The US Food and Drug Administration (FDA) has approved a new drug called Xolair that could be life-changing for those with severe food allergies.
Tags: United States
US Inflation Inches Up in January, Marking Smallest Annual Increase in Three Years
The Federal Reserve may decrease interest rates in June following the lowest annual gain in over three years in the United States.
Singapore Invests $15 Billion in Cutting-Edge F-35A Jets
Singapore plans to acquire eight Lockheed Martin Corp. F-35A fighter planes for its defense, accelerating the country's procurement of advanced military aircraft amid tensions in the region.
Shein Is Eyeing London IPO Due to Challenges of Listing in the US
Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.
US Allows China to Increase Weekly Passenger Flights to 50 Ahead of Summer Travel Season
The United States Department of Transportation (USDOT) said Monday that Chinese passenger airlines would be permitted to increase their weekly round-trip US flights to 50.
Latest News
The United States (US) is reportedly considering imposing sanctions on Chinese companies suspected of helping Russia in its war in Ukraine.
China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.
Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.
The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.
The Biden administration has announced an $11 billion investment in semiconductor-related research and development and a $5 billion fund to launch the National Semiconductor Technology Center.
The US Treasury Department has imposed sanctions on three UAE-based entities and a Liberian tanker for violating the price cap on Russian oil.
Credit card balances in the US reached a new record high of $1.13 trillion, according to data released by the Federal Reserve Bank of New York.
The Iranian-backed Houthi rebels fired missiles at two commercial vessels in the Red Sea on Tuesday, the first attacks since the US and UK launched strikes against dozens of Houthi targets in Yemen over the weekend.
A team of five officials from the US Treasury Department is heading to China this week for economic talks.
