by Jin Wu | Jun 25, 2015 | Business & Tech
WASHINGTON – A U.S. law that requires all beef and pork to be labeled with its country of origin could cause massive retaliation against American meat exports in other countries at a cost about $3.2 billion, experts from Iowa told a U.S. Senate panel on Thursday. The...
by Siyuan Du | Jun 25, 2015 | Business & Tech
WASHINGTON – The Commerce opened an investigation Wednesday on a complaint by American steel producers, asking the government to impose duties on low-cost corrosion-resistant steel products imported from five countries. Six petitioners, including United States Steel...
by Holly LaFon | Jun 9, 2015 | Business & Tech
WASHINGTON — A new measure in Congress would help pump money into a fledgling industry that says it could soon mine rare resources from where they are plentiful – asteroids – and form the building blocks of a space economy. The lack of clarity regarding property...
by Yuan Gu | Jun 9, 2015 | Business & Tech, Data Projects
An Energy Information Agency (EIA) report indicates that the U.S. may cut the percentage of import dependence of crude oil and liquid fuel by roughly 50 percent in 2040 and may have a chance to become a self-sufficient net exporter in the future. The above...
by Xiaolan Tang | Jun 9, 2015 | Business & Tech, Data Projects
On December 17, 2014, President Barack Obama and President Raúl Castro announced that the United States and Cuba would seek to reestablish diplomatic relations. Since then, the two countries have engaged in bilateral negotiations in Havana and Washington, and the...
by Xuan Lei | Jun 4, 2015 | Business & Tech
The International Monetary Fund suggested on Wednesday that the Federal Reserve should raise interest rates early next year and shrink the 2015 U.S. GDP growth forecast from 3.1 percent to 2.5 percent. IMF Managing Director Christine Lagarde said she and Federal...