Economy

US Tightens Export Restrictions on Leading Chinese Chipmaker SMIC

The U.S. Commerce Department tightened its export restriction on the leading Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC).

Elon Musk Promises Self-Driving Car's System To Be Released in a Month

The fully self-driving car is about to become a reality in just a month or so, according to Tesla CEO Elon Musk.

Weekly Unemployment Claims Soar as Fiscal Stimulus Fades

First-time-filers for unemployment benefit claims slightly increased than expected last week as the labor department struggled to recover from the coronavirus pandemic.

United Airlines to Offer COVID-19 Testing to Passengers

United Airlines will offer COVID-19 testing to passengers, making it the first airline to offer such service.
Stimulus Check: Mark Cuban Suggests $1,000 Every 2 Weeks for 2 Months for Every Household

Stimulus Check: Mark Cuban Suggests $1,000 Every 2 Weeks for 2 Months for Every Household

Mark Cuban suggests that every household in America should receive a $1,000 stimulus check every two weeks for the next two months. .

Jeff Bezos Opens His First Tuition-Free Preschool in Washington

Amazon CEO Jeff Bezos announced that the first Bezos Academy would be open about 18 miles south of Seattle next month.
Snowcat Ridge Snow Park (Night)

Florida's First Snow Park to Open in November

Florida's first and only snow park still has plans to open in November this year, and it's now seeking vendors for its market.

Zero-Emission Vehicles to Be Mandated in California With Newsom's New Order

California Governor Gavin Newsom issued an executive order on Wednesday requiring all new cars sold in the state to be zero-emission vehicles by 2035.
Phased Reopening of the Downtown Disney District

Disneyland Urges California Governor to Reopen Theme Parks

Disneyland executives are demanding California Governor Gavin Newsom to allow the state's theme parks to reopen.
Trump Issues Executive Orders Barring Transactions With TikTok And WeChat

TikTok Deal: Oracle, ByteDance Release Conflicting Statements on Company Ownership

The TikTok deal has become confusing as both Oracle and ByteDance claim majority ownership of the company.

Treasury Yields Fall as Stocks Drop Due to COVID-19, Election Uncertainty

Treasury yields dropped on Monday due to signs that the COVID-19 pandemic is getting worse, driving investors into safe assets.
Small business relief package

Small Business Leaders Clamor for a Standalone Relief Package

Coalition of small business organizations, the Small Business Roundtable, wrote a letter to a congressional leadership on behalf of 30 million small businesses.
Microsoft In Talks To Buy TikTok App From Chinese Company ByteDance

ByteDance Seeks $60 Billion TikTok Valuation in US Deal

ByteDance, the Chinese parent company for TikTok is seeking a valuation worth $60 billion for the pop video sharing app's U.S. deal.
Chicago postal workers

Chicago Postal Workers Plan to Halt Delivery Service After Mail Carrier Was Shot

United States Postal workers in Chicago threatened to stop their delivery services after a mail carrier was shot in the city's South Side earlier this month..
Smartphone with Tik Tok logo is seen in front of displayed Oracle logo in this illustration taken

Trump Approves TikTok-Oracle Deal

President Donald Trump said he has approved a TikTok-Oracle deal to take over the video-sharing app's U.S. operations.
USDA Plans to Provide Additional $14 Billion for Farmers

USDA to Provide Another $14 Billion to Ailing Farmers

The U.S. Department of Agriculture said it would send up to $14 billion in aid to farmers who continue to face dramatic losses in revenue and market disruptions because of the COVID-19 pandemic.
More Stimulus is Needed To Recover From COVID-19 Recession, Bank of America CEO Says

More Stimulus Is Needed to Recover From COVID-19 Recession, Bank of America CEO Says

Brian Moynihan, Bank of America CEO, said more stimulus is needed to help the economy recover from the coronavirus recession.
TikTok

US To Ban TikTok and WeChat on Sunday

Chinese mobile applications TikTok and WeChat will be banned starting Sunday, according to the announcement of the Commerce Department on Friday morning.
Top Translation Trends For 2020 That You Can't Ignore

Top Translation Trends For 2020 That You Can't Ignore

The translation industry is on the rise, thanks to the increasing demand for translation services. Whether you are looking forward to publishing your research paper in a foreign language or just pushing a marketing campaign outside the boundaries of your own country, you will need translation services. It is imperative to cultivate the text in the right way for staying relevant and passing on the information in the right manner. It wasn't very easy for firms to go international in the past. Now, because of an increase in globalization, the scope of certified translation services has increased as well.

California Expands Family Leave Protections for Small Business Workers

A new California law signed by Governor Gavin Newsom will now expand family leave protections of small business workers.
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