The U.S. Federal Reserve on Wednesday effectively established a three-part test that must be met before it will raise interest rates: the economy must be at "maximum employment," inflation must have "risen to 2 percent" and it must be "on track to moderately exceed 2 percent for some time."...
The U.S. Agriculture Department on Friday announced details of a second round of COVID-19 aid for farmers, which will pay up to US$14 billion to growers of major crops such as corn, soybeans and wheat.
The Trump administration will ban WeChat and video-sharing app TikTok from U.S. app stores starting Sunday night, a move that will block Americans from downloading the Chinese-owned platforms over concerns they pose a national security threat.
WASHINGTON: The US Commerce Department issued an order on Friday (Sep 18) that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on Sep 20. Commerce officials said the ban on new US downloads of TikTok could be still ...
U.S. Commerce Secretary Wilbur Ross on Friday defended additional government help for industries such as farming and airlines amid the coronavirus pandemic, saying other sectors such as restaurants had been helped in other ways.
The U.S. current account deficit soared to its highest level in nearly 12 years in the second quarter as the COVID-19 pandemic weighed on the exports of goods and services.
U.S. President Donald Trump offered to pardon Julian Assange if the WikiLeaks founder provided the source for the hacking of Democratic National Committee emails before the 2016 U.S. presidential election, a London court was told on Friday.
SINGAPORE: Citi on Friday (Sep 18) pledged to offer 6,000 jobs over the next three years to young people across Asia Pacific, in response to rising youth unemployment amid the COVID-19 pandemic. The bank will also offer 60,000 skills training opportunities over the same period to youths across its ...
U.S. Commerce Secretary Wilbur Ross on Friday defended additional government help for industries such as farming and airlines amid the coronavirus pandemic, saying other sectors such as restaurants had been helped in other ways.
The U.S. Commerce Department plans to issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20, three officials told Reuters.
