by Harvard Zhang | Aug 11, 2016 | Business & Tech
WASHINGTON — A stronger U.S. dollar will likely lead to a gradual depreciation in the yuan over the next 12 months as China strives to limit economic volatility. That’s the view of some economists and foreign-exchange strategists. They say the dollar will strengthen...
by Ruojing Liu | Aug 9, 2016 | Business & Tech
WASHINGTON, Aug. 9 — Healthcare costs at large U.S. companies are expected to increase 6 percent for a third consecutive year in 2017, according to a survey conducted by a group focusing on national health policy. Survey results were disclosed Tuesday at a news...
by Harvard Zhang | Aug 8, 2016 | Business & Tech, Science + Technology
President Barack Obama’s top cybersecurity adviser said the next president should keep focusing on cybersecurity concerns by forming strong partnerships between government and the private sector. Michael Daniel, cybersecurity coordinator for the Obama administration,...
by Harvard Zhang | Jul 28, 2016 | Business & Tech
WASHINGTON — Record-low yields on U.S. Treasurys endanger the long-run solvency of Social Security and the future retirement benefits for younger generations of Americans, economists say. Newer Treasury bonds held by the trust fund have been earning less for years,...
by Harvard Zhang | Jul 20, 2016 | Business & Tech
WASHINGTON — President Barack Obama is expected to address a growing sense of protectionism in world markets by promoting stronger measures to deal with global tax evasion and money laundering at a meeting of world leaders, a White House aide said Wednesday. Those...
by Katie Murar | Jul 20, 2016 | Business & Tech
WASHINGTON–Critics are imploring the Obama administration to withdraw or change proposed tax regulations aimed at eliminating controversial strategies such as earnings stripping and corporate inversions. At a Thursday hearing at the Internal Revenue Service,...