How should Mexico and Canada react to incoming tariffs?
Investing.com — As the United States contemplates a sweeping 25% tariff on imports from Canada and Mexico, the two nations face critical decisions on how to respond to this potential…
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What can actually DOGE do?
Investing.com — The announcement of the Department of Government Efficiency (DOGE), spearheaded by Elon Musk and Vivek Ramaswamy, has drawn public attention and speculation about its potential to transform federal…
India likely to cut disinvestment goal by 40% for FY25, Economic Times reports
MUMBAI (Reuters) – India will likely cut its disinvestment and asset monetisation target by 40% for 2024-25 in the federal budget to be presented next month, The Economic Times newspaper…
Outgoing FCC head says Salt Typhoon hacking a clarion call to address security issues
By David Shepardson WASHINGTON (Reuters) -The outgoing head of the Federal Communications Commission said a massive Chinese-linked cyber-espionage operation against U.S. telecoms firms known as “Salt Typhoon” is a “clarion…
US ends former New York lieutenant governor’s bribery case after witness dies
By Jonathan Stempel NEW YORK (Reuters) – Federal prosecutors on Friday dropped their corruption case against former New York Lieutenant Governor Brian Benjamin, following the death of a key witness.…
US awards Moderna $590 million for bird flu vaccine development
(Reuters) -The U.S. government has awarded Moderna (NASDAQ:MRNA) $590 million to advance the development of its bird flu vaccine, as the country doubles down on efforts to tackle increasing infections…
IMF’s board approves second review of Ethiopia’s $3.4 billion program
WASHINGTON (Reuters) – The executive board of the International Monetary Fund on Friday approved the second review of Ethiopia’s current financing program, the fund said, paving the way for a…
US will hit debt limit on Tuesday, Yellen says in letter
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said that the government would reach its statutory borrowing limit on Tuesday and would begin employing “extraordinary measures” to keep from breaching…
CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes
By David Lawder WASHINGTON (Reuters) – The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last year and indicating no…
US mid-sized banks ride industry upswing on robust fee income
By Manya Saini, Niket Nishant (Reuters) -A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets…