United States

US Seen to Impose More Curbs on China as ‘Decoupling' in 'Full Force’ Amid Possible TikTok Ban

The US is anticipated to intensify restrictions on China amid a potential TikTok ban in the country.

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Former Activision CEO Bobby Kotick Eyes TikTok Acquisition Amid ByteDance Inquiry

Bobby Kotick, former Activision CEO, seeks to acquire TikTok amid US government inquiry and concerns over data exchange between ByteDance and China.

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Volkswagen Shifts Strategy: Main Factory Will No Longer Produce ID.3 Electric Models

Volkswagen in Germany is shifting its production of the electric ID 3 to Zwickau plant due to low demand, focusing on optimizing resources and simplifying resources.

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Philippines Could Receive $1 Billion From US Firms! Where Will Investments Be Used For?

The U.S. Commerce Secretary announced that the Philippines is expected to receive $1 billion from U.S. firms.

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Investors Led by Ex-Trump Official Invest $1 Billion to Troubled US Bank

Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank.

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Aldi to Add 800 Discount Grocery Stores Across US in the Next 5 Years

Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.

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State of the Union: Joe Biden Vows to Make Big Corporations, Wealthy Americans Pay More Taxes

President Joe Biden announced plans to increase taxes on big corporations and wealthy Americans during his State of the Union address on Thursday night.

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US House Panel Approves Bill That Could Ban TikTok; Users Flood Congress With Calls After App Sends Pop-up Messages

A controversial bill that could potentially block TikTok in the United States (US) was unanimously approved by a bipartisan panel of lawmakers.

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Russian Oligarch's Mega-Yacht Amadea: US Government's $1 Million Monthly Maintenance Burden Unveiled

The US Department of Justice reportedly spends $1 million monthly on the Amadea, a $230 million mega yacht seized from Russian mogul Suleiman Kerimov.

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UK Scraps 'Non-Dom' Tax Status, Aims to Raise £2.7 Billion Annually

UK Finance Minister Jeremy Hunt plans to eliminate the "non-dom" status in the UK, aiming for a fairer, more competitive global tax system.

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Gold Hits Record High Amid U.S. Monetary Easing Expectations and Geopolitical Tensions

The Middle East's geopolitical instability has fueled gold price hikes, with investors anticipating a Federal Reserve rate decrease.

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Brazil's Top Soybean Hub Mayor Courts Cargill and COFCO for Grain Crushing Boost

The mayor of Sorriso, Brazil's leading soybean producer, plans to attract investments for the local grain crushing industry, highlighting the region's global agricultural potential and promoting the establishment of new crushers.

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IRS to Go After 125,000 High-Earning Americans Who Did Not File Tax Returns Going Back to 2017

To improve tax compliance and ensure fairness, the Internal Revenue Service (IRS) is going after 125,000 people who earned over $400,000 annually but did not file tax returns between 2017 and 2021.

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US CDC Issues New COVID-19 Guidelines, Ending 5-Day Isolation Period for Americans Who Test Positive

Americans who test positive for COVID-19 would no longer need to be isolated for at least five days before returning to work or school, according to new guidance released by the Centers for Disease Control and Prevention (CDC).

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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.

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