Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their budget deal
2023-06-01 12:19
FTC hits Amazon with $25 million fine for violating child privacy with Alexa voice assistant
Amazon has agreed to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids’ voice and location data recorded by its Alexa voice assistant
2023-06-01 12:19
Republicans get their IRS cuts; Democrats say they expect little near-term impact
While Republicans seek to make good on campaign promises to cut IRS funding through the proposed debt ceiling and budget cuts package now moving through Congress, Democrats are offering assurances that the spending cuts will have little impact on the federal tax collector
2023-06-01 12:19
US Birthrate Dips Slightly in 2022 After Rebound in Prior Year
The US birth rate declined slightly last year after picking up in 2021 from a multi-decade low in
2023-06-01 12:17
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Asian benchmarks are trading mostly higher after the United States House approved a debt ceiling and budget cuts package, avoiding a default crisis
2023-06-01 11:53
AI Boom Gets Fresh Gut Check as Nvidia Drops Most Since January
Investors riding the rapid ascent of the artificial intelligence theme are experiencing a hiccup as shares of Nvidia
2023-06-01 11:50
Elon Musk Goes Silent on Twitter After Arriving In China
Elon Musk, a prolific presence on Twitter and owner of the social media platform, hasn’t tweeted since arriving
2023-06-01 11:46
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:27
Asia’s Super Rich Plan to Invest More in Greater China, UBS Says
Asia’s ultra-rich clans are poised to invest more in China after retreating in 2022, according to research from
2023-06-01 11:23
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its
2023-06-01 11:20
Ukraine Recap: Three People Die in Latest Russian Attack on Kyiv
At least three people were killed, including two children, in the latest Russian missile assault on Kyiv, Mayor
2023-06-01 11:17
Crypto Rues Bitcoin’s Decoupling From AI-Fueled Tech Stock Gains
Crypto fans are now paying a price for Bitcoin’s weakened correlation with technology stocks. The top digital asset
2023-06-01 11:15