In collaboration with the Ukrainian government, the U.S. Agency for International Development, or USAID, has created an app that connects Ukrainians with their government so they can access public services…
more ...Strong US Jobs Report Cheers Biden, Raises Questions for Fed
The labor market in the United States continued to defy expectations in May, adding 339,000 new jobs. The figure was far above what economists had expected and signals that ongoing…
more ...Biden Delivers Oval Office Remarks on US Avoiding Default
President Joe Biden delivered remarks Friday evening on the Fiscal Responsibility Act, bipartisan legislation achieved following weeks of tough negotiations that suspends the government’s debt limit and avoids a potentially…
more ...Biden to Deliver Remarks on US Avoiding Default
President Joe Biden is set to sign the Fiscal Responsibility Act, legislation that suspends the U.S. government’s debt limit through January 2025 and avoids a potentially disastrous default on U.S.…
more ...US Employers Added 339,000 Jobs in May as Labor Market Stays Durable
The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately…
more ...Developing Nations Struggle to Return Employment to Pre-Pandemic Levels
A combination of crises, including high indebtedness, global inflation, the war in Ukraine, and a slow recovery from the COVID-19 pandemic has left many countries in the developing world without…
more ...US Senate Now Considering House-Approved Debt Ceiling Deal
The U.S. Senate could vote as soon as Thursday on a measure to suspend the government’s borrowing limit until early 2025 to avert a first-ever default when the United States…
more ...Amazon to Pay $31 Million in Privacy Violation Penalties for Alexa Voice Assistant, Ring Camera
Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids’…
more ...China Eyes Spain in Drive to Conquer European EV Market
The International Energy Agency says Chinese car manufacturers are emerging as a major force in the global electric car market, with more than 50% of all electric cars on roads…
more ...Zimbabwe Government Moves to Rescue Worthless Local Dollar
Zimbabwe’s government has instituted several measures it says will increase demand for the local currency and raise its value, as well arrest demand for the U.S. dollar. But as Columbus…
more ...China’s Micron Chips Ban Is Litmus Test for South Korea
The semiconductor trade war between Washington and Beijing may ensnare Seoul as South Korea must decide between backing its closest ally or embracing a lucrative export opportunity presented by China,…
more ...US House of Representatives Approves Debt Ceiling Deal
The U.S. House of Representatives approved legislation to suspend the government’s borrowing limit until early 2025, a step toward averting a Washington political showdown five days before the country could…
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