New York City banned access to TikTok on government-owned phones, the latest in a string of US states and municipalities to block the popular video app from public employees’ devices over security concerns.
Colombia will seek to renegotiate the free trade deal signed with the US in 2012, which is harming output and jobs, president Gustavo Petro said.
Walmart Inc.’s Judith McKenna, the influential head of the retailer’s international operations, will retire next year after 27 years with the company.
Federal Reserve officials are more seriously discussing the possibility that they may not have to stop shrinking their massive balance sheet when they begin cutting interest rates, a readout from their most recent policy meeting showed.
Excess savings US households built up during the pandemic will probably be exhausted in the current quarter, according to research from the Federal Reserve Bank of San Francisco, removing a key support for consumer spending that has boosted the US economy this year.
US Deputy Treasury Secretary Wally Adeyemo said China’s economic issues are proving to be a headwind for the US and global economies and that the Asian nation’s fortunes are a result of its own policy choices.
A selloff in Chinese assets deepened on Wednesday, with a key equity gauge erasing all gains seen since last month’s Politburo meeting and the yuan falling toward a 16-year low.
A US appeals court on Wednesday ruled that access to the abortion pill should be preserved with some limits, rejecting part of an order from a judge in Texas that would have effectively banned the sale of the drug across the country.
Management disarray during the final weeks of Christmas Tree Shops Inc. will block store employees from getting bonuses they were wrongly promised to stay on the job during going-out-of-business sales, according to the bankrupt discount retailer’s lender.
Adriana Cisneros has been obsessed with satellites ever since she was a child in Venezuela. Now, after a decade of leading her billionaire family’s conglomerate, she’s turned that obsession into one of her biggest bets yet.
