Topline Indiana Attorney General Todd Rokita (R) filed two lawsuits against TikTok Wednesday alleging the app has exposed children to mature content and failed to disclose its access to user data, acc...
Tag: U.S.
Cryptos Flat as Recession Fears Outweigh Better U.S. Productivity
Bitcoin remained reasonably steady at around the $16,850 mark as U.S. nonfarm productivity rose 0.6% for Q4 2022. The slight quarter-on-quarter increase in productivity means that employers can raise ...
Supreme Court Questions GOP-Led Case That Could Upend U.S. Elections
Topline The Supreme Court wrestled Wednesday over the question of whether state legislatures should have unfettered power to determine election rules, with even some conservative justices signaling th...
Which Billionaire Owns The Most Land In The U.S.? Hint, It’s Not Bill Gates
Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres ...
U.S. lawmakers want State Department to disclose and justify crypto rewards
An amendment proposed by lawmakers in the United States indicates that they want to be kept in the loop when it comes to crypto rewards and payouts facilitated by the U.S. Department of State. The Dep...
Adobe Reportedly Cutting 100 Employees While Plaid Axes 260
Plaid became the latest U.S. tech startup to conduct a massive round of layoffs on Wednesday, just as Adobe reportedly started laying off its staff—as employers fear high inflation could slide the eco...
U.S. Congressman fined for marketing crypto project
A report published on Dec. 6 states that Representative Madison Cawthorn violated congressional ethics standards by unlawfully promoting crypto which he held a financial stake. Congressman from Wester...
U.S. Trade Booms Except For 3 Countries: Russia, Ukraine, Hong Kong
Russian President Vladimir Putin speaks to China’s President Xi Jinping when they met in Uzbekistan … [+] in September. SPUTNIK/AFP via Getty Images U.S. merchandise trade with the world i...
Energy partnership between U.S., Britain aims to ramp up LNG supplies
Rishi Sunak and Joe Biden photographed on the sidelines of the G20 Summit in Indonesia on Nov. 16, 2022. Saul Loeb | AFP | Getty Images LONDON — The U.K. and U.S. are forming a new energy partnership ...
Wisconsin Latest State With Officials Demanding App Be Banned From Government Devices
Topline Six Republican Wisconsin congress members including Sen. Ron Johnson have called for banning TikTok from state government devices through a letter sent to Democratic Gov. Tony Evers Tuesday, c...
U.S. FTC Begins Probe on Crypto Ad Misconduct
The United States Federal Trade Commission (FTC) has begun a probe on a number of crypto firms on the matter of possible ad misconduct for public materials which may have misrepresented facts and clai...
Amazon Studios Unveils Biggest U.S. LED Wall Virtual-Production Stage
(Photo by David Bloom) The arms race among facilities providing virtual production capabilities, considered the next generation of film and TV creation, escalated another step this week with Amazon St...
How the U.S. became a global corn superpower
The United States has just about 90 million planted acres of corn, and there’s a reason people refer to the crop as yellow gold. In 2021, U.S. corn was worth over $86 billion, according to calcu...
Bernstein analyst reacts to TSMC boosting investment in the U.S.
Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) plans on building a second chip factory in Arizona, the company confirmed on Tuesday. TSMC is diversifying away from China Execution will boost it...
What Is Hyperinflation? Everything You Need To Know
Getty Images Key takeaways Inflation grew another 0.4% month-over-month in October, bringing annual inflation to 7.7% As interest rate hikes and rising prices compete, people have begun asking if the ...
Crypto firms under probe by U.S. consumer watchdog for deceptive ads
The United States’ Federal Trade Commission (FTC) is probing several crypto firms for potentially fraudulent or misleading advertising. According to FTC spokesperson Juliana Gruenwald, the agency is l...
Investors Need To Take Vulnerable Infrastructure Seriously
CARTHAGE, USA – DECEMBER 05: A view of the substation while work is in progress as tens of thousands … [+] are without power on Moore County after an attack at two substations by Duke Elec...
Inflation Fears Did Not Increase In November—First Time In More Than A Year
Topline For the first time in more than a year, Americans’ inflation fears have not increased, according to a new Gallup poll, as high prices, led by the cost of gas, continue to fall heading into the...
Ford CEO says 65% of U.S. dealers agree to sell EVs
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – About 65% of Ford Motor’s dealers have agreed to sell elect...
U.S. army picks Textron over Lockheed Martin for a big contract
Textron Inc (NYSE: TXT) opened nearly 10% up on Tuesday after the U.S. army picked the Bell V-280 Valor as its future long-range assault aircraft (FLRAA). Army wants to retire Black Hawks The U.S. arm...
Crypto Exchange Nexo To Pull Out Of U.S.
Nexo, one of the leading crypto lending institutions in the digital finance industry, announced it has decided to halt its services in the U.S. after regulators “dropped the ball” in dialogues meant t...
Crypto Lending Giant Nexo To Suspend U.S. Operations
On Dec 5, crypto lender Nexo announced that it would discontinue operations in the United States within the next few months. The company specifically mentioned that it would immediately cut off access...
U.S. House Committee says SBF has sufficient knowledge to testify
Chairwoman of the US House Financial Services Committee Maxine Waters tweeted on Dec. 5 that FTX founder Sam Bankman-Fried has sufficient knowledge to testify before Congress on Dec. 13. .@SBF_FTX, B...
Here’s where investors made a ‘risk-free’ 6.6% return in the past four U.S. recessions
Who says bonds can’t be flashy? Investing in the nearly $24 trillion U.S. Treasury market and other forms of government-backed debt could be a good bet next year, particularly if another recession hit...
‘Tis The Season For Retail Tech To Shine
Holiday season. female in sparkle gold sequin santa hat with credit card browsing high fashion … [+] retail online store and on a smartphone while sitting on divan in the modern living room at C...
Crypto lender Nexo says it’s leaving the U.S., cites regulatory ‘dead end’
Facing a phalanx of regulators, cryptocurrency lending platform Nexo says it is “phasing out” the U.S. side of its operations. In a statement announcing a “gradual” depa...
European Leaders Are Right To Worry About America Sucking Up The World’s Clean-Energy Capital Investment
WASHINGTON, DC – AUGUST 16: U.S. President Joe Biden (C) signs The Inflation Reduction Act with … [+] (L-R) Sen. Joe Manchin (D-WV), Senate Majority Leader Charles Schumer (D-NY), House Ma...