Business and Financial News - WTOP News

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence

Credit: AP/Julia Demaree Nikhinson

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence

Head of DC restaurant association warns 2026 could be another hard year for eateries

Head of DC restaurant association warns 2026 could be another hard year for eateries

Court says Trump admin illegally blocked billions in clean energy grants to Democratic states

Court says Trump admin illegally blocked billions in clean energy grants to Democratic states

Carney visits China this week in a bid to rebuild ties and reduce Canadian dependence on US

Carney visits China this week in a bid to rebuild ties and reduce Canadian dependence on US

Offshore wind developer prevails in court as Trump says the US ‘will not approve any windmills’

Offshore wind developer prevails in court as Trump says the US ‘will not approve any windmills’

Wall Street ticks to records after shaking off worries about Trump’s feud with the Fed

Wall Street ticks to records after shaking off worries about Trump’s feud with the Fed

More Business & Finance

Google’s corporate parent joins $4 trillion club as investors continue to bet on AI breakthroughs

Google’s corporate parent joins $4 trillion club as investors continue to bet on AI breakthroughs

Apple calls on Google to help smarten up Siri and bring other AI features to the iPhone

Apple calls on Google to help smarten up Siri and bring other AI features to the iPhone

The Trevor Project receives $45M from MacKenzie Scott after difficult years and federal funding cuts

The Trevor Project receives $45M from MacKenzie Scott after difficult years and federal funding cuts

Cyprus president’s top aide quits after online video alleging government corruption

Cyprus president’s top aide quits after online video alleging government corruption

Bringing charges against the Fed: What we do (and don’t) know

Bringing charges against the Fed: What we do (and don’t) know

Malaysia and Indonesia become the first countries to block Musk’s Grok over sexualized AI images

Malaysia and Indonesia become the first countries to block Musk’s Grok over sexualized AI images

Allegiant Air to acquire Sun Country Airlines in $1.5B deal

Allegiant Air to acquire Sun Country Airlines in $1.5B deal

Meta names former Trump adviser Dina Powell McCormick as president and vice chairman

Meta names former Trump adviser Dina Powell McCormick as president and vice chairman

A casino in your pocket? Bill hopes to bring online gambling to Virginia

A casino in your pocket? Bill hopes to bring online gambling to Virginia

Mattel adds an autistic Barbie to doll line devoted to showcasing diversity and inclusion

Mattel adds an autistic Barbie to doll line devoted to showcasing diversity and inclusion

China and EU agree on steps to resolve EV imports dispute

China and EU agree on steps to resolve EV imports dispute

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Trump ‘inclined’ to keep ExxonMobil out of Venezuela after CEO response at White House meeting

Trump ‘inclined’ to keep ExxonMobil out of Venezuela after CEO response at White House meeting

A $400,000 payout after Maduro’s capture is putting prediction markets in the spotlight

A $400,000 payout after Maduro’s capture is putting prediction markets in the spotlight

Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot

Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbot

‘Avatar: Fire and Ash’ tops box office for fourth straight week with newcomer ‘Primate’ second

Trump executive order tightens grip on Venezuelan oil revenue amid US sanction

Trump executive order tightens grip on Venezuelan oil revenue amid US sanction

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

Galleries and Video

Front angle of the 2026 Toyota Corolla Cross Hybrid XSE

December 19

Car Review: 2026 Corolla Cross Hybrid XSE — A lot jammed into a small package

Honda CR-V TrailSport Hybrid trim

December 12

New CR-V TrailSport Hybrid is here to sip fuel, off-road and on

Polestar 3

November 21

Car Review: Polestar 3, the electric SUV ready to zoom down Abbey Road

2025 Audi Q5

November 14

Car Review: The Audi Q5 is revamped and peppy

Audi A6 Sportback e-tron quattro

October 31

Car Review: Electric Audi dials up the tech, range

2026 Genesis GV80

October 24

Car Review: Bigger Genesis SUV makes others (matte) green with envy

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