Market Chatter: Documents Reveal Canada Federal Govt's Efforts to Get Loblaw, Walmart On Board With Grocery Code
Social Security payments may be subject to cuts. Here's what the timing looks like.
WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said Wednesday a Chinese invasion of Taiwan and seizure of chips producer TSMC would be "absolutely devastating" to the American economy. Asked at a U.S. House hearing about the impact, Raimondo said "it would be absolutely devastating," declining to comment on how or if it will happen, adding: "Right now, the United States buys 92% of its leading edge chips from TSMC in Taiwan." TSMC declined to comment.
(Bloomberg) -- The US must undertake a “full-time surge” to combat the rise in cyberattacks that is undermining US national security, the recently departed head of the National Security Agency said in an interview.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialPaul Nakasone, w
(Bloomberg) -- In the capital of a global power, a political system plagued by dysfunction and soon facing an election is keeping a country spending beyond its means — and on a path of ever-increasing debt.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialThat nation might sound
President Biden made a trip to the swing state of Wisconsin on Wednesday with two goals: tout an AI investment from Microsoft and highlight a past failure from Donald Trump.
(Bloomberg) -- Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian government’s hopes of a forthcoming announcement. Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialPeru’s Energy and Mines Minister Romulo Mucho
(Bloomberg) -- The groundswell of complaints about China’s factory output keeps getting louder, but there’s no sign Beijing is ready for fixes that might backfire on its vulnerable economy.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialThis week European Union leaders, who are
(Bloomberg) -- Russians are learning to live with the war that Vladimir Putin has unleashed in Ukraine.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger AirWith Putin being sworn in on Tuesday for another six years as president, the invasion has become part of everyday life for many Russians, confounding
(Reuters) -Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday. According to papers filed in Los Angeles federal court, Hyundai Capital America violated the Servicemembers Civil Relief Act between 2015 and 2023 by repossessing 26 vehicles whose owners had begun paying off their loans prior to active duty. The Justice Department said the law required the financing arm to obtain court permission before repossessing vehicles.
WASHINGTON (Reuters) -The U.S. could take "extreme action" and ban Chinese connected vehicles or impose restrictions on them, Commerce Secretary Gina Raimondo said on Wednesday, in the first indication a ban could be on the table after a national security investigation. The Commerce Department is reviewing public comments that were due by April 30, Raimondo told Reuters, on a probe the Biden administration launched in February into whether Chinese vehicle imports pose national security risks.