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US jobless claims fall unexpectedly, labor market remains strong

WASHINGTON, April 25, 2024 – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting that job growth likely...

U.S. trade deficit widens to 11-month high in March

Washington, April 25, 2024 - The U.S. trade deficit widened to an 11-month high in March as imports fell at a faster pace than...

U.S. Seeks 36-Month Prison Sentence for Binance Founder

New York, April 24 (Financeflashnews) – Binance Founder Faces Money Laundering Charges, Could Serve Up to 3 Years in Prison Binance Enabled al-Qaeda, Hamas, and...

Homeless Face Punishment for Sleeping Outdoors? Supreme Court to Decide Fate of Thousands

The Supreme Court of the United States is poised to make a landmark decision that could drastically impact the lives of millions of homeless...

Google scraps minimum wage, benefits rules for suppliers and staffing firms

NY, April 21, 2024 - Google has scrapped its rules requiring suppliers and staffing firms to pay their employees a minimum wage and provide...

Tesla reportedly considering layoffs of up to 20% of workforce

Palo Alto, April 15 (Reuters) - U.S. electric carmaker Tesla is reportedly preparing to lay off up to 20% of its workforce, according to...

US Steel Shareholders Approve Nippon Steel Takeover, But Deal Faces Hurdles

Pittsburgh, April 13, 2024 – Shareholders of American steelmaker U.S. Steel on Friday approved its takeover by Japanese conglomerate Nippon Steel for $14.9 billion....

US, UK Ban Russian Metals from LME, CME Exchanges in Further Blow to Moscow

Washington/London, April 13, 2024 - The United States and the United Kingdom imposed tough sanctions on Russia on Friday evening, targeting a key sector...

Electric Cars: China and the US Accelerate, Europe Slows Down

The global electric vehicle market continues to grow dynamically. Sales of these vehicles in March 2024 increased by 12% compared to the same period...

U.S. Airlines Battle China Over Flights

Washington, D.C., April 12, 2024 – U.S. airlines are complaining about unfair competitive practices by China in the aviation sector. They allege that China...

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