Washington

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...

The Olympia City Council has taken a significant step toward decriminalizing the possession and use of plant-based psychedelics, such as psilocybin mushrooms. In a unanimous vote during its August 13 meeting, the Council approved a resolution that effectively deprioritizes law enforcement actions...

This article was originally published on Cannabis.net and appears here with permission. When Colorado and Washington made history in 2012 as the first U.S. states to legalize recreational marijuana, they kicked off a green rush that rapidly transformed the cannabis industry. Colorado in particular...

Thanks to a new state law, Washingtonians with valid medical marijuana cards will now enjoy a reduction in tax on their cannabis, The Seattle Times reports. Washington State's 37% tax rate for recreational cannabis ranks among the highest in the nation. For instance, neighboring Oregon’s is...

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...

Check out some of the latest moves concerning policy reform around psychedelic substances throughout the country. Since our previous update and as of Nov. 30: Kentucky: A summit exploring ibogaine treatment for opioid use disorder was held on Nov. 30, giving Kentucky residents “a...

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...

In an apparent bid to protect the finances of Floridians, Gov. Ron DeSantis announced he wants lawmakers to enact legislation that outlaws the use of central bank digital currencies (CBDCs), accusing the federal government of using them to keep a track of peoples’ finances. “I am here...

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...