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The Latest Breaking News from Washington D.C.

Budget airline that took ICE deportation flight contract shuts down West Coast operations

Avelo Airlines, which sparked controversy and boycotts of its service earlier this year over the agreement, will end flights in California, Oregon, Washington and Montana

The Independent UK

Why Coinbase Global Stock Hit A New 52-Week High Today

Shares of Coinbase Global Inc (NASDAQ:COIN) are trading higher Wednesday, hitting a new 52-week high, fueled by a dramatic turnaround for crucial cryptocurrency legislation in Washington. Here’s what investors need to know.

Benzinga

Circle Internet Group (CRCL) Shares Rally As Trump's Intervention Revives Key Stablecoin Bill

Shares of Circle Internet Group Inc (NYSE:CRCL), the digital finance company behind the $USDC stablecoin, are surging in Wednesday trading following a legislative reversal in Washington. Here’s what investors need to know.

Benzinga

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Trump’s 145% tariffs prove useless as China’s booming economy defies Washington’s dire predictions

Exceeded Beijing's targets.

We Got This Covered

Howard Lutnick's Political Ties May Have Swayed Nvidia's AI Chip Sales to China — Report Claims

Howard Lutnick's political ties may have influenced Nvidia's AI chip sales to China, according to a report. Following a US-China détente, Nvidia resumed H20 chip shipments, reversing an earlier ban that caused a $4.5 billion writedown.

International Business Times UK

Indonesia Hails 'New Era' With US After Trump Trade Pact

Indonesia's leader on Wednesday hailed a "new era" of trade relations with the United States, after Donald Trump said he slashed the tariff rate faced by Southeast Asia's biggest economy from 32 percent to 19 percent.

International Business Times

How Trump could use a building renovation to oust the Fed chair

President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

The Independent UK

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UN Expert On Palestinians Says US Sanctions Are A 'Violation' Of Immunity

The UN's unflinching expert on Palestinian affairs Francesca Albanese said Tuesday that Washington's sanctions following her criticism of the White House's stance on Gaza are a "violation" of her immunity.

International Business Times

Nvidia Says 'Washington Gets It' After Trump's AI Czar David Sacks Says US Has To 'Outcompete' Global Rivals

On Tuesday, Jensen Huang-led Nvidia Corporation (NASDAQ:NVDA) applauded Washington's AI strategy after Donald Trump's AI advisor, David Sacks, highlighted the need for U.S. tech to outpace global adversaries by becoming the international standard.

Benzinga

Hong Kong Stocks Lifted By Nvidia Rally On Mixed Day In Asia

Tech firms led another rally in Hong Kong stocks Wednesday after US titan Nvidia said it would resume exports of key chips to China after Washington pledged to remove licensing curbs.

International Business Times

House Dem. Asserts Republicans Blocked Epstein File Release Because His Clients 'Donate to Politicians in DC'

Rep. Ro Khanna (D-CA) accused Republicans of shielding "rich and powerful men" linked to Jeffrey Epstein after his call for the files' full release was blocked.

Latin Times

Transgender asylum seeker released from ICE custody following order from federal judge in Oregon

A transgender asylum seeker from Mexico has been released from a Washington state immigration detention center after being held for over a month

The Independent UK

Trump faces backlash from MAGA base over Epstein files and arms for Ukraine

US President Donald Trump has spent years encouraging dark or harmful conspiracy theories, and that strategy may now come back to bite him.

Euronews

EU Threatens US Planes And Whiskey While Pressing For Deal

Brussels plans to target US goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal.

International Business Times

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The Guardian - UK

In Trump’s game of chicken, the EU cannot afford to back down

When threatened with US tariffs, Europe was initially bullish. But the influence of nationalist leaders sympathetic to Trump has caused a split, says Guardian Europe columnist Nathalie Tocci

International Business Times UK

Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul

US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington, DC.

Euronews

New US weapons deal for Ukraine: What will Kyiv receive and who will pay for it

In a sharp 180-degree turn on US support for Ukraine, Donald Trump announced that the Washington will send more weapons to Kyiv, two weeks after US military assistance to Ukraine was paused, allegedly due to low stockpiles.

Bored Panda

Travel Back In Time With These 47 Stunning Photos Of 1920s D.C.

Would you like to walk the streets of Washington, D.C., a century ago?

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news in one place.

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Benzinga

Washington Breaking The Global Economy? Economist Mohamed El-Erian Warns The US Now 'Resembles A Developing Nation'

Prominent economist Mohamed El-Erian warns that the United States’ recent economic behavior is creating instability, not just at home, but across global markets.

International Business Times

Nvidia Says It Will Resume Sales Of 'H20' AI Chips To China

US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports.

Benzinga

Trump Gets FAQ'd By Powell—No Champagne Rooms, Just Clearing Cancer Dust

The Federal Reserve is under fire from the Trump administration over a controversial renovation project at its Washington headquarters, which has soared past its original $2.5 billion estimate.

Euronews

Trump to slam Russia with 'severe' 100% tariffs if no Ukraine deal is made in 50 days

Trump has publicly expressed irritation with Russian President Vladimir Putin’s reluctance to reach a peace deal in Ukraine, accusing the Russian leader of throwing "bulls**t" at Washington.

Euronews

How Serbia's turn to the West provoked Putin’s reaction

It is to be seen if Putin has yet crossed Trump’s “red line” and if Washington is willing to unleash more painful sanctions on Russia. One thing is clear – Moscow’s continued defiance and rogue activities in its neighbourhoods have awakened the Trump administration, Ambassador John B. Craig writes.

International Business Times

China Exports Beat Forecasts In June After US Tariff Truce

China's exports rose more than expected in June, official data showed Monday, after Washington and Beijing agreed a tentative deal to lower swingeing tariffs on each other.

The Conversation

Washington’s war demands – Australia right to refuse committing to a hypothetical conflict with China over Taiwan

The United States can count on Australia as one of its closest allies.

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