease and an inflation update comes in near expectations
1+ day, 14+ hour ago (103+ words) Breaking news and analysis on politics, business, world, national news, entertainment and more. In-depth DC, Virginia, Maryland news coverage including traffic, weather, crime, education, restaurant reviews and more. U.S. stocks rebounded and clawed back much of their losses for the week…...
Opinion | Government bonds are safe assets, right?
3+ day, 1+ hour ago (59+ words) The Washington Post Markets aren't as sure as they used to be. Treasury Secretary Scott Bessent’s plan to buy back government bonds and hold yields down backfired on Wednesday, as yields rose anyway. Markets are reflecting reality: The government’s budget…...
Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
3+ day, 15+ hour ago (97+ words) The Washington Post Stocks fell on Wall Street as the price of crude oil topped $100 a barrel again Stocks on Wall Street lost ground again Wednesday as the price of crude oil climbed back above $100 a barrel amid further escalation…...
Singapore man pleads guilty to orchestrating $240 million bitcoin theft from DC resident
4+ day, 14+ hour ago (63+ words) The Washington Post WASHINGTON — A 22-year-old man pleaded guilty on Tuesday to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, D.C., resident — one of the largest cryptocurrency thefts in U.S. history — and…...
China's exports pick up in August, jumping 25% on strong demand for autos and high tech goods
5+ day, 7+ hour ago (103+ words) washingtonpost.com China has reported that its exports accelerated in August, jumping 25% from a year earlier on strong demand for autos and high-tech goods, its customs agency said Tuesday BANGKOK — China’s exports accelerated in August, jumping 25% from a year earlier…...
America In Focus: US hiring bounces back in August; mortgage rates climb
1+ week, 18+ hour ago (79+ words) The Washington Post The U.S. job market rebounded in August as employers added a surprising 162,000 jobs The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery…...
Sears isn’t dead. It’s alive and well in Mexico.
1+ week, 1+ day ago (69+ words) The Washington Post The iconic retail brand is down to five locations in the United States. In Mexico, there are more than 90. CIUDAD JUÁREZ, Mexico — Above a crowded highway outside the grandest shopping mall in this Mexican border metropolis rises…...
Oil prices edge lower, while Asian shares rise, tracking Wall Street gains
1+ week, 3+ day ago (52+ words) The Washington Post Oil prices have slipped after recent gains, with Brent crude trading near $95 a barrel HONG KONG — Oil prices slipped Thursday after recent gains, with Brent crude trading near $95 a barrel, while Asian shares mostly advanced....
Judge orders changes to Google's digital ads business but spares it from a breakup
1+ week, 3+ day ago (110+ words) The Washington Post A federal judge on Wednesday ordered Google to retool the system powering its price-gouging monopoly in digital advertising, sparing the company from a wrenching breakup that had been sought by the U.S. government The initial two-page decision by…...
Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissented
1+ week, 4+ day ago (77+ words) The Washington Post Treasury Secretary Scott Bessent says 19 of the members of the G20 agreed to address streams of “cheap exports” that cause global economic imbalances, but China dissented ASHEVILLE, N.C. — Treasury Secretary Scott Bessent said Tuesday that 19 of the…...