Adidas Seeks to Reorient After Splitting from Kanye West
Adidas, which recently terminated its partnership with rapper and designer Kanye West, known as Ye, needs a new focus, according to industry experts. Adidas CEO Bjorn Gulden, who
Kenya, Uganda latest to receive IMF help against pandemic
The IMF on Wednesday approved a $739 million emergency loan for Kenya and $491.5 million for Uganda, as the East African countries deal with the coronavirus
The United States and Türkiye Take Joint Action to Disrupt ISIS Financing
Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated critical nodes of a key financial facilitation network of the Islamic State of Iraq and Syria (ISIS),
Coronavirus: US says small business aid will start Friday
The US Treasury Secretary promised small and medium-sized businesses Thursday that financial aid from the $2.2 trillion stimulus package aimed at cushioning the
Departments of Justice and Labor Strengthen Partnership to Protect Workers
The Justice Department’s Antitrust Division and the Labor Department signed a memorandum of understanding (MOU) today to strengthen the partnership between the two agencies to protect
Virus-linked fraud schemes cost US consumers nearly $5 mln
Coronavirus-related fraud schemes are rising fast and have cost US consumers some $4.77 million so far, a government watchdog said Tuesday.
U.S. Chamber Opposes Antitrust Bills Aimed at Specific Companies
The following statement can be attributed to Neil Bradley, executive vice president and chief policy officer, U.S. Chamber of Commerce, regarding bills introduced today in the House Judiciary
IMF, World Bank call for suspending debt payments by poorest nations
The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus
US growth, job gains slowing, Fed reports
Economic growth and job gains continued in most of the United States but the pace has slowed in many areas while spending remains far below pre-pandemic levels, the Federal
US central bank won't shift rates but virus adds new risk factor
Federal Reserve policymakers opened their second day of deliberations on Wednesday and are expected to leave the key interest rate unchanged, but the deadly
US GDP could 'easily' contract 20-30% Q2: Fed's Powell
The business shutdowns caused by the coronavirus pandemic could "easily" cause the US economy to collapse by 20 to 30 percent this quarter, Federal Reserve Chair Jerome Powell said
Supreme Court Curbs Nationwide Injunctions in Birthright Citizenship Case
In a 6-3 decision split along ideological lines, the Supreme Court on Friday ruled in favor of the Trump administration, limiting the ability of federal courts to issue nationwide injunctions.
