Business Times - Business & Financial News, China & International ...
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.
Trump Asks Supreme Court to Delay TikTok Ban - btimesonline.com
Dec 28, 2024 · President-elect Donald Trump has urged the Supreme Court to postpone the implementation of a looming TikTok ban, emphasizing the need for a negotiated resolution that addresses national security concerns while preserving the First Amendment rights of millions of Americans. The plea, outlined in a legal brief filed Friday, underscores the contentious debate surrounding the popular social media ...
China-Linked Hackers Infiltrate U.S. Treasury Systems in 'Major ...
6 days ago · The U.S. Treasury Department has confirmed a major cybersecurity breach attributed to Chinese state-sponsored hackers. The attackers gained access to several Treasury workstations and unclassified documents by exploiting vulnerabilities in a third-party software service provider, BeyondTrust. The breach, which Treasury officials classified as a "major cybersecurity incident," has intensified ...
Houthis Claim Missile Strikes on Jerusalem and Ben-Gurion Airport …
5 days ago · The Iran-backed Houthi group in Yemen claimed responsibility for missile strikes targeting critical Israeli sites, including Ben-Gurion International Airport and a power station in Jerusalem. Although Israel's Iron Dome system intercepted the missile late Monday, the attack underscores rising tensions as the Houthis align themselves more openly with Palestinian factions amidst the ongoing ...
Fed Likely to Cut Interest Rates Again While Signaling a Slower …
Dec 17, 2024 · The Federal Reserve is expected to implement another interest rate cut this week, reducing its benchmark rate by a quarter percentage point to approximately 4.3%. This decision, marking the fourth consecutive cut since September, comes as policymakers navigate a resilient economy paired with persistent inflationary pressures. Despite a stronger-than-anticipated economic performance, inflation ...
U.S. Inflation Edges Higher to 2.7% in November, Fed Rate Cuts on …
Dec 12, 2024 · Inflation showed signs of accelerating in November, with the consumer price index (CPI) climbing 2.7% over the past 12 months, up slightly from October's 2.6%, according to data released Wednesday by the Bureau of Labor Statistics. On a monthly basis, prices rose 0.3%, marking a quicker pace than October's 0.2% increase.
House GOP Scrambles to Avert Shutdown as Deadline Looms
Dec 21, 2024 · The urgency was palpable in the House, as Republicans unveiled their fourth plan to fund the government. This proposal, expected to garner significant Democratic support, includes provisions for extending government funding until March 14, a one-year extension of the farm bill, and a $110 billion disaster aid package negotiated earlier with Democrats.
Senate Approves Social Security Expansion for Public Workers, …
Dec 22, 2024 · The Senate passed the Social Security Fairness Act early Saturday, addressing a decades-long grievance among millions of retired public service workers. The legislation, which now heads to President Joe Biden for approval, promises to boost benefits for those affected by longstanding federal policies that reduced Social Security payments for …
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.
U.S. Agencies Sound Alarm on 'Ongoing' Chinese Telecom Hack …
Dec 5, 2024 · U.S. authorities are grappling with the ramifications of a sweeping cyberattack attributed to a Chinese state-linked hacking group known as Salt Typhoon, which has infiltrated critical telecommunications networks. Federal agencies, including the FBI, the Cybersecurity and Infrastructure Security Agency (CISA), and the National Security Council, briefed senators in a classified meeting on ...