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Tag: Federal

U.S. Senate holds 3 days of hearings following bank crash

wangxiao05/19/20230

WASHINGTON, May 18 (Xinhua) — The U.S. Senate on Thursday wrapped up three straight days of banking hearings, in the wake of the Silicon Valley Bank (SVB) crash.
The hearings came more than two month

End of COVID emergency highlights U.S. weakness in tracking outbreaks: Washington Post

wangxiao05/11/20230

NEW YORK, May 10 (Xinhua) — When the COVID-19 public health emergency ends May 11, laboratories across the United States will no longer be required to report coronavirus test results to the Centers f

Comicomment:\’Hacking empire\’ U.S. runs rampant, causing harm worldwide

wangxiao05/09/20230

(ECNS)– An investigation report was released on the Central Intelligence Agency (CIA) of the United States, one of the major intelligence agencies of the U.S. federal government, revealing an \”empire

Biden orders U.S. flags to half-staff after Texas mass shooting

wangxiao05/08/20230

WASHINGTON, May 7 (Xinhua) — U.S. President Joe Biden ordered on Sunday the country\’s flag to be flown at half-staff as a mark of respect for the victims of the mass shooting at a mall in Allen, Texa

Interview: Fed\’s aggressive rate hikes destabilize regional banks: JPMorgan strategist

wangxiao05/06/20230

U.S. Federal Reserve Chair Jerome Powell (Rear) attends a press conference in Washington, D.C., the United States, on May 3, 2023. (Xinhua/Liu Jie)
\”The problem of rising interest rates is undermining

Report discloses CIA cyberattacks against other countries

wangxiao05/04/20230

BEIJING, May 4 (Xinhua) — An investigation report was released Thursday on the Central Intelligence Agency (CIA) of the United States, one of the major intelligence agencies of the U.S. federal gover

U.S. Fed hikes interest rates by 25 basis points

wangxiao05/04/20230

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 3, 2023. The U.S. Federal Reserve on Wednesday raised the target range for the federa

Critics warn U.S. Inflation Reduction Act could keep prices high: FT

wangxiao04/27/20230

LONDON, April 26 (Xinhua) — Economists and investors warn that the U.S. Inflation Reduction Act (IRA) could trigger another bout of inflation, the Financial Times (FT) has reported.
The IRA includes

India\’s wholesale inflation eases to 1.34 pct in March

wangxiao04/18/20230

NEW DELHI, April 17 (Xinhua) — India\’s wholesale price index (WPI) eased to 1.34 percent in March, according to data released Monday by the country\’s federal ministry of commerce and industry.
India\’

U.S. family of victim, survivors of mass shooting file lawsuit against gun magazine manufacturers, distributor: CNN

wangxiao04/18/20230

NEW YORK, April 17 (Xinhua) — The family of a victim and several survivors of a mass shooting at a FedEx facility in Indianapolis, U.S. state of Indiana, filed a lawsuit against companies involved in

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