North America

Canada's Justin Trudeau Dismisses Doctors' Plea to Reconsider Capital Gains Tax Increase

Canada's Prime Minister Justin Trudeau has dismissed a plea from doctors to reconsider his government's proposal to raise the capital gains tax.


China Becomes More Aggressive in West Philippine Sea, US Commander Expresses Deep Concern

The US Indo-Pacific Command commander has raised alarm about what he considers China's "aggressive behavior" in the South China Sea and Taiwan Strait...

TikTok Ban in US Almost Inevitable After Senate Approves Bill Forcing Parent Company to Divest Owvnership or Face Prohibition

TikTok users is likely to find that the popular social media platform is either under new ownership or, but not immediately, totally banned in the US...

New Biden Administration Rule to Grant 4 Million Workers Overtime Pay; Here's What You Need to Know!

The Biden administration unveiled a new rule that will make millions workers eligible for overtime pay...


Latest News

Planning For Output Cap in Oil Production Amid Rising Oil Prices Surprises Analysts
Crude oil prices have been witnessed to drop a little after hitting the four-month high, but still manage a few profits for the Asian oil producers. Amid such market situations, oil producers includin
Goldman Sachs to Pay $5 Billion Settlement Over Troubled Mortgage-Backed Securities
The lender must pay settlement for its misconduct in selling securities backed by troubled mortgage in 2008. The agreement reached Monday.
Two Fed Presidents Supported Rate Hike in the March's Meeting
Richmond and Kansas City Fed President supported to raise the interest rate during the meeting last March. While Philadelphia Fed President on Tuesday reitereated the hike delay is a prudent decision.
Democrats As Well As Republicans Urges The Texas Attorney General To Step Down
Ken Paxton, the Texan attorney general has been sued on Monday by the US regulators on accusation of playing role in a stock scam. In addition to the civil lawsuit, Paxton has also been sued with crim
Dell plans IPO to enhance its bought out SecureWorks' valuation
Dell is mulling over an initial public offer (IPO) for its recently acquired SecureWorks. Dell is also planning to spin off SecureWorks after the IPO which is expected to enhance the valuation of Sec
General Motors Wins Fourth Bellwether Lawsuit, Two More Awaits For Disposal
GM has been sued with more than 400 lawsuits over defective ignition switches, of which six have been chosen as bellwether cases. Just after settling the Yingling case last week, the automobile maker
Charter Communication CEO Met FCC Regarding Acquisition of Time Warner Cable
Tom Rutledge has met FCC chairman Tom Wheeler last week to talk the acquisition. As the merger has already been past its late March informal deadline for approval.
Puerto Rico Central Bank Governor Restricts Withdrawal To Avert Default in $423M Debt Repayment
Alejandro Garcia Padilla, governor of the Puerto Rica’s central bank, Government Central Bank, has announced an executive order on Saturday. The order restricts withdrawal of funds except for the emer
Former Top Advisor Proposed Regional Fed Banks To Be Public
Dartmouth College Professor Andrew Levin, former advisor to Janet Yellen made a proposal to reform the Fed. He also suggest the Fed to be reviewed by GAO annually.
Kansas City Says Farewell to Google Fiber's Free Internet Option
Google Fiber is now phasing out its free internet option in Kansas City. For existing customers, they may continue usign the service. For subscribers to take advantage of the free internet option, th
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