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By Christopher Bing Nashville, Tennessee (Reuters) – Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday. An ongoing Chinese hacking campaign known as Volt Typhoon…
Upbeat US data and hawkish comments by Fed members Williams and Bostic throw a spanner on Canadian Dollar’s recovery US Initial Jobless Claims and housing data endorse belief in strong labor market, hot inflationary trends. USD/CAD pullback loses steam right above 1.3730 support area. The Canadian Dollar (CAD) has given away…
The U.S. company Circle would have an easier time than Tether choosing to comply with the stablecoin regulations proposed by U.S. Sens. Cynthia Lummis and Kirsten Gillibrand. Lummis argued U.S. customers will prefer U.S.-regulated stablecoin issuers. Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under…
LOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next year, the company said Thursday as it reported earnings that beat on the top and bottom line.Total memberships rose 16% in the quarter, reaching 269.6 million, well above the 264.2 million Wall Street had expected.…
The excitement around Caitlin Clark being drafted first overall by the Indiana Fever in the 2024 WNBA Draft led 2.45 million viewers to tune in, eclipsing the league’s previous high for a draft by 307%, another indication of the impact that the NCAA’s all-time leading scorer in both men’s and…
President Joe Biden is tapping a senior White House official to serve as US ambassador to the Organization for Security and Cooperation in Europe, a key body amid the ongoing war in Ukraine and at a time when the US is seeking to project confidence about its support for Ukraine,…
By Ann Saphir and Michael S. Derby (Reuters) -Federal Reserve policymakers are…
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Online furniture and home furnishings seller Wayfair is set to open its…
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Mexican Peso on defensive as USD/MXN is back above 17.00. Mexican economic…
POLITICS
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Independent presidential candidate Robert F. Kennedy Jr. officially qualified for the ballot in Michigan, a key battleground state that could prove pivotal in deciding the outcome of the 2024 presidential election. The campaign announced on Thursday that Kennedy and his running mate Nicole Shanahan were nominated by the Natural Law Party, a minor party with ballot access in the state. Natural Law Party of Michigan chair Doug Dern told CNN the party nominated Kennedy in a convention on Wednesday. The Michigan Secretary of State’s office confirmed to CNN the party’s nomination has been approved and Kennedy will appear on the…
Biden may be the first Democratic president since Vietnam era to face this problem Young voters and students frustrated with US foreign policy have been resistant to support President Joe…
GOP strategist reacts to Trump’s ‘unconventional’ request Donald Trump’s campaign is asking Republican candidates and committees using the former president’s name and likeness to fundraise to give at least 5%…
The United States slapped new sanctions Thursday on 16 people and two entities associated with Iran’s drone program as it looks to punish Tehran for last weekend’s attack on Israel.…
Markets
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MCLEAN, Va. – Iridium Communications Inc. (NASDAQ:) saw its shares surge by 7.5% following the announcement of its first-quarter financial…
Finance
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House Speaker Mike Johnson’s unconventional plan to hold separate votes on Israel and Ukraine aid is designed primarily to appease House Republicans who don’t want to…
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By Dominique Patton and Mimosa Spencer PARIS (Reuters) -L’Oreal reported a 9.4%…
Investing
Apple is planning to buy more components from Vietnam, underscoring a trend among global tech firms to look beyond China to secure their supply chains, cut costs and open up new markets. CEO Tim Cook made the pledge in a meeting with Vietnamese Prime Minister Pham Minh Chinh in Hanoi…
Economy
By Emma Farge and Catarina Demony GENEVA (Reuters) – France should repay…
Fintech
This story is developing. Please check back for updates.Prosecutors on Thursday accused…
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