US finalises restrictions on AI, semiconductor investments in China
Treasury Department says curbs will ensure US investment does not advance technologies that threaten national security.The United States has finalised ...
Tag: economy
For Taiwan’s crucial chip industry, both Trump and Harris bring risks
Taipei, Taiwan – For engineers working in Taiwan’s semiconductor industry, the past few years have been difficult. The United States’s ...
Even households earning over $150,000 a year are living paycheck to paycheck, Bank of America says
It’s no surprise that everything is more expensive these days. (Tickets to the World Series are the most expensive of ...
Fortune 500 Europe: How Germany is flirting with long-term irrelevance
There is an elephant in the room of the 2024 edition of the Fortune 500 Europe. It’s not a crisis-riddled ...
Bank of America sees healthy consumer through holiday season and 2025
You could argue the economic heroes of 2024 were the Federal Reserve, mega-cap stocks, and big banks. But ultimately, it ...
Brazil seals $30bn compensation deal with BHP, Vale over 2015 dam collapse
The dam collapse unleashed wave of tailings in disaster that killed 19 people, left hundreds homeless, flooded forests.Brazil has signed ...
TPR, CPRI, LHX and more
Check out the companies making headlines in midday trading: Tapestry , Capri — Shares of Tapestry rallied more than 14%, ...
Here’s what 10 ECB members said this week on inflation, jumbo cuts
After the European Central Bank cut interest rates for the third time this year — and inflation fell below target ...
Bullying and harassments claims surge in UK’s financial sector
Reports of non-financial misconduct rose 72 percent between 2021 and 2023, according to survey by financial regulator.Allegations of bullying, discrimination ...
The Post endorses Donald Trump for president — the clear choice for a better future
Voters carry a heavy responsibility in this election — one of the most consequential in the history of this great ...
Conflicting economic signals are causing confusion in the bond market
Bond market investors are having trouble figuring out an economy that looks good from 30,000 feet, but less so closer ...
US fast-food chains pull onions after McDonald’s E coli outbreak
At least 49 people have fallen ill in 10 US states due to contaminated food, according to health authorities.US fast-food ...
Hurricane Helene damage estimated at $53bn, as US relief bill passes
North Carolina lawmakers have passed almost $900m in disaster relief, but that’s still way short of the likely cost.Lawmakers in ...
Stocks making the biggest moves after hours: DXCM, CPRI, SKX, COF
Check out the companies making headlines in extended trading. Dexcom — Shares slid nearly 7%, despite the manufacturer of diabetes ...
Canada to reduce new immigration by 21 percent
Canada has announced it will slash immigration for the first time in years, a major policy shift for the government ...
Boeing machinists reject new labor contract, extending more than 5-week strike
People hold signs during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle ...
Ireland’s housing crisis forces thire of residents to consider leaving
Europe’s broiling housing crisis is making almost a quarter of its citizens consider emigrating in search of a more affordable ...
Boeing workers vote to reject wage deal, extend strike
Nearly two-thirds of workers reject offer that includes a 35 percent pay rise.Boeing workers on the West Coast of the ...
US mother says in lawsuit that AI chatbot encouraged son’s suicide
Florida mother sues Character.AI and Google after 14-year-old son allegedly became obsessed with AI chatbot.The mother of a teenage boy ...
Boeing CEO lays out cautious path to turnaround as strike vote awaited
Boeing CEO Kelly Ortberg has laid out a cautious path to turn the company around, calling for a “fundamental culture ...
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