The top United States trade negotiator said China is failing to live up to its trade commitments from last year and that Washington would soon have “frank conversations” with Beijing. In a speech Monday in Washington, U.S. Trade Representative…
more ...Colleagues’ Stock Trading Scandals Slow Fed Chief Powell’s March to Renomination
With time ticking down on his term as chairman of the U.S. Federal Reserve Board, Jerome Powell’s reappointment to the post looks less certain than it did just a few…
more ...Secret Wealth of High-Profile Individuals Revealed in ‘Pandora Papers’ Leak
World leaders, politicians and pop stars are among the thousands of individuals revealed to be concealing huge wealth through a network of anonymous companies. The documents, known as the Pandora…
more ...Facebook, Instagram, WhatsApp Suffering Outages
An outage has left millions of people around the world unable to use Facebook along with its Instagram and WhatsApp platforms to connect with friends, family and others. “We’re aware…
more ...Share Trading in Embattled China Evergrande Halted in Hong Kong
Trading in shares of heavily indebted China Evergrande was suspended on Monday, days after some bondholders said the property developer at the center of jitters over China’s financial system had missed a second key bond…
more ...Facebook Whistleblower Says Firm Chooses ‘Profit Over Safety’
The whistleblower who shared a trove of Facebook documents alleging the social media giant knew its products were fueling hate and harming children’s mental health revealed her identity Sunday in…
more ...No More Immigration: PM says Britain in Period of Adjustment
British Prime Minister Boris Johnson said on Sunday he would not return to “uncontrolled immigration” to solve fuel, gas and Christmas food crises, suggesting such strains were part of a…
more ...Surviving the Pandemic: Bistro, Beer, Books and Bikes Make a Go of It
Life in the United States in 2021 seems more normal than the year before. The arrival of vaccines means the relaxing of rules for restaurant goers and sports enthusiasts. Even…
more ...Biden Says He’ll ‘Work Like Hell’ to Pass Infrastructure, Social Spending Bills
U.S. President Joe Biden said on Saturday he was going to “work like hell” to get both an infrastructure bill and a multi-trillion-dollar social spending bill passed through Congress and…
more ...Twitter Appeals French Court Ruling on Anti-Hate Speech
Twitter has appealed a French court decision that ordered it to give activists full access to all of its relevant documents on efforts to fight hate speech, lawyers and a…
more ...How China’s Ban on Cryptocurrency Will Ripple Overseas
Since China’s government declared all cryptocurrency transactions illegal last week and banned citizens from working for crypto-related companies, the price of bitcoin went up despite being shut out of one…
more ...China’s Tech Titans Funding Beijing’s Effort to Close Income Gap
During the three-day World Internet Conference held in Wuzhen, China, this week, the country’s biggest tech tycoons rushed to show their support for Beijing’s “common prosperity” initiative. Their enthusiasm for…
more ...Fitch Says US Sovereign Rating Pressured by Debt Limit Brinkmanship
Fitch Ratings said Friday the United States’ AAA sovereign credit rating could be pressured if federal lawmakers fail to address the debt ceiling in a timely manner, noting that political…
more ...US Consumer Spending Beat Expectations in August; Inflation Rises
U.S. consumer spending increased more than expected in August, but a downward revision to July data kept intact expectations that economic growth slowed in the third quarter as a resurgence…
more ...America’s Investment in Infrastructure Doesn’t Always Pay Off
About two centuries ago, American local, state and federal governments poured millions of dollars into building canals to move the nation’s people and goods. By 1840, there were 3,000 miles…
more ...Lithuania Urges Users to Ditch Chinese Smartphone Over ‘Built-In Censorship Tool’
A popular Chinese-made phone has a built-in censorship tool that can blacklist search terms on the web, according to research by the Lithuanian government. The country is urging owners of…
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