NEWS
In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President Joe Biden proposed a hefty tariff increase on Chinese steel and aluminum. The proposal came on April 17 while he addressed union workers in Pennsylvania. If approved, these imports could see their tariffs “tripled,”
Leading Crypto Exchange Needs $8 Billion to Stave Off Bankruptcy
A formerly leading digital currency exchange is in such dire straits that it needs an $8 billion cash...
Dollar Advances Ahead of Inflation Data As Cryptocurrencies Crumble
SINGAPORE — The dollar regained its footing on Wednesday, Nov. 9 ahead of key U.S. inflation data due...
Nissan to Trim Production at US Plant, Cites Chip Shortage
Nissan Motor Co's U.S. arm said on Wednesday, Nov. 9 that supply chain issues will force it to trim production...
Russian Generals Order Retreat From Kherson City in Ukraine
Kherson, the largest city taken over by Russian troops since the beginning of the war in Ukraine, is...
Hubble Telescope Reveals Huge Star Explosion in Stunning Detail
WASHINGTON — About 11.5 billion years ago, a distant star roughly 530 times larger than our sun died...
Hochul Defeats Zeldin in Close Contest for NY Governor, Schumer Keeps Democrat Senate Seat
Republican Lee Zeldin, despite a strong climb in polls, was unsuccessful in his bid to unseat Gov. Kathy...
Oil Prices Fall 2.5% Amid ‘Zero-COVID’ Worries and Unstable Supply Chains
NEW YORK — Oil prices sank by more than $2 a barrel on Wednesday, Nov. 9 after industry data showed that...
Investors Face Uncertainty Over US Midterms, Spending & Regulation
NEW YORK — Investors on Wednesday, Nov. 9 said they were weighing a surprising outcome in the U.S. midterm...
Lester Chang’s Victory in NYS’s Assembly District 49 Unseats Longtime Democrat Incumbent Peter J. Abbate
On Nov. 8, voters in New York’s 49th Assembly District handed a comfortable victory to Lester Chang,...