Business

Business 09/19/19, 02:11

The Federal Reserve (Fed) decided to lower interest rates on Wednesday, Sept. 18, to help provide insurance for U.S. economy against ongoing risks, but the cut was small, inciting a sharp rebuke from President Donald ...

Business 09/18/19, 09:50

The Federal Reserve looks poised to cut interest rates for a second time on Wednesday, Sept. 18, to help extend economic expansion in the face of global weakness, President Donald Trump’s trade war with China, ...

U.S. 09/17/19, 18:51

The U.S. Department of Justice on Monday, Sept. 16,  accused three senior JPMorgan officials of alleged extortion and price manipulation of metals such as gold, silver, platinum, and palladium between 2008 and 2016. In an official ...

Business 09/16/19, 21:32

President Donald Trump said on Sept. 16 that the Federal Reserve (Fed) now has another important reason to cut interest rates sharply, one day before its Federal Open Market Committee (FOMC) holds a policy meeting ...

Business 09/16/19, 19:25

Purdue Pharma LP, manufacturer of the opioid painkiller OxyContin, declared bankruptcy in the face of thousands of lawsuits received. The company is accused of promoting the opioid crisis that causes tens of thousands of deaths ...

U.S. 09/16/19, 11:01

President Donald Trump on Sunday said he has approved the use of oil from the strategic petroleum reserve if needed after attacks on Saudi Arabia oil facilities may disrupt global supply and push up prices. “Based ...

Business 09/16/19, 04:20

More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike. Workers shut down 33 ...

Business 09/14/19, 18:49

President Donald Trump declared his administration has ended the United States’ reliance on foreign energy sources. "We are ending decades of foreign energy reliance to unleash the blessings of American energy independence," President Trump told House ...

World 09/13/19, 20:55

President Donald Trump said Thursday his administration is postponing tariff hikes to give China "a two week reprieve" and "in honor of President Xi." In the latest of conciliatory gestures between the United States and China ...

U.S. 09/13/19, 19:03

Israeli private companies are beginning to reject Chinese investments amid tensions between the United States and the Asian giant, an expert revealed. Simon Weintraub, a Tel Aviv lawyer who represents Israeli technology companies in negotiations with ...

Business 09/13/19, 10:36

The U.S. government’s budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections, according to the Associated Press. The Treasury Department ...

Business 09/13/19, 10:27

President Donald Trump on Thursday, Sept. 12, criticized central bank of Europe and the central bank of the United States, saying the latest rate cut by the European Central Bank (ECB) is hurting U.S. exports, ...

Business 09/12/19, 19:06

Mexico could begin to benefit if the United States and China decide to continue the trade war, because it has a strengthened industrial fabric in the field of manufacturing and numerous trade agreements. Mexico has emerged ...

Business 09/12/19, 10:31

President Donald Trump on Wednesday, Sept. 11, said his administration has agreed to temporarily delay a planned tariff hike on Chinese goods “as a gesture of good will” after a top Chinese negotiator made a ...

Business 09/11/19, 14:37

Facebook CEO Mark Zuckeberg has refused for the third time to appear before the International Grand Committee on Disinformation and "Fake News" which will meet in an extraordinary session on Nov. 7. Facebook's public policy director ...

Business 09/11/19, 12:04

After increasing to a post-recession high in 2017, U.S. household incomes continued to rise in 2018 and finally hit the previous peak set 20 years ago, adding to the evidence that President Donald Trump’s pro-economic ...

Business 09/10/19, 22:13

Apple Chief Executive Officer Tim Cook on Tuesday in Cupertino, California, unveiled the iPhone 11 series that will be on the market on September 20. The new series will look like recent models, but will be ...

Business 09/10/19, 15:46

The development of 5G technology, led and controlled by the Chinese communist regime, is a matter or great concern to "U.S. and allied governments," William Schneider Jr., a senior fellow at the Hudson Institute, warned. The ...

U.S. 09/10/19, 01:59

Fifty U.S. states and territories, led by Texas, announced an investigation into Google's "potential monopolistic behavior." The Monday announcement closely followed one from a separate group of states Friday, Sept. 6, that disclosed an investigation into ...

Business 09/09/19, 19:30

The decline in capital investment in the United States could be attributed more to falling oil prices and difficulties with Boeing's 737 Max 8 jet than to the trade war with the Chinese regime, wrote ...