The Consumer Financial Protection Bureau on Tuesday dismissed a sweeping lawsuit against three of the nation’s largest banks over what the agency had described as […]
Month: March 2025
Trump Administration Pushes to Slash I.R.S. Work Force in Half
The Internal Revenue Service is preparing to shed as much as 50 percent of its staff, according to four people familiar with the matter, a […]
The top issues for China’s legislature are likely to be the economy and AI
BEIJING — Harnessing the power of artificial intelligence and shoring up the economy are among the issues expected to top the agenda when China’s legislature […]
Some Green Groups Are Running Out of Cash After Trump Freezes $20 Billion
Two weeks after their bank accounts were frozen amid a swirl of investigations by the Trump administration, nonprofit organizations that were supposed to receive $20 […]
Beijing’s deflation dilemma: Falling prices signal bigger troubles ahead for China’s economy
BEIJING — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would […]
Trump’s Latest Tariffs on Canada, Mexico and China Could Be His Biggest Gamble
President Trump made one of the biggest gambles of his presidency Tuesday by initiating sweeping tariffs with no clear rationale on imports from Canada, Mexico […]
Saudi oil giant Aramco reports $106Bn profit in 2024, down 12% on lower energy prices
DUBAI, United Arab Emirates — DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on […]
Target posts strong fourth quarter profits and sales, but warns on impact of tariffs
NEW YORK — Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending and the company said there […]
Canada and China Retaliate Against Trump’s Tariffs, Amid Fears of Trade War
Sweeping tariffs imposed by President Trump threatened economic upheaval for consumers and businesses in the United States on Tuesday as the country’s biggest trading partners […]
On Second Count, ABC Says Oscar Viewership Increased
On Monday, ABC said that the Oscars audience declined by about 8 percent this year compared with last year, citing Nielsen data. Well, it turns […]