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Business Times is a digital global news publication that provides comprehensive coverage and analysis of the most important business, economic, financial, political and technological issues from China and around the world.
U.S. Leaders Backtrack on TikTok Ban Amid Supreme Court Ruling …
1 day ago · The future of TikTok in the United States hangs in the balance as a contentious ban on the popular video-sharing app is set to take effect Sunday. Passed with overwhelming bipartisan support last year and signed into law by President Joe Biden, the legislation requires TikTok's Chinese parent company, ByteDance, to divest from the app or face a nationwide ban.
Supreme Court Upholds TikTok Ban, Paving Way for Uncertain …
1 day ago · The U.S. Supreme Court on Friday upheld a federal law mandating TikTok's Chinese parent company, ByteDance, to divest from the app or face a nationwide ban. The decision, which takes effect on Sunday, solidifies a contentious legal and political battle over the popular platform's presence in the United States, impacting its estimated 170 million American users.
Surprise $1,400 Checks Coming as IRS Finds $2.4b Stimulus …
Jan 10, 2025 · A $2.4 billion surplus in federal relief funds has prompted the IRS to send $1,400 checks to people who missed earlier stimulus payments. About one million individuals will receive the money automatically, either by direct deposit or through a mailed check, in the coming weeks. Relief Payments ...
Core Inflation Slows to 3.2% in December, Below Forecasts as …
3 days ago · Inflation pressures showed signs of easing in December, with the core Consumer Price Index (CPI) rising at an annual rate of 3.2%, slightly below forecasts and marking the first deceleration in the metric since July. The Bureau of Labor Statistics (BLS) data released Wednesday signaled a modest improvement in price stability, even as energy costs surged.
Economy : Business Times
Jan 10, 2025 · "Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final quarter of 2023, as reported by the Cabinet Office.
Netanyahu and Biden in Last-Minute Push for Gaza Ceasefire and …
6 days ago · Israeli Prime Minister Benjamin Netanyahu and U.S. President Joe Biden held a high-stakes conversation on Sunday, discussing ongoing negotiations for a ceasefire and hostage release deal in Gaza as the clock ticks down on Biden's term. The talks, facilitated through intermediaries in Doha, are reaching a pivotal stage, with both leaders emphasizing the urgency of an agreement before January 20 ...
About Us - btimesonline.com
The Business Times is a trusted source of real-time news, intelligence and analysis on the forces reshaping global and national economy. Business Times, is a digital global news publication which initially founded in 2009 and headquartered in Beijing, and moved the operation to New York City in March, 2020.
Oil Prices Jumps as Beijing’s Monetary Policy Fuels Demand …
Dec 12, 2024 · Oil prices edged higher on Wednesday as hopes for increased demand from China and anticipation of key economic reports in the United States buoyed the market. Brent crude futures rose 1.04% to $72.94 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 1.09% to trade at $69.34. The optimism follows recent signals from Beijing that it will adopt an "appropriately loose" monetary ...
Oil Prices Rise Amid Unexpected U.S. Stockpile Decline and Tight …
Dec 19, 2024 · Oil prices edged higher on Wednesday as markets reacted to reports of a significant drawdown in U.S. crude inventories. Brent crude rose near $74 per barrel, while West Texas Intermediate (WTI) climbed above $70, bolstered by data from the American Petroleum Institute (API) showing a 4.7 million barrel decline in U.S. stockpiles for the previous week.