Washington

Market prediction platform, Kalshi, has launched an index to evaluate the political power equilibrium in Washington on Thursday. This index, known as the Kalshi American Power Index (KPOW), aims to offer an in-depth perspective on the current political power dynamics and potential shifts. It...

Florida Gov. Ron DeSantis (R) said that Washington state’s fiscal outlook took a significant hit after Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos relocated from the state to Florida in late 2023. Taxpayers ‘Flee’ Due To Bad Policies On Sunday, in a post on X, DeSantis said...

The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading...

Economist Craig Shapiro argues that the debt ceiling, a mechanism only used by the U.S. and Denmark, fails to curb excessive government spending and instead creates political theater every few years. What Happened: Shapiro, who is a macro strategist at the Bear Traps Report highlights the Federal...

Pete Buttigieg, former U.S. Secretary of Transportation, criticized President Donald Trump’s handling of the recent fatal crash of an American Airlines Group Inc (NASDAQ:AA) plane, highlighting the safety record during his tenure. What Happened: On Thursday, Buttigieg took to X to express his...

Intel Corp. (NASDAQ:INTC) has reportedly secured a $3.5 billion contract to manufacture semiconductors for the U.S. military. What Happened: Chip maker Intel has been granted up to $3.5 billion in federal funds to produce advanced chips for military and intelligence use, reported Bloomberg, citing...

In a recent development, Taiwan has reported the presence of six Chinese balloons in its airspace, adding to the ongoing tensions between the two nations. What Happened: The Taiwanese Defense Ministry disclosed the sighting of six Chinese balloons in its airspace or just north of it, along with the...

As Taiwan prepares for its forthcoming presidential and parliamentary elections, the U.S. has urged China to respect Taiwan’s integrity. This call for non-interference comes from a high-ranking Biden administration official as tensions increase between the two neighbors. What Happened: A high...

In an unexpected twist, the hotel in downtown Washington, formerly known for its Trump branding, has emerged as the latest gathering spot for the Democratic elite. This transformation is particularly noteworthy as the hotel was previously an integral part of former President Donald...

The well-known cryptocurrency advocacy group Blockchain Association made the decision to relocate to Washington, D.C., and focus on federal policies as the regulatory pressure on the digital assets industry grows. What Happened: The organization is moving resources out of New...

Officials from at least six countries splurged thousands of dollars at former U.S. President Donald Trump‘s hotel in Washington to land crucial deals, showed documents. What Happened: Foreign officials from Malaysia, Saudi Arabia, Qatar, the United Arab Emirates, Turkey, and China spent over...

A 55-year-old former neonatologist from Spokane, Washington, has confessed to paying $60,000 worth of Bitcoin (CRYPTO: BTC) to kidnap his estranged wife.  What Happened: According to federal prosecutors, Ronald Ilg intended to kidnap and inject his wife with substances, so she would drop...

The Philadelphia 76ers beat the Washington Wizards 125-118 in game one of their first-round series, behind 37 points from Tobias Harris. The Series’ Storyline: Which superstar duo, will lead their team to victory? How To Watch: The Wizards-76ers will be played at the Wells Fargo Center in...

Conservative social media platform Parler is trending on the App Store, a day after Twitter Inc (NYSE: TWTR) banned Donald Trump’s personal account.  What Happened: The platform that describes itself as a "non-partisan public place” has risen to the No. 1...

White House economic advisor says that amid the Covid-19 outburst, the U.S. economy is facing historic shock and may require more stimulus, President Donald Trump’s adviser Kevin Hassett said. What Happened “This is the biggest negative shock that our economy, I think,...