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The Latest Breaking News from Washington D.C.

US Treasury Chief To Speak With China Counterpart As Tensions Flare

US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.

International Business Times

‘A foot out in the cold’: leaders huddle at IMF as icy economic winds blow

Worries over private credit, tax and spend, skittish bond markets and tariff chaos dominate meeting in Washington

The Guardian - UK

US Chip Stocks Tumble As Trade Tensions With China Heat Up

Semiconductor equities faced sharp selling pressure on Friday, with shares of Nvidia Corporation (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO), Marvell Technology, Inc. (NASDAQ:MRVL), Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), Intel Corporation (NASDAQ:INTC), Arm Holdings plc (NASDAQ:ARM), and Micron Technology, Inc. (NASDAQ:MU) all trading lower amid intensifying geopolitical friction between Washington and Beijing.

Benzinga

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Amazon reveals 960 megawatt nuclear power plans to cope with AI demand — Richland, Washington site tapped for deployment of Xe-100 small modular reactors

Amazon has revealed plans to help build one of the United States’ first modular nuclear power campuses in a move designed to supply carbon-free electricity for its growing AI and cloud workloads.

Tom’s Hardware

Saudi Arabia Reportedly In Talks With US For Defense Deal

Saudi Arabia is reportedly in talks with the Trump administration for a defense agreement that mirrors last month’s U.S.-Qatar pact, which commits Washington to view any attack on the Gulf nation as a threat to “American peace and security.”

Benzinga

US-China Trade Fight Hits Chinese Tech Stocks

U.S.-listed shares of major Chinese corporations, including Alibaba Group Holding Ltd. (NYSE:BABA), Baidu Inc. (NASDAQ:BIDU), PDD Holdings Inc. (NASDAQ:PDD), JD.com Inc. (NASDAQ:JD), NIO Inc. (NYSE:NIO), Li Auto Inc. (NASDAQ:LI), and XPeng Inc. (NYSE:XPEV), slid on Friday amid escalating geopolitical tensions between Beijing and Washington.

Benzinga

Trump-Zelenskyy meeting: Can the US president force Moscow into ceasefire?

When Donald Trump and Volodymyr Zelenskyy meet in Washington on Friday, they are expected to discuss how to force Moscow into peace negotiations to end the war in Ukraine.

Euronews

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Ukraine-Russia war latest: Trump ‘doesn’t think Kyiv will win’ after demanding Zelensky cede land to Putin

Donald Trump expects Ukraine to surrender territory in any peace agreement

The Independent UK

'This Is The Caribbean, Peace And Love': Trinidadians On US Boat Strikes

Trinidad and Tobago was in shock Thursday over the reported deaths of two local men in a US strike on a suspected drug boat, the latest of Venezuela's neighbors to become sucked into Washington's pressure campaign.

International Business Times

Ukraine war briefing: Putin back in Trump’s ear as soon as Tomahawks came up, says Zelenskyy

US president reveals plan to meet Russian ruler again as Ukrainian president visits Washington; EU’s fuel importers will have to prove it’s not Russian. What we know on day 1,332

The Guardian - AU

Jeanine Pirro fails again: DC jury finds protester not guilty of assaulting FBI agent in case she can’t stop losing on

Washington’s top prosecutor loses another case stemming from the Trump administration’s federal takeover

The Independent UK

For succession planning to work, boards need to hunt for future CEOs with these 4 traits, YouTube exec says

YouTube exec Tara Walpert Levy spoke at Fortune's Most Powerful Women conference in Washington, D.C., on Tuesday.

Fortune

Trump's Rare Earth Push Brings This ETF In Focus Amid China Trade Clash

As trade tensions with China flare up once again, rare earth metals —the quiet power behind modern technology and defense systems —are back in the spotlight. With Beijing tightening export restrictions and Washington signaling fresh support for domestic producers, the stage is set for a new wave of investor interest…

Benzinga

Scott Bessent says Chinese top trade envoy came to Washington uninvited

US treasury secretary says Li Chenggang was ‘unhinged’ and ‘disrespectful’ during visit to DC in August

The Independent UK

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The Guardian - UK

Russia bombards Ukraine’s gas sites as Zelenskyy flies to US for Trump meeting

Strikes cause outages in eight regions before Washington talks to discuss US providing Kyiv with cruise missiles

The Independent UK

Air traffic controller tells lawmakers he’s working as a DoorDash driver to pay for daughter’s tuition

Federal employee tells NewsNation town hall panellists he has been forced to take a second job to make ends meet during the government shutdown

Euronews

Tomahawks for Ukraine: Game changing weapon or leverage over Moscow?

Fresh off the Gaza ceasefire deal, Donald Trump is about to meet with Volodymyr Zelenskyy to discuss the possibility of selling Tomahawk missiles to Ukraine. Both Washington and Kyiv believe it may bring Vladimir Putin to the negotiating table.

The Independent UK

Ukraine-Russia war latest: Zelensky in US for Trump meeting after President announces new Putin summit

Ukrainian president will hold talks in the Oval Office after Trump said he would meet Putin in Hungary

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news in one place.

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Fortune

Washington, D.C., Mayor Muriel Bowser says fear of ICE is disrupting business: ‘People aren’t going to work’

D.C.’s mayor says the city is still on edge amid National Guard deployments, immigration sweeps, and a shrinking federal footprint.

International Business Times

EU Economy Chief Urges G7 To Join Plan Tapping Russia Assets For Ukraine

The EU will urge G7 partners to consider tapping immobilized Russian assets in aiding Ukraine, the bloc's economy commissioner told AFP on Wednesday, as finance ministers of the group convene in Washington.

The Independent UK

Trump has threatened to give Tomahawk missiles to Ukraine – but can they turn the tide of the war?

IN DEPTH: Washington may give access to powerful Tomahawk missiles, with Moscow threatening to respond. Experts tell Nicole Wootton-Cane that the weapons could significantly boost Ukraine - but their power shouldn’t be overstated

Benzinga

Scott Bessent Says It's 'China Versus The World'—Then Why's Bitcoin Down To $111,000?

U.S. Treasury Secretary Bessent on Wednesday said that the recent stock market decline will not influence Washington's China policy, while Bitcoin (CRYPTO: BTC) languishes around $111,000 as traders hope for a potential October rebound.

International Business Times

US Treasury Chief: Beijing's Rare Earths Move Is 'China Vs World'

US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled."

GOBankingRates

5 States Where Retirees Are Secretly Paying the Highest Hidden Taxes and Fees

Here are the top 5 states where retirees see the highest hidden taxes and fees, from Hawaii to Washington state, with some paying well over $30k/year.

The Independent UK

Sirens interrupt Trump bragging about how DC has no crime

Sirens interrupted Donald Trump as he bragged about how Washington DC has no crime.

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