Lawmakers warn Chinese e-commerce apps may help avoid enforcement of anti-forced labor laws
Members of Congress wrote to CBP to express concern that Chinese e-commerce firms could skirt U.S. laws against the use of Uyghur forced labor due to a loophole for small shipments.
Moderna's flu shot faces setback, shares fall
Moderna shares are down Tuesday on news that the biotech's potential flu vaccine will need further review to determine its efficacy against influenza.
TSMC in talks with US about CHIPS manufacturing subsidy criteria
Taiwan-headquartered chipmaking giant TSMC is in talks with the U.S. government about compliance criteria for obtaining subsidies from the $52 billion CHIPS Act.
Treasury releases 2023 DeFi illicit finance risk assessment
The Treasury Dept. released its first-ever illicit finance risk assessment of decentralized finance (DeFi) services to cybercriminals and state actors like North Korea.
State-owned Bank of North Dakota's unique structure garners attention in wake of banking crisis
The Bank of North Dakota's unique position as the only U.S. bank owned and operated by a state has drawn attention as a potential alternative structure amid the recent banking crisis.
Technical companies dealing with shortage of young, skilled trade workers
Technical companies are having a hard time replacing older trade workers who are retiring. There haven't been enough young people training to fill open roles.
McCarthy-Tsai meeting highlights the importance of the US-Taiwan partnership amid China threat
House Speaker Kevin McCarthy, R-Calif., and Taiwan President Tsai Ing-wen will meet Wednesday in California amid ongoing tensions with the People's Republic of China.
US dollars’ global ‘domination’ is ‘drifting’ away: John Carney
Breitbart economics editor John Carney provides expert analysis of the growing concern over a global shift from the U.S. dollar’s historically strong valuation.
Wrestling legend Ric Flair launches new cannabis company: Edibles changed my life
Pro wrestling icon Ric Flair and co-founder of ‘Drip Cannabis’ Chad Bronstein share why they launched a cannabis company on 'Kennedy.'
Silicon Valley Bank: What we learned, what’s next after the collapse
Silicon Valley Bank's collapse is prompting scrutiny of the bank's poor risk management and regulators' failure to get the bank to change course before its implosion.
House passes bipartisan bill to revoke China’s ‘developing country' status
The House passed the PRC Is Not a Developing Country Act on Monday to strip China's designation as a "developing country" in international organizations like the WTO.
Manufacturers want US to expand trade ties with Europe: survey
A majority of American manufacturers want the U.S. to deepen economic ties with European countries through market-opening trade agreements, according to the NAM's outlook survey.
Fed’s Barr calls Silicon Valley Bank a ‘textbook case of mismanagement’
The FDIC announced on Monday that First Citizens Bancshares Inc. is acquiring large pieces of SVB more than two weeks after the lender’s collapse caused turmoil in the banking system.
First Citizens reportedly nearing deal to acquire Silicon Valley Bank
First Citizens Bank is reportedly nearing a deal to acquire the failed Silicon Valley Bank through an auction held by the Federal Deposit Insurance Corporation.
Feds may throw struggling First Republic Bank a lifeline by expanding emergency lending program
Federal authorities are reportedly considering an expansion of the Federal Reserve's emergency lending program to help banks like First Republic Bank shore up their balance sheet.
Deutsche Bank shares sink: What to know
Shares for Deutsche Bank are down Friday amid concerns the German bank will pay higher costs for financial derivatives, called credit default swaps that insure bondholders against banks defaulting on debt.
Deadly fungus and companies with potential treatment
The U.S. Food and Drug Administration approved Cidara Therapeutics and Melinta Therapeutics' antifungal drug for patients with little to no other options.
Kevin McCarthy: There are a lot of 'different problems' under Biden
House Speaker Kevin McCarthy aid out the various domestic and world problems facing President Joe Biden.
How the last-ditch effort to save Silicon Valley Bank failed
Withdrawals accelerated late in the morning on the West Coast on Thursday, March 9. Executives paced the office on phone calls as employees watched and texted details to each other.
Senate Banking Committee announces hearing in Silicon Valley Bank collapse
Senate Banking Committee Chairman Sherrod Brown on Tuesday said lawmakers will hold a hearing next week on the collapse of Silicon Valley Bank.