U.S. consumer spending rises modestly, inflation cools U.S. consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion that could still lead the Federal Reserve to raise interest rates by the end of the year. The data, released by the Commerce Department on Friday, bolstered […]
United States
U.S. warns businesses of hacking campaign against nuclear, energy firms The U.S government warned industrial firms this week about a hacking campaign targeting the nuclear and energy sectors, the latest event to highlight the power industry’s vulnerability to cyber attacks. Since at least May, hackers used tainted “phishing” emails to […]
Governor declares state of emergency for NYC transit system Gov. Andrew Cuomo said Thursday that he has declared a state of emergency over New York City’s troubled public transit system and has asked its new leader to complete a series of urgent reviews of the agency’s management and aging infrastructure. […]
House GOP backs bills to crack down on illegal immigration Warning of threats to public safety and national security, the Republican-led House on Thursday approved two bills to crack down on illegal immigration, a key priority for President Donald Trump. One bill would strip federal dollars from self-proclaimed “sanctuary” cities […]
U.S. senators seek military ban on Kaspersky Lab products amid FBI probe U.S. senators sought on Wednesday to ban Moscow-based cyber security firm Kaspersky Lab’s products from use by the military because of fears the company is vulnerable to “Russian government influence,” a day after the FBI interviewed several of […]
High-tech dashboards signal big changes for auto parts suppliers Peer at the instrument panel on your new car and you may find sleek digital gauges and multicolored screens. But a glimpse behind the dashboard could reveal what U.S. auto supplier Visteon Corp (VC.N) found: a mess. As automotive cockpits become […]
Iran says will act on U.S. court ruling on Trump travel ban Iran said on Wednesday it would take “reciprocal action” in response to the U.S. Supreme Court allowing a partial implementation of President Donald Trump’s travel ban on six Muslim-majority countries. Lower U.S. courts had completely blocked Trump’s executive […]
Indonesia imposes travel ban on Trump business partner Indonesian authorities have imposed a travel ban on tycoon and politician Hary Tanoesoedibjo, who is building resorts to be managed by Trump hotels, over an investigation into allegations he threatened a prosecutor via a text message. Tanoesoedibjo has been given a 20-day […]
Helicopter attacks Venezuela court, Maduro denounces coup bid A Venezuelan police helicopter strafed the Supreme Court and a government ministry on Tuesday, escalating the OPEC nation’s political crisis in what President Nicolas Maduro called an attack by “terrorists” seeking a coup. The aircraft fired 15 shots at the Interior Ministry, […]
Asia stocks pressured as Wall St. hit by healthcare vote delay Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could […]
