November 18, 2022 Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) led Senators Jacky Rosen (D-Nev.), Dianne Feinstein (D-Calif.), and Alex Padilla (D-Calif.) and Representatives Dina Titus (D-Nev.), Steven Horsford (D-Nev.), Susie Lee (D-Nev.), Julia Brownley (D-Calif.), and C.A. Dutch Ruppersberger (D-Md.) in a letter urging the U.S. Department of Defense (DoD) and the U.S....Read More
Q. What impact is furthering Xi’s rule going to have on the Chinese economy? A. The Chinese economy has a number of very serious problems right now, some resulting from corrections Xi Jinping has made in the property market. And how much trouble those corrections are going to lead to, because of local government debt...Read More
Comment on this story Comment Welcome to The Cybersecurity 202! Social media being what it is, you never know what will pop up in your feeds. So here’s a baby “tank pony” protecting its sedated parent. Below: The Office of Management and Budget issues a memo for agencies to catalogue quantum-vulnerable systems, and Meta fires...Read More
The naira has continued on its downward spiral against the dollar after it showed some signs of strength recently It exchanged for N800 per dollar on Thursday and later appreciated marginally at N790 towards the end of the trading day The external reserve dipped further to 37.17 billion as of November 15, 2022, from $37.18...Read More
Downtown Anchorage, March 2021. (Loren Holmes / ADN) For the last seven years, the Alaska economy has performed “at or near the bottom” nationally in four key measures of economic health, according to a report released Thursday by the University of Alaska Center for Economic Development. Taken together, the state’s poor performance between 2015 and...Read More
Global stocks slipped on Thursday, as investors assessed contradictory economic data emerging from the world’s biggest economy and reacted to a gloomy set of forecasts for the UK. Wall Street’s S&P 500 fell 1.1 per cent in early trading, while the tech-heavy Nasdaq Composite shed 1.4 per cent. London’s FTSE was 0.6 per cent lower...Read More
A RARE surge of optimism is running through financial markets. For most of the year America’s high inflation has proved troublingly persistent, Europe’s energy crisis has threatened a deep recession and China’s economy has been plagued by covid-19 lockdowns and a property bust. Investors are now cheering developments on all three fronts. America’s annual inflation...Read More
Ciydemimages | E+ | Getty Images The dollar caught its footing on Thursday as strong U.S. retail data cast doubt on market bets that inflation is in retreat and U.S. interest rates need not rise too much further. The euro was also firm after NATO said a missile that crashed inside Poland was probably a...Read More
Americans are running up credit card debt at historic levels as they struggle with soaring inflation. Credit card balances increased by 15 percent in the third quarter compared with last year, according to the Federal Reserve Bank of New York, marking the largest jump in more than 20 years. “With prices more than 8 percent...Read More
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