The largest bank in China says its financial services division was the cause of the ransomware attack that allegedly caused trading in the US Treasury
Category: US
US budget deficit hits $1.7tr as revenue dips, social security and health bills grow.
The U.S. government announced a $1.695 trillion budget deficit for fiscal 2023 on Friday, a 23% increase from the previous year as a result of
Americans losing trust in institutions, from Congress to organized religion.
A longer-term pessimism about the nation’s fundamental institutions is being fueled by the Republican dysfunction that has brought the U.S. House to a standstill as
Federal Reserve will opt for slower economic growth to achieve 2% inflation target – Powell
Jerome Powell, the chairman of the Federal Reserve, stated on Thursday that the inflation rate is still too high and that it will probably take
Federal Trade Commission says US consumers waste over $1b and pay 20% extra as hidden charges.
The Federal Trade Commission put up a proposal on Wednesday to outlaw any fictitious junk fees that may be used to inflate the price of
U.S casino industry remains a powerful driver of economic activity by contributing $329b to GDP.
A recent report by the national trade association for the industry shows that the casino gaming sector in the United States generates about $329 billion
Climate change has made flooding in New York City the “new normal.” – Governor.
New York Governor Kathy Hochul said on Saturday, as the city started to dry up after one of its wettest days ever that the torrential
US bank regulators fine 3 big banks over $50m for swap reporting failures.
In order to resolve allegations of deficiencies in swap reporting and other offenses, the U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs, Bank
Amazon’s robotics fulfillment center and delivery station in Virginia Beach will generate over 1,000 jobs.
Glenn Youngkin, the governor of Virginia, revealed on Monday that two new Amazon operations facilities are coming to Virginia Beach and will eventually employ more
Top U.S. banks forming consortium on securities disclosure is a regulatory risk.
A group of five banks, including Goldman Sachs and HSBC, have agreed to establish a uniform global standard for revealing clients’ stock holdings. Participants in
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