Ben Werschkul is Washington correspondent for Yahoo Finance covering economic policy and the intersection of financial issues and the nation's capital. He has covered Washington for over 20 years as a reporter and video producer, working previously at The New York Times and CNN.
- Yahoo Finance
Trump has billions in new paper wealth. But accessing it quickly could get messy.
The cash-strapped Donald Trump would benefit from tapping his billions in new paper wealth generated by DJT. But he might have no choice but to wait.
- Yahoo Finance
Larry Fink defends BlackRock's energy bets days after Texas dust-up
Larry Fink said BlackRock remains a big investor in oil and gas companies days after a giant Texas retirement system pulled $8.5 billion from the money manager for allegedly engaging in a boycott of the fossil fuel industry.
- Yahoo Finance
How changes to an abortion pill could lead to an impact 'bigger than Dobbs'
The economic fallout from the reversal of Roe v. Wade was lessened by a surge in telemedicine. That could change depending on the outcome of another Supreme Court case this year.
- Yahoo Finance
Biden signs $1.2 trillion spending plan, avoiding government shutdown
Washington has a plan to avert a government shutdown but faces a gauntlet of procedural steps in the hours ahead before a stoppage can be averted at midnight on Friday.
- Yahoo Finance
Donald Trump is set for a $3 billion paper windfall. It may not solve his current cash crunch.
Donald Trump could net a $3 billion paper windfall after shareholders of Digital World Acquisition voted Friday to merge with his media business. But that may not solve his cash crunch.
- Yahoo Finance
How Intel won $8.5 billion in chipmaking cash from Biden
Intel CEO Pat Gelsinger has spent the last three years lobbying Washington to make billions available to American chipmakers. On Wednesday, that paid off for his company.
- Yahoo Finance
Congressional leaders announce a deal to avert a partial shutdown. Now they just need to pass it.
Washington leaders announced a deal Tuesday that would put a pause on protracted government funding fights at least for a few months.
- Yahoo Finance
The effort to ban TikTok faces potential 'graveyard' in Senate
The Senate was the key stumbling block in recent years when Washington confronted Big Tech. The question is whether that will change as it weighs the fate of TikTok in the US.
- Yahoo Finance
How both Biden and Trump got to 'no' on the US Steel-Nippon merger
It took several months for Joe Biden and Donald Trump to arrive at their opposition to a sale of an iconic American steelmaker to a Japanese giant.
- Yahoo Finance
Both sides of the aisle are pressuring Powell on interest rates
Jerome Powell has pledged to "never" consider politics when considering the direction of interest rates. But that isn't stopping both sides of the aisle from trying.
- Yahoo Finance
Why a possible TikTok ban could face an uphill climb after passing House
The House advanced a bill to give China's ByteDance six months to divest TikTok or face a US ban on the app. It likely will face more pushback in the Senate.
- Yahoo Finance
The Fed’s 2% inflation target is a source of growing liberal discontent
Jay Powell is staying hyper-focused on a numeric inflation goal that originated with an off-the-cuff remark in New Zealand 36 years ago — despite pushback from Democrats.
- Yahoo Finance
Biden calls for tax hikes to shore up Social Security as Trump floats entitlement cuts
A back-and-forth between Joe Biden and Donald Trump Monday showed how Social Security is likely to be a front-burner issue in the 2024 campaign.
- Yahoo Finance
Biden is spreading $442 billion across the US. The impact could be greatest where he’s least popular.
Two of Joe Biden's signature laws appear all but certain to have the most impact in rural corners of the US that are far from the President's likely base of voters this November.
- Yahoo Finance
How Biden riffed on the economy during a fiery State of the Union
President Biden departed from his script numerous times during a State of the Union address Thursday night to discuss economic issues.
- Yahoo Finance
State of the Union: You’re going to hear a lot about ‘shrinkflation’ and taxes during tonight’s speech
White House officials are making it clear that a significant chunk of President Joe Biden's speech Thursday will be focused on kitchen-table topics, from credit card fees to drug prices.
- Yahoo Finance
Rate cuts likely at 'some point' this year: Fed's Powell
Fed Chair Jerome Powell plans to tell lawmakers Wednesday that interest rate cuts are likely in 2024 but that the central bank will proceed cautiously as it evaluates whether inflation is cooling appropriately.
- Yahoo Finance
How another round of government dysfunction might delay your tax refund
Tax filing season is always a harried time for millions of Americans. A potential shutdown at the IRS just weeks before April 15 could make it even more chaotic than usual.
- Yahoo Finance
How Trump has talked about stocks under Biden — in 5 stages
Donald Trump has not been shy about discussing stocks since he left office in 2021, with his rhetoric changing dramatically depending on the market's ups and downs.
- Yahoo Finance
Congress just averted a government shutdown this weekend. The new deadline is just a week away.
Lawmakers moved quickly Thursday to avert a weekend government shutdown, but the deal only pushes some of the funding deadlines by a single week.