Politics/International Relations
- Finance
Money laundering watchdog pushes for crypto information-sharing rules
Most countries lack “travel rule” laws that could help prevent the illicit use of cryptocurrency by criminals and terrorists, a…
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Johnson ‘impatient’ at pace of post-Brexit Solvency II rules: report
The Bank of England and Boris Johnson are on a collision course over the future of Solvency II reforms, according…
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Supreme Court limits EPA’s role in combating climate change in a fresh jab at the 50-year-old Clean Air Act
President Joe Biden’s plan to address climate change hit a major hurdle as the Supreme Court on Thursday ruled to…
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Salary of supreme court justice? When does judge Jackson start? 4 things to know
The Senate voted 53-47 to confirm the nomination to the U.S. Supreme Court of Judge Ketanji Brown Jackson in early…
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Senator Pat Leahy has broken his hip
MONTPELIER, Vt. (AP) — U.S. Sen. Patrick Leahy of Vermont has broken a hip in a fall at his home…
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Regulators in New York eye further crypto guidance
The head of the New York State Department of Financial Services said she wants the regulator to continue to be…
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MPs call for tougher action on bankers, lawyers ‘enabling’ Putin
MPs have called for a tougher crackdown on City firms that support Russia’s regime amid continuing aggression against Ukraine. London’s…
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Here’s why this trader is piling back into one of the year’s hottest commodities
The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P…
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G-7 summit ends with pledge to help Ukraine ‘as long as necessary’
ELMAU, Germany (AP) — Leaders of the world’s wealthiest democracies struck a united stance Tuesday to support Ukraine for “as…
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SEC fines Ernst & Young $100 million for employees cheating on CPA ethics exams
Accounting giant Ernst & Young will pay $100 million to settle charges with the Securities and Exchange Commission that hundreds…
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Crypto lobbyist donated £500k to Conservatives before UK’s ‘crypto hub’ move
The Conservative Party received a £500,000 donation from a British crypto investor two months before the government pledged to make…
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Concealed carry laws boost gun crime by a third, study finds
A new study finds concealed carry laws lead to a boost in gun crime by between 29% and 32%, mostly…
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G-7 set to announce price cap on Russian oil
ELMAU, Germany (AP) — The Group of Seven economic powers are set to announce an agreement to pursue a price…
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Biden signs largest gun measure in decades, says ‘lives will be saved’
President Joe Biden on Saturday signed the most sweeping gun violence bill in decades, a bipartisan compromise that seemed unimaginable until a…
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CDC panel backs Moderna vaccine for children aged 6 to 17, and study finds vaccines saved about 20 million lives in their first year
A panel of advisers to the Centers for Disease Control and Prevention voted unanimously Thursday to recommend Moderna’s COVID vaccine…
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What’s next after Roe v. Wade is overturned: Other rights connected to privacy are in danger
Almost all American adults — including parents, medical patients and people who are sexually active — regularly exercise their right…
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U.S. democracy ‘more vulnerable than ever,’ ex-military leaders warn
“‘Today, we harbor unprecedented concern for our country and for our democracy. The nation we have defended for decades is in…
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FCA pay debate reignites as 68 senior staff make more than the prime minister
Sixty-eight staff at the Financial Conduct Authority are paid more than the Prime Minister, new figures reveal. The numbers, disclosed…
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Senate approves landmark bipartisan gun bill; House passage next
WASHINGTON — The Senate easily approved a bipartisan gun violence bill Thursday that seemed unthinkable a month ago, setting up final approval…
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Supreme Court sides with Republican lawmakers in North Carolina on voter ID
WASHINGTON (AP) — The Supreme Court gave Republican legislative leaders in North Carolina a win Thursday in an ongoing fight…
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MPs to up FCA oversight as regulators face Brexit pressure
MPs are setting up a new body to oversee the UK’s regulators, as Brexit continues to heap pressure on agencies such…
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Germany faces gas supply ‘crisis,’ declares alarm level
Germany activated the second phase of its three-stage emergency plan for natural gas supplies Thursday, saying Europe’s biggest economy faces…
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Biden unlikely to get OK from Congress for gas tax holiday, analysts say
While President Joe Biden is calling for Congress to suspend federal gasoline and diesel taxes for three months, analysts are…
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UK sanctions boss predicts pushback from lawyers over Russia crackdown
The man behind the UK’s sanctions regime is expecting significant legal challenges as the government’s crackdown on Russia’s war with Ukraine…
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Afghanistan earthquake kills at least 920 people
A powerful earthquake struck a rural, mountainous region of eastern Afghanistan near the Pakistani border early Wednesday, killing at least…
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Woodford fund administrator’s woes mount as law firms double up for legal action
