United States

China’s Yuan Beats US Dollar as the Top Currency Traded in Russia

China’s Yuan Beats US Dollar as the Top Currency Traded in Russia

China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.

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Stopgap Spending Bill to Avert Government Shutdown Passes Congress, Waits for Joe Biden's Signature

Stopgap Spending Bill to Avert Government Shutdown Passes Congress, Waits for Joe Biden's Signature

To avert a looming partial government shutdown, Congress passed a short-term spending bill on Thursday.

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US Designates Houthis as Terrorists, Launches Fresh Strikes in Yemen After Rebels Hit Another US-Operated Ship

US Designates Houthis as Terrorists, Launches Fresh Strikes in Yemen After Rebels Hit Another US-Operated Ship

The US has put Houthi rebels back on a list of terrorist organizations following the Yemen-based group's attack on another US-operated vessel in the Red Sea region.

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Joe Biden Administration Takes Credit for December’s Strong Retail Sales Numbers, Says 'That's Bidenomics at Work'

Joe Biden Administration Takes Credit for December’s Strong Retail Sales Numbers, Says 'That's Bidenomics at Work'

The administration of President Joe Biden has claimed credit for the strong retail sales numbers in December, saying, "That's Bidenomics at work."

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Congress Unveils Bipartisan Deal to Enhance Child Tax Credit, Revive Tax Breaks for Businesses

Congress Unveils Bipartisan Deal to Enhance Child Tax Credit, Revive Tax Breaks for Businesses

The chairmen of Congress' top tax policy committees announced on Tuesday a bipartisan initiative to enhance the child tax credit and reintroduce various tax breaks for businesses.

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US Launches Additional Strikes Against Houthis in Yemen as Rebels Hit Greek Cargo Ship With Missile in Red Sea

US Launches Additional Strikes Against Houthis in Yemen as Rebels Hit Greek Ship With Missile in Red Sea

The US military launched new strikes in Yemen on Tuesday, targeting anti-ship ballistic missiles in a part of the country controlled by Houthi rebels.

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North Korea's Foreign Minister Visits Russia Amid Growing Concern Over an Alleged Arms Deal

North Korea's Foreign Minister Visits Russia Amid Growing Concern Over an Alleged Arms Deal

Another meeting between North Korea and Russia has fueled speculations about a potential arms deal between the two countries.

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US Leads Public Distrust in Innovation, New Survey Shows

US Leads Public Distrust in Innovation, New Survey Shows

A new survey conducted ahead of the World Economic Forum's annual meeting this week revealed that businesses and governments are poorly managing and regulating new technologies.

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Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen

Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen

Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.

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Healthy US-China Ties No Longer Optional But 'Imperative,' Chinese Foreign Minister Says

Healthy US-China Ties No Longer Optional But 'Imperative,' Chinese Foreign Minister Says

Chinese Foreign Minister Wang Yi has emphasized the importance of establishing a correct understanding and cooperation between the United States (US) and China, saying that it is "no longer an option but an imperative" for the world.

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Joe Biden's Economic Agenda: Which Among His Campaign Promises From 2020 Remains Stalled?

Joe Biden's Economic Agenda: Which Among His Campaign Promises From 2020 Remains Stalled?

As President Joe Biden embarks on a renewed campaign trail, an analysis reveals that much of his economic agenda, outlined during the 2020 campaign, had not yet progressed.

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Nvidia to Launch a New Slower Gaming Chip in China to Comply With US Export Controls

Nvidia to Launch a New Slower Gaming Chip in China to Comply With US Export Controls

US semiconductor giant Nvidia plans to introduce a slower version of its gaming processor in China to comply with US export restrictions.

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Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv

Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv

Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.

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US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve

US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve

The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Department of Energy disclosed.

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Joe Biden Celebrates 'Significant Milestone' in the Battle to Bring Down Inflation

Joe Biden Celebrates 'Significant Milestone' in the Battle to Bring Down Inflation

The United States hits a "significant milestone" in the fight to bring down inflation, and President Joe Biden acknowledged this positive development in a statement.

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