Tag: Washington news
McCormick's hedge fund days are a double-edged sword in Pennsylvania's Senate race
HARRISBURG, Pa. -- Before he ran for the U.S. Senate in Pennsylvania, David McCormick was a big name on Wall Street.He was the...
China's economy softens in August as Beijing continues to grapple with lagging demand
BEIJING -- China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp...
Biden administration appears to be in no rush to stop U.S. Steel takeover by Nippon Steel
WASHINGTON -- President Joe Biden has voiced his opposition to Nippon Steel buying U.S. Steel, but the federal government appears to be in...
Biden is taking on cheap products from China. It could mean higher prices
WASHINGTON -- The Biden administration is cracking down on cheap products sold out of China, expanding a push to reduce U.S. dependence on...
Top AI business leaders meet with Biden administration to discuss the emerging industry's needs
WASHINGTON -- Top Biden administration officials on Thursday discussed the future of artificial intelligence at a meeting with a group of executives from...
Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
WASHINGTON -- U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve...