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Amazon wants Trump to testify on Pentagon deal

... including federal procurements – to advance his personal agenda." “The question is whether the President of the United States should be allowed to use the budget of the DoD to pursue his own personal ...More

EJ Insight2020-02-11

US charges four Chinese military members in 2017 Equifax hacking

...  that our federal law enforcement agencies treat cybercrime – especially state-sponsored crime – with the seriousness it deserves,” he said in a statement. US officials have said Chinese hackers were ...More

EJ Insight2020-02-11

Trump seeks huge cuts in foreign aid, safety net outlays: report

... rules for federal disability benefits. Those changes are likely to spur Democrats’ ire. Deficits would remain high but eventually come down. The US government ended fiscal year 2019 with the largest b ...More

EJ Insight2020-02-10

US appeals court won't reconsider net neutrality repeal ruling

... rts.  The Federal Communications Commission in December 2017 reversed Obama-era rules prohibiting internet service providers (ISPs) from blocking or throttling traffic, or offering paid fast lanes, a ...More

EJ Insight2020-02-07

Bernard Madoff is dying, seeks early release from prison: lawyer

... prominent federal prisoner to seek “compassionate release” under the First Step Act, a bipartisan law signed by US President Donald Trump in 2018 that lets some older prisoners end their sentences ear ...More

EJ Insight2020-02-06

Healthcare sector driven more by theme than fundamentals

... ed by the Federal Reserve Board, there is a category called the pharmaceutical and medicine sector (blue line). The business cycles are of standard frequency where the peak-to-peak or trough-to-trough ...More

EJ Insight2020-02-05

US announces more coronavirus cases, details quarantine plans

...  be under federal quarantine for 14 days from when they left Wuhan. The CDC has sent additional teams to specific locations where the planes will arrive. Those who do not have symptoms will be allowed ...More

EJ Insight2020-02-04

Huawei urges US FCC to drop national security risk designation

Huawei Technologies Co. Ltd. asked the Federal Communications Commission (FCC) not to finalize its designation of the China tech giant as a risk to US national security, calling the effort “unlawful a ...More

EJ Insight2020-02-04

China injects US$174 billion of liquidity into financial markets

... e by a US federal official – whom it did not name – that the virus could bring jobs back to the United States were “self-centered, unprofessional and unethical”. US Secretary of Commerce Wilbur Ross s ...More

EJ Insight2020-02-03

Plan to allow US banks to invest in venture capital funds again

... by the US Federal Reserve in May 2018. The first phase saw regulators ease the rule’s trading restrictions, and on Thursday regulators moved to simplify the so-called “cover funds” aspect of the rule ...More

EJ Insight2020-01-31

WHO declares global emergency as China virus spreads further

... inated US Federal Reserve Chair Jerome Powell’s news conference on Wednesday. In China, thousands of factory workers on Lunar New Year holidays may struggle to get back to work next week due to travel ...More

EJ Insight2020-01-31

CalTech wins US$1.1 billion jury verdict in patent case

The California Institute of Technology said it won a US$1.1 billion jury verdict in a patent case against Apple and Broadcom, Reuters reports. In a case filed in federal court in Los Angeles in 2016, ...More

EJ Insight2020-01-30

Fed keeps rates steady, says virus clouding outlook

The Federal Reserve held interest rates steady at its first policy meeting of the year, with the head of the US central bank pointing to continued moderate economic growth and a “strong” job market, a ...More

EJ Insight2020-01-30

US files lawsuits over 'robocall' scams

... 2019, the Federal Trade Commission received nearly 400,000 complaints allegedly imposter fraud claims of US$152.9 million, which the Justice Department said “substantially underestimates the extent” o ...More

EJ Insight2020-01-29

US budget deficit to top US$1 trillion amid strong economy: CBO

The US economy will grow at a “solid” rate of 2.2 percent this year, the non-partisan Congressional Budget Office forecasts, but the federal budget deficit will hit US$1.02 trillion. The economy will ...More

EJ Insight2020-01-29

Trivago found guilty of misleading consumers on hotel room rates

A federal court in Melbourne has found online hotel booking site Trivago guilty of misleading customers about hotel room rates. Founded in the Netherlands in 2005, the website has over 150 million use ...More

EJ Insight2020-01-24

Tulsi Gabbard sues Hillary Clinton for 'Russian asset' comments

...  filed in federal court in New York on Wednesday. “That’s ridiculous,” Clinton spokesman Nick Merrill said of the lawsuit. Clinton, the Democratic presidential nominee in 2016, had said on a podcast i ...More

EJ Insight2020-01-23

Boeing warns of new 737 MAX delay

... lowing US Federal Aviation Administration approval because of the time needed to ready the planes and train pilots. The Chicago-based planemaker has been updating the 737 MAX flight control system and ...More

EJ Insight2020-01-22

Trump touts US economy, dismisses climate 'prophets of doom'

... et at the Federal Reserve, whose policies he says are holding back the US economy. “The Fed raised rates too quickly and has lowered them too slowly,” Trump said. Thunberg, one of many young people sp ...More

EJ Insight2020-01-22

Putin's bid to rule forever and what it means for the West

... which the federal legislature will have a bigger say in the policy-making process, and, more importantly, will be charged with naming the prime minister. In order to allow the proposed constitutional ...More

EJ Insight2020-01-20

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