by Xinyi(Ethel) Jiang | Apr 12, 2018 | Business & Tech, Topics
WASHINGTON — A coalition of U.S. businesses told Congress Wednesday the Trump administration’s plan of steadily imposing more punitive tariffs on China is “counterproductive” and will not resolve a steep trade imbalance or help American...
![Half of all jobs can be automated now, expert says]()
by Anna Kook | Apr 11, 2018 | Business & Tech, Featured
WASHINGTON – It is no longer in question whether all jobs will be automated, the head of the Institute for New Economic Thinking said Tuesday. The real question rests in when that automation will occur and which sectors of society will be affected sooner than...
by Xinyi(Ethel) Jiang | Apr 6, 2018 | Business & Tech, Featured
WASHINGTON – The U.S. monthly trade deficit hit another high of $57.6 billion in February, the highest level since November 2008, the U.S. Bureau of Economic Analysis announced Thursday. But several experts say increased tariffs aren’t the solution. The monthly...
by Jasmine Khayami | Mar 21, 2018 | Business & Tech, Featured
WASHINGTON – Last week, the beloved toy store chain, Toys “R” Us, announced it would be selling or closing all of its U.S. stores. This announcement came just 6 months after the company filed for Chapter 10 bankruptcy in September last year....
by Matt Sussis | Mar 21, 2018 | Business & Tech, Featured
WASHINGTON—Vertical mergers—or combinations of companies which are not direct competitors—usually face relatively little regulatory scrutiny and rarely go to court. But legal experts say the high-stakes trial over the potential $85 billion merger between Time Warner...
by Matt Sussis | Feb 28, 2018 | Business & Tech, Featured
WASHINGTON—After a social media post by a well-known public figure caused shares of a public company to plummet in value last week, some legal analysts considered the question: Can celebrities trade on tweets? “Sooo does anyone else not open Snapchat anymore? Or...
