Tag: Washington news
US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds
WASHINGTON -- The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been “inadequate” and will need...
Trump brings chaos back to Washington by attempting to kill bipartisan budget deal
Speaker of the House Mike Johnson, R-La., pauses as he enters a closed-door strategy session with fellow Republicans as they work on a...
The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you
NEW YORK -- The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages...
EPA grants California authority to ban sales of new gas cars by 2035. Action faces reversal by Trump
WASHINGTON -- The Environmental Protection Agency on Wednesday granted two requests from California to enforce strict standards for vehicle emissions, including a rule...
Stock market today: Asian stocks are mixed ahead of the Federal Reserve's decision on rates
HONG KONG -- Asian stocks were mixed on Wednesday ahead of the Federal Reserve's final rate decision of this year. U.S. futures and...
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past...