Two law firms representing thousands of investors left trapped in Neil Woodford’s defunct flagship fund have joined forces to pursue…
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Credit Suisse seeks way out of $607m Bermuda court claim
Credit Suisse’s Bermuda life insurance unit said a loophole in Bermuda company law means it shouldn’t have to pay a…
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Supreme Court rejects Bayer bid to stop Roundup lawsuits
The Supreme Court has rejected Bayer’s appeal to shut down thousands of lawsuits claiming that its Roundup weedkiller causes cancer.…
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UK may scrap banker bonus caps in post-Brexit rules push
The UK government is looking to scrap the cap on banker bonuses, as it eyes a further break with legacy EU rules, The Independent reported. Chancellor…
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Oil prices end higher as the U.S. announces new sanctions on Iran
Oil futures climbed on Thursday, shaking off early losses from economic growth worries in the wake of the Federal Reserve’s…
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Biden sued by climate groups using novel legal argument to stop oil and gas drilling
Using an untested legal argument based on the Endangered Species Act, a coalition of environmental groups sued the Biden administration this…
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FDA committee recommends two COVID-19 vaccines for young children
The Food and Drug Administration is now expected to authorize two COVID-19 vaccines for the nation’s youngest children in a…
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Dame Meg Hillier: ‘Whitehall struggles to implement more than a slogan’
Energy bills are soaring. A cost of living crisis threatens millions of households. The government’s coffers are still depleted from…
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Is the U.S. stock market closed on Juneteenth? What investors need to know.
Stock and bond markets will be closed Monday, June 20, in observance of the Juneteenth holiday, which commemorates the end…
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Biden calls on refiners to produce more gasoline and diesel
President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have…
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SEC’s Gary Gensler warns lawmakers not to undermine wider markets with crypto rules
Securities and Exchange Commission chairman Gary Gensler expressed concern 14 June that efforts in Congress to write legislation for the cryptocurrency…
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Will Coinbase go bankrupt? CEO says company has ‘no risk of bankruptcy’
““We have no risk of bankruptcy.”” That’s a quote from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform…
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FDA panel to review Moderna vaccine in children aged 6 to 17, and Rolling Stones front man Mick Jagger tests positive for COVID
An independent panel of advisers to the Food and Drug Administration will meet later Tuesday to discuss the use of…
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Biden blasts ‘ripoff’ by shipping companies, attacks Exxon as inflation hits a fresh 40-year high
President Joe Biden on Friday attacked shipping companies over the prices they’re charging, as he also continued to tout his…
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U.S. lifts COVID-19 test requirement for international travel
WASHINGTON (AP) — The Biden administration is lifting its requirement that international air travelers to the U.S. take a COVID-19…
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‘Donald Trump was at the center of this conspiracy’: Jan. 6 hearings kick off with searing charges against ex-president
The House committee probing the Jan. 6, 2021 attack on the U.S. Capitol kicked off a prime-time hearing Thursday with…
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Biden administration unveils plan to vaccinate children below the age of 5 once the FDA gives the go-ahead
The Biden administration has unveiled a plan to ensure that if vaccines are authorized by the Food and Drug Administration…
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US lawmakers propose rules to safeguard crypto investors when exchanges collapse
A bipartisan duo of US senators introduced a bill that would aim to protect investors in the event that a cryptocurrency exchange…
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Peel Hunt plans ‘boots on the ground’ in post-Brexit hub
Peel Hunt plans to put “boots on the ground” in the European Union by launching a new office in Copenhagen in…
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New omicron subvariants are rising in U.S., and FDA panel gives its backing to Novavax vaccine
The BA.4 and BA.5 subvariants of the highly transmissible omicron variant of the coronavirus that causes COVID-19 are spreading rapidly,…
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Boris faces ‘horror among Tory voters’ in City as leadership vote looms
Finance professionals in the City of London see the prime minister surviving a no-confidence vote as a growing number of…
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Boris Johnson survives bruising no confidence vote
Boris Johnson has survived a no confidence vote in his leadership, despite more than 140 of his own MPs voting…
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Here’s what the bipartisan crypto bill has in store for the CFTC, bitcoin and ether
A long awaited bipartisan framework for US federal oversight of cryptocurrencies was unveiled on 7 June, and if passed by…
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Senators set to propose sector-friendly crypto rules that promote financial innovation
A pair of US senators were set to propose legislation that would create special exemptions to federal law for some cryptocurrencies, amid…
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Bipartisan crypto bill would have CFTC oversee bitcoin, ether and most other digital assets
A long awaited bipartisan framework for U.S. federal oversight of cryptocurrencies was unveiled Tuesday, and if passed by Congress, would…
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