Tags: US

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.

US Judge Approves Binance $4.3 Billion Guilty Plea as Prosecutors Seek Changes to Founder Changpeng Zhao's Bond

A US judge approved the $4.3 billion penalty for Binance on Friday. Binance, the world's biggest cryptocurrency exchange, is set to pay $4. 3 billion for violations of anti-money laundering and sanctions laws through lapses in internal controls in a settlement approved by a US judge on Friday.

Biden Administration to Impose New Sanctions on Iran for Its Arms Sales That Bolster Russia's Defense Against Ukraine

The Biden administration is reportedly preparing to announce new sanctions on Iran in retaliation for its arms sales that have fortified Russia's defenses amid war with Ukraine.


Latest News

China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies
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.
Second Donald Trump Presidency: What It Could Mean for US Energy Policy
If former President Donald Trump returns to office again, he will reportedly embark on a course to reverse many of the initiatives undertaken by the Biden administration in combating climate change.
US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.
FedEx Founder Fred Smith Joins Other Business Leaders Sounding the Alarm Over Worsening US National Debt
FedEx founder Fred Smith warned that the U.S. national debt is no longer sustainable. FedEx founder Fred Smith (Frederick W. Smith) joined other business leaders in the U.
Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers
The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.
US Credit Card Debt Soars to a New Record High of $1.13 Trillion
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.
Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen
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.
Top US Treasury Officials to Visit China to Discuss Economic Issues That Put the Two Superpowers at Odds
A team of five officials from the US Treasury Department is heading to China this week for economic talks.
US Stock Market Could Get an Added Boost From Projected Buyback Revival in 2024
Companies purchasing back more of their own shares are expected to boost US stocks this year. It is projected that the upward trend that brought the stock market in the United States to an all-time high this year will have another major driver: companies purchasing back more of their own shares.
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