Government

Corporate Greed Is Not the Main Driver of US Inflation: Fed Study

Corporate greed is not the main driver of US inflation, according to a study released by the Federal Reserve Bank of San Francisco.


US Trade Blacklist Hits China's Quantum Research Institutes and Companies; Scientists Sound Alarm

Chinese physicists raise concerns over US trade restrictions impacting quantum research, with 22 entities, including Origin Quantum Computing Technology, facing limitations...

South Korea to Provide Chip Investment and Research Support Package Valued Over $7 Billion

South Korea is planning to release a chip investment and research support package worth over $7.3 billion...

RBNZ Expects 2.3% Drop in New Zealand’s Q2 Inflation Rate

The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%...


Latest News

States With Abortion Bans Is Driving Away Young Employees
Young employees do not want to work in 20 states with Abortion bans, according to a survey with respondents aged 18-34 years old.
Global Olive Oil Production Hits Decade Low, Prices Set to Rise
Olive oil costs are still rising, so consumers should prepare for more increases. Olive oil prices are expected to exceed £16 per liter ($21).
Tennessee Cleaning Company Fined $650,000 for Illegally Hiring Children, Some as Young as 13, to Clean Dangerous Slaughterhouses
A cleaning company in Tennessee has agreed to pay nearly $650,000 after a federal probe found it had employed over 20 children to clean dangerous slaughterhouses in Virginia and Iowa.
Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US
The administration of President of Joe Biden has implemented visa restrictions on executives of several Colombian maritime transportation companies accused of exploiting vulnerable migrants seeking to
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
Americans Brace for Another Round of Higher Housing Costs, NY Fed Survey Shows
Americans are preparing for another wave of increased housing expenses, according to the Federal Reserve Bank of New York.
Joe Biden Administration to Provide $285 Million for a First-of-Its-Kind 'Digital Twin' Chip Research Institute
The administration of President Joe Biden has allocated some $285 million in funding from the CHIPS Act to pioneer a digital twin technology institute specifically for semiconductors.
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes
Boeing scrubbed its attempt to launch its Starliner capsule named ‘Calypso’ on May 6, which was supposed to be a break for Boeing’s issues in its passenger jet operations.
Donald Trump, Republic National Committee Rake in Over $76 Million in April as Fundraising War With Joe Biden Heats Up
Former President Donald Trump's election campaign and the Republican National Committee (RNC) disclosed on Saturday that they collectively raised more than $76 million in April.
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