• Contact
  • About
  • YouTube
  • Facebook
  • Twitter
  • RSS
Focus Washington – Navigating the Swamp
  • Home
  • Politics
  • Administration
  • Foreign Policy
  • Business
  • Technology
  • Other
    • Health
    • Culture
    • Energy
    • Environment
    • NGO
    • Embassy
News Ticker
  • [ January 26, 2021 ] AstraZeneca Denies Its Vaccine Is Less Efficient in the Elderly Health
  • [ January 26, 2021 ] U.S. Condemns Attack on Saudi Capital Administration
  • [ January 26, 2021 ] Biden Signs ‘Buy American’ Order, Pledges to Renew U.S. Manufacturing Business
  • [ January 26, 2021 ] U.S. Senate Votes Overwhelmingly to Confirm Yellen as First Female Treasury Chief Administration
  • [ January 26, 2021 ] Google Workers to Form Global Union Alliance Business
HomeBusiness

Business

Business

Biden Signs ‘Buy American’ Order, Pledges to Renew U.S. Manufacturing

January 26, 2021 Focus Washington

President Joe Biden vowed on Monday to leverage the purchasing power of the U.S. government, the world’s biggest single buyer of goods and services, to strengthen domestic manufacturing and create markets for new technologies, Reuters […]

Email, RSS Follow
Business

Google Workers to Form Global Union Alliance

January 26, 2021 Focus Washington

Google employees from across the globe are forming a union alliance, weeks after workers at the search engine giant and other units of parent company Alphabet Inc formed a labor union for U.S. and Canadian […]

Email, RSS Follow
Business

Global Stocks Rise on Recovery Hopes

January 25, 2021 Focus Washington

Global shares rose to just shy of records highs on Monday, as optimism over a $1.9 trillion U.S. stimulus plan outweighed rising COVID-19 cases and delays in vaccine supplies, Reuters reported. European stock markets opened […]

Email, RSS Follow
Business

U.S. Factory Activity Near 14-Year High, Home Sales Rise in December

January 22, 2021 Focus Washington

U.S. manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in […]

Email, RSS Follow
Business

Bitcoin Briefly Tumbles Below $30,000, Falling 12%

January 22, 2021 Focus Washington

Bitcoin briefly tumbled below $30,000 on Thursday, as the cryptocurrency continued a slide from record levels, CNBC informed. The digital currency dropped as much as 17% to $29,246.77, wiping out about $100 billion from the […]

Email, RSS Follow
Business

Beijing Launches Mass Virus Tests as China’s Daily Tally Drops Slightly

January 22, 2021 Focus Washington

Beijing launched mass COVID-19 testing in some areas on Friday, while Shanghai was testing all hospital staff as China battles its worst outbreak of the disease since March and families fret over reunion plans for […]

Email, RSS Follow
Business

Stock Futures Flat in Early Morning Trading Ahead of Biden’s Inauguration

January 20, 2021 Focus Washington

Stock futures held steady in early morning trade on Wednesday as investors waited for President-elect Joe Biden’s inauguration, CNBC informed. Futures on the Dow Jones Industrial Average were just 3 points higher. S&P 500 futures […]

Email, RSS Follow
Business

Yellen-Backed Policies Set to Aid Risk Assets, Raise Longer-Term Worries

January 20, 2021 Focus Washington

Treasury Secretary nominee Janet Yellen’s unequivocal support for a pandemic rescue plan cuts both ways for investors, fueling optimism that the rally in risk assets will continue while bolstering concerns over a massive runup in […]

Email, RSS Follow
Business

Global Stocks Waver as COVID-19 Fears Trump Recovery Hopes

January 18, 2021 Focus Washington

Global stock markets wavered on Monday as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese economy rebounded faster-than-expected in the fourth quarter of 2020, Reuters […]

Email, RSS Follow
Business

China Economy Grows in 2020 as Rebound From Virus Gains

January 18, 2021 Focus Washington

China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan […]

Email, RSS Follow
Business

Biden Heads Into Inauguration With a Stock Market Tailwind

January 18, 2021 Focus Washington

President-elect Joe Biden moves into the White House in the coming week with the biggest stock market tailwind since a presidential Election Day going back to at least 1952, CNBC informed. According to CFRA data […]

Email, RSS Follow
Business

Investors Push for Social Media Controls Ahead of U.S. Inauguration

January 15, 2021 Focus Washington

Pension fund managers and religious investors on Friday asked top social media companies to step up their content control efforts to reduce the threat of violence ahead of the inauguration of U.S. President-elect Joe Biden […]

Email, RSS Follow
Business

Biden’s $1.9 Trillion Rescue Package Offers Bridge for Hard-Hit Economy

January 15, 2021 Focus Washington

U.S. President-elect Joe Biden’s proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed to avoid long-term damage from […]

Email, RSS Follow
Business

Trump’s Business Prospects Just Got Dimmer as Wall Street Backs Away From Tarnished Brand

January 13, 2021 Focus Washington

More than two decades ago, Donald Trump the New York developer found refuge at Deutsche Bank after a syndicate of lenders, including predecessor firms to JPMorgan Chase and Citigroup, cut ties with him, CNBC reported. […]

