BUSINESS

Damage to Cables Under Red Sea Highlights Mideast Conflict’s Broader Threat

What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked numerous ships in the area, but they have denied responsibility.What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked […]

Damage to Cables Under Red Sea Highlights Mideast Conflict’s Broader Threat Read More »

New Federal Rule Caps Most Credit Card Late Fees at $8

The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.”The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.” Fines (Penalties), Credit Cards, Banking and Financial Institutions, Consumer Protection, Personal Finances, Consumer Financial Protection Bureau, Chopra, Rohit Read More

New Federal Rule Caps Most Credit Card Late Fees at $8 Read More »

Bitcoin Reaches Record High of $69,000, Recovering from 2022 Meltdown

Bitcoin’s price surged above $69,000, breaking the record the digital currency set in November 2021 when the crypto industry was booming.Bitcoin’s price surged above $69,000, breaking the record the digital currency set in November 2021 when the crypto industry was booming. Bitcoin (Currency), Virtual Currency, Exchange Traded Funds, Computers and the Internet, Securities and Exchange Commission,

Bitcoin Reaches Record High of $69,000, Recovering from 2022 Meltdown Read More »

Tesla Halts Production in Germany After Suspected Arson

Police believe the blaze at a high-voltage power pylon had been deliberately set, amid turmoil over the automaker’s plans to expand its assembly plant near Berlin.Police believe the blaze at a high-voltage power pylon had been deliberately set, amid turmoil over the automaker’s plans to expand its assembly plant near Berlin. Tesla Motors Inc, Arson, Factories

Tesla Halts Production in Germany After Suspected Arson Read More »

Facebook and Instagram Users Report Meta Service Outages

People reported issues with the websites starting around 10 a.m. Eastern, according to Down Detector, a website that tracks user reports of internet disruptions.People reported issues with the websites starting around 10 a.m. Eastern, according to Down Detector, a website that tracks user reports of internet disruptions. Meta Platforms Inc, Computers and the Internet, Social Media,

Facebook and Instagram Users Report Meta Service Outages Read More »

Is China’s Era of High Growth Over?

Beijing unveiled an annual economic target in line with last year’s, as it looks to refocus on strategically important sectors.Beijing unveiled an annual economic target in line with last year’s, as it looks to refocus on strategically important sectors. internal-storyline-no, Foreign Investments, Chatham House (The Royal Institute of International Affairs), Apple Inc, National People’s Congress (China),

Is China’s Era of High Growth Over? Read More »

China’s New Economic Agenda, a Lot Like the Old One: Takeaways

At the National People’s Congress on Tuesday, China’s leaders set an ambitious goal for growth, exactly the same one as last year.At the National People’s Congress on Tuesday, China’s leaders set an ambitious goal for growth, exactly the same one as last year. Politics and Government, International Relations, Territorial Disputes, Foreign Investments, Economic Conditions and Trends,

China’s New Economic Agenda, a Lot Like the Old One: Takeaways Read More »

Brighter Economic Mood Isn’t Translating Into Support for Biden

Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found.Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found. Polls and Public Opinion, United States Economy, United States Politics and Government, Presidential Election of 2024, Biden, Joseph R

Brighter Economic Mood Isn’t Translating Into Support for Biden Read More »

Bank Runs Spooked Regulators. Now a Clampdown Is Coming.

Federal Reserve officials and other bank regulators could roll out a new proposal this spring to ward off a repeat of 2023’s banking turmoil.Federal Reserve officials and other bank regulators could roll out a new proposal this spring to ward off a repeat of 2023’s banking turmoil. Regulation and Deregulation of Industry, Banking and Financial Institutions Read

Bank Runs Spooked Regulators. Now a Clampdown Is Coming. Read More »