FINANCE
In a sweeping move aimed at safeguarding national security, the U.S. has proposed a ban on the use of Chinese and Russian technology in the manufacturing of vehicles, including cars, trucks, and buses. The decision, announced by the U.S. Department of Commerce on Sept. 23, is driven by mounting concerns
Bitcoin Miners Flee China Amidst CCP Crackdown, Many Heading for Texas
China is responsible for around 70 percent of Bitcoin blockchain operations in the world, mostly concentrated...
Didi Investor Temasek’s Portfolio Value Surges as China Cracks Down on Companies, Calls for Protecting
Singapore-based Temasek Holdings has reported a 24.5 percent increase in its portfolio value for the...
Nearly 2 Million Workers Expected to Rejoin US Labor Force When Federal UI Bonus Ends
The U.S. economy is projected to regain 1.84 million workers when federally sponsored COVID-19 unemployment...
Treasury Secretary to Review Climate Change Risk to US Financial System
Janet Yellen, the U.S. Treasury Secretary, has announced that she will be leading an effort by some of...
Washington Blacklists More Chinese Companies Linked to Uyghur Abuses, Military Connections
On July 9th, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced that it...
Trillion Dollar Bipartisan Infrastructure Deal to Hit Senate Floor Soon
A 1.2 trillion dollar bipartisan infrastructure plan supported by President Joe Biden could hit the Senate...
Officials Visit Bronx Businesses as NYC Launches ‘Shop Your City’ Challenge
On Tuesday, July 6, 2021 at 3 p.m., Jonnel Doris, Commissioner of New York City’s Small Business Service...
The US Military Is Finding It Harder and Harder to Buy Semiconductors
Shortages, supply chains, and security weigh heavily in which chips can and can’t be used Semiconductors...
Oil Prices Soar to Six-Year High Amidst OPEC Plus Infighting, Creating Winners and Losers
Infighting among key players of the Organization of the Petroleum Exporting Countries (OPEC) Plus alliance...