Email, RSS Follow
Business

Goldman Sachs’ Chief Economist Warns a Pullback for Stocks Could Be Coming Soon

January 13, 2021 Focus Washington

Goldman Sachs Chief Economist Jan Hatzius said that U.S. stocks and bond markets could possibly “take more of a breather” in the near term, after hitting record highs last week, CNBC reports. U.S. stock markets […]

Email, RSS Follow
Business

Fed Sees Possible Economic Boom if Vaccine Gets on Track

January 12, 2021 Focus Washington

One U.S. Federal Reserve official says there is now a “clearer focus” about the economy’s path forward and a horizon for a fuller recovery. Another says the pandemic’s “endgame” is here. A third predicts 2021 […]

Email, RSS Follow
Business

Nearly $170 Billion Wiped off Cryptocurrency Market in 24 Hours as Bitcoin Pulls Back

January 11, 2021 Focus Washington

Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market, CNBC writes. The market capitalization or value of the cryptocurrency market was $959.53 billion at 12:10 p.m. […]

Email, RSS Follow
Business

Raging COVID-19 Cases Are Expected to Have Restrained U.S. Labor Market in December

January 8, 2021 Focus Washington

The U.S. economy likely created the fewest jobs in seven months in December or even shed workers as the country buckled under an onslaught of COVID-19 infections, marking the start of what is expected to […]

Email, RSS Follow
Business

Cryptocurrency Market Value Surpasses $1 Trillion for First Time as Bitcoin Hits $37,700 Record High

January 7, 2021 Focus Washington

Bitcoin smashed through $37,700 to hit a new record high on Thursday helping to lift the total value of the entire cryptocurrency market above $1 trillion for the first time, CNBC reported. The digital coin […]

Email, RSS Follow
Business

Oil Soars Near $50 After OPEC and Russia Agree to Roll Over Production Cuts

January 6, 2021 Focus Washington

A group of major oil producers have agreed to keep production broadly steady in February and March as the pandemic forces some economies back into lockdown and governments struggle to distribute vaccines, CNN reported. Russia […]

Email, RSS Follow
Business

Wall Street Drifts Higher as Georgia Runoffs Get Underway

January 5, 2021 Focus Washington

Wall Street’s main indexes climbed on Tuesday as investors took advantage of the previous session’s slump, while waiting for the outcome of battleground Georgia’s Senate runoff elections, which will determine the balance of power in […]

Email, RSS Follow
Business

NYSE Says Will Not Delist Three Chinese Telecom Firms

January 5, 2021 Focus Washington

The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants that have been targeted by U.S. President Donald Trump’s outgoing administration, in a shock reversal of an announcement made […]

Email, RSS Follow
Business

Dollar Slips as Yuan Fixing Lifts Riskier Currencies

January 5, 2021 Focus Washington

The dollar fell against major peers on Tuesday as China raised its official yuan exchange rate by the biggest margin since abandoning its peg in 2005, which helped support demand for other units, Reuters writes. […]

Email, RSS Follow
Business

Stock Futures Higher as Wall Street Looks for a Positive Start to the New Year

January 4, 2021 Focus Washington

U.S. stock futures were higher Monday morning ahead of the first trading session of 2021 following a volatile year, CNBC reports. Dow Jones Industrial Average futures were up 99 points. S&P 500 and Nasdaq 100 […]

Email, RSS Follow
Business

China Telco Shares Hit by NYSE Delisting Announcement

January 4, 2021 Focus Washington

Shares in China’s three biggest telecoms companies fell as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms in […]

Email, RSS Follow
Business

Tesla 2020 Deliveries Beat Estimates, but Fall Just Short of Musk’s Target

January 3, 2021 Focus Washington

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry, Reuters […]

Email, RSS Follow
Business

U.S. Airline 2020 Losses Expected to Top $35 Billion in Dismal COVID Pandemic

January 1, 2021 Focus Washington

The Covid-19 pandemic has been brutal for U.S. airlines and significant relief isn’t expected until the second half of 2021, CNBC informed. U.S. carriers’ 2020 net losses likely topped $35 billion, according to analyst estimates […]

Email, RSS Follow
Business

NYSE Starts Process of Delisting 3 Chinese Telco Companies

January 1, 2021 Focus Washington

The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled […]

Email, RSS Follow
Business

U.S. Weekly Jobless Claims Fall for Second Straight Week

December 31, 2020 Focus Washington

The number of Americans filing first-time claims for unemployment benefits unexpectedly fell for a second straight week last week but remain elevated more than nine months into the health and economic crisis triggered by the […]

Email, RSS Follow
Business

Investors Bullish on Stocks, Hoping for a Brighter 2021

December 31, 2020 Focus Washington

U.S. stocks are closing 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the end of the longest bull market and the shortest-lived […]

Email, RSS Follow

Posts navigation

1 2 … 30 »

Follow on Facebook

  • AstraZeneca Denies Its Vaccine Is Less Efficient in the Elderly
    January 26, 2021
  • U.S. Condemns Attack on Saudi Capital
    January 26, 2021
  • Biden Signs ‘Buy American’ Order, Pledges to Renew U.S. Manufacturing
    January 26, 2021
  • U.S. Senate Votes Overwhelmingly to Confirm Yellen as First Female Treasury Chief
    January 26, 2021
  • Google Workers to Form Global Union Alliance
    January 26, 2021

© 2018 Focus Washington