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FINANCE

Japan’s Nippon Steel Committed to Closing US Steel Plant Deal by Year-end

Japan's top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy U.S. Steel, which it expects to boost output and profits, the company

TikTok Sues to Overturn US Law Forcing Divestment From ByteDance

In the latest chapter of ongoing tensions between TikTok and the U.S. government, the wildly popular social media platform has filed a lawsuit against the latter. The legal action comes
How NYC’s Business Improvement Districts Are Helping Small Businesses Thrive
Oil Prices Set for Steepest Weekly Drop in Three Months
Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. (Image: Screenshot / REUTERS)
How the CCP Inflates China’s GDP
Blinken in China: Calls for ‘Level Playing Field,’ Resolution Over Trade Disputes
Innovation, Sustainability Shine at Natural Products Expo in California
Biden Proposes Tripling Tariffs on Chinese Steel, Aluminum to Counter Beijing’s Product Dumping
Chinese President Xi Jinping speaks with Russian President Vladimir Putin via a video link, from the Great Hall of the People on December 2, 2019 in Beijing, China
China’s Central Bank Increasingly Under Beijing’s Control
Pressed by senior leaders anxious about the declining economic growth, the People’s Bank of China (PBOC...
Joe Biden speaks to reporters as he walks to Marine One on the South Lawn of the White House December 15, 2021 in Washington, DC.
Households Spending $3,500 More This Year Due to Inflation, Study Finds
Inflation is hitting record levels and Americans are spending more of their earnings on their daily needs...
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China Clamps Down on Starbucks, Tesla as It Encourages Boycotts of International Brands
By Tianzi Yang A report published on Dec. 14 described a Chinese reporter trying to expose food safety...
Sign outside one of the offices of McKinsey & Company.
Sen. Rubio: Consulting Firm That Served Pentagon Lied About Its Links to Chinese Government
According to Senator Marco Rubio from Florida, the world’s largest management and consulting firm McKinsey...
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Bank of England Hikes Interest Rates in Bid to Battle Inflation
In an attempt to rein in inflation the Bank of England (BoE) on Thursday voted to raise interest rates...
Chinese and Russian hackers pose a major security threat to the U.S. This photo taken on August 4, 2020 shows Prince, a member of the hacking group Red Hacker Alliance who refused to give his real name, using his computer at their office in Dongguan, China's southern Guangdong province.
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played...
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Panic at the Fed: Interest Rate Increases Coming as Inflation Soars
On Wednesday Dec. 15, the Federal Reserve (Fed) lifted its forecast for U.S. inflation in 2022 to 2.6...
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Inflation in US Alarmingly High But Might Ease Next Year
Inflation in the United States is not showing any signs of abating. On Dec. 10, the Labor Department...
China economy failing
The Economic Scenario Beijing Fears Most Is Just Around the Corner
News analysis On Dec. 8 through Dec. 10, China held its annual Central Conference on the Economy in...