Jobless Claims Fall, But Economic Slowdown Persists
The number of Americans filing for jobless benefits dropped last week, undoing nearly half of the previous week's spike.
U.S. Warns of Economic Impact if Taiwan Chip Production Is Disrupted
Commerce Secretary Gina Raimondo emphasized that a potential Chinese invasion of Taiwan and the takeover of chip manufacturer TSMC would be catastrophic for the U.S. economy.
TikTok Takes the Feds to Court Over Security vs. Free Speech
TikTok has filed a lawsuit challenging a new federal law that could force its Chinese parent company, ByteDance, to sell the app or face a ban in the U.S.
U.S. Moves to Ban Russian Uranium Imports
In a bid to further pressure Russia over its war in Ukraine, the U.S. Senate has unanimously passed a bill to prohibit Russian uranium imports.
Biden Proposes Tripling Tariffs on Chinese Steel and Aluminum Imports
President Joe Biden is advocating for a significant increase in tariffs on Chinese steel and aluminum imports, proposing to triple the current rates.
TSMC's Strategic Expansion into the U.S. Market
Taiwan Semiconductor Manufacturing Company (TSMC) is making a significant move by bringing its most advanced technology to America, aligning with U.S. President Joe Biden’s goals for a secure tech supply chain.
The Big Shift in U.S. Imports: More Containers, Higher Prices
Here’s a quick rundown on the latest U.S. import scene: Inflation’s not the only thing on the rise – we’re seeing a significant increase in imports from China, especially after their factories reopened post-Lunar New Year.
There Is a Severe Weather Alert for the South and Mississippi Valley
This week, the South and Mississippi Valley are facing another severe weather threat, hot on the heels of a storm last week that resulted in at least three fatalities.
Progress in Baltimore Bridge Collapse Cleanup
The Unified Command, a coalition involving the U.S. Coast Guard, U.S. Army Corps of Engineers, and other key agencies, has started a crucial phase in the aftermath of the Baltimore bridge collapse.
Yellen's Firm Stance on China's Industrial Capacity
U.S. Treasury Secretary Janet Yellen recently wrapped up a series of meetings in China, where she firmly addressed the issue of Chinese overproduction and its impact on global markets.
U.S. Surpasses China as Global Leader in Millionaire and Billionaire Growth, Report Reveals
The U.S. has overtaken China as the leading nation for millionaires and billionaires, reports Henley & Partners and New World Wealth in their 2024 USA.
US Justice Department Sues Apple for Alleged Monopoly in Smartphone Market
The US Justice Department and multiple states are suing Apple, accusing it of monopolizing the smartphone market.
Biden’s Bold Electric Vehicle Push
President Biden has announced America's strictest vehicle exhaust emissions regulations yet, aiming to push the auto industry towards all-electric cars.
America's Happiness Quotient is a Deepening Concern in Global Rankings
The United States has slipped to its lowest-ever ranking in the annual World Happiness Report, dropping eight spots to 23rd place.
China's Manufacturing Dominance is Shifting Global Trade Dynamics
The global market is currently flooded with goods from Chinese factories, ranging from cars and appliances to computer chips and electronics.
Trump Warns Against TikTok Ban, Citing Concerns Over Facebook's Dominance
Former President Donald Trump expressed concerns about the proposed ban on Chinese-owned social media app TikTok in the United States during an interview on CNBC's "Squawk Box" on Monday.
Revealing Disparities With Biden's Infrastructure Investments and Electoral Realities
The Biden administration's landmark laws are allocating billions of dollars nationwide, funding diverse projects from Florida's roads to Alaska's broadband lines.
Gold Hits Record High Amid U.S. Unemployment Rise
Gold prices soared to a new record high on Friday, driven by reports of a rise in the U.S. unemployment rate.
Joe Biden's Spirited State of the Union Is A Defining Moment for American Politics
Joe Biden visibly relished his time as president, evident in his leisurely stroll down the House chamber aisle, shaking hands and snapping selfies with attendees.
U.S. House Pushes for TikTok Divestment
The U.S. House of Representatives is speeding up a vote next week on a bill that would force China's ByteDance to sell off TikTok within six months or face a U.S. ban.