FINANCE
The benchmark interest rate for lending is now 4.75 to 5 percent, following the Federal Reserve's long-awaited announcement of a rate decrease on Wednesday, Sept. 18. After the Federal Open Market Committee (FOMC) meeting, held eight times a year, the organization that serves as America's central bank unveiled a 0.5-percent
China Pursues Subnational State Deals to Circumvent the US Federal Government
Chinese state-run Global Times recently published an article that hailed American state governments and...
Jeep Wrestles With Global Semiconductor Shortage; 1,600 Additional Layoffs at Illinois Plant
The worldwide semiconductor shortage has hit Jeep Cherokee’s U.S. manufacturing arm hard, forcing the...
Biden Will ‘Change Course’ on Infrastructure Plan If GOP Does Not Support: White House Advisor
White House advisor Cedric Richmond recently stated that President Joe Biden might consider other options...
China’s New Law Against Food Waste
A food waste regulation, first proposed by China’s National People’s Congress (NPC) in December, was...
Belgium Alibaba Airport Hub a Weak Link in Homeland Security Because of Communist Party Connection
Chinese spies may have free access to critical information in Belgium after the government allowed foreign...
Pandemic-Induced Inflation Spurs Misery and Hardship: Bloomberg Report
Bloomberg’s new report, “The Grocery Price Shock Is Coming to a Store Near You” issues a grim warning...
Eli Lilly Employees Expose Manipulation of Regulatory Documents on Plant Manufacturing COVID-19 Treatment
Indianapolis-headquartered pharmaceutical company Eli Lilly & Co is facing trouble at home after...
Amazon $3 Wage Bump a Warehouse Recruitment Stunt as Employers Struggle to Compete Against Welfare
E-commerce giant Amazon announced plans to permanently raise wages for more than 500,000 employees starting...
Communist China’s Plagiarism and Asymmetric Foreign Policy
At a recent lecture at Tsinghua University in Beijing, marketing expert and visiting professor, Zang...