Financial Markets

36 Articles
Southern California Edison faces lawsuits over LA wildfires | Business and Economy News
World News

Southern California Edison faces lawsuits over LA wildfires | Business and Economy News

In one suit, multiple witnesses are cited as having seen a fire at the base of a transmission tower owned by the utility....

Biden administration proposes new rules to tighten grip on AI chip flows | Business and Economy News
World News

Biden administration proposes new rules to tighten grip on AI chip flows | Business and Economy News

The outgoing administration of United States President Joe Biden is proposing a new framework for the export of advanced computer chips used to...

Meta, Amazon nix diversity, inclusion programmes ahead of Trump term | Donald Trump News
World News

Meta, Amazon nix diversity, inclusion programmes ahead of Trump term | Donald Trump News

Conservative groups have denounced the programmes and threatened to sue companies over them. Facebook owner Meta Platforms and Amazon are winding down diversity...

US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News
World News

US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News

Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’. United...

Industry groups sue over Biden ban on medical debt in credit reports | Business and Economy News
World News

Industry groups sue over Biden ban on medical debt in credit reports | Business and Economy News

Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually. Two groups representing the credit...

US Steel, Nippon sue Biden administration over decision to block merger | Business and Economy News
World News

US Steel, Nippon sue Biden administration over decision to block merger | Business and Economy News

Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed...

Taiwan struggles to reconcile climate ambitions and chip manufacturing | Environment
World News

Taiwan struggles to reconcile climate ambitions and chip manufacturing | Environment

Hsinchu, Taiwan – A crane bird flies across a silent rice paddy, the water slowly trickling in the background. It is a tranquil...

Starbucks workers’ union goes on strike in US cities | Labour Rights News
World News

Starbucks workers’ union goes on strike in US cities | Labour Rights News

Some members of the workers’ union representing more than 10,000 baristas at Starbucks in the United States have begun a five-day strike at...

US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle app | US Election 2024 News
World News

US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle app | US Election 2024 News

The United States Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for failing...