A US law requiring the Chinese company ByteDance to block TikTok unless it divestes the popular short video app is unlikely to take effect on time, in part because the deadline falls on a long weekend and President-elect Trump's incoming administration has promised to give it more time.
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U.S. President-elect Donald Trump recently announced that he would establish a new government agency, the "External Revenue Service," after his inauguration on January 20.
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Recently, the U.S. Department of Labor released the December 2024 non-farm payroll report, which showed an addition of 256,000 jobs, far exceeding the market expectation of 165,000. On the surface, this data adds a glimmer of optimism to the U.S.
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US President-elect Donald Trump's economic team is discussing raising tariffs month by month in a gradual way to increase negotiating leverage while avoiding a spike in inflation, people familiar with the matter said.
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In recent years, as the Russia-Ukraine conflict has escalated, the geopolitical struggle in the energy sector has intensified.
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Los Angeles and Southern California in the United States are facing strong winds for the second week in a row, and the fire is intensifying.
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The political situation of the US presidential election has once again become a global focus of attention. Republican Trump has won the presidential election and is about to begin his new term.
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Danish Prime Minister Fraserricksen has said his government has offered to hold a telephone conversation with US President-elect Donald Trump to discuss his controversial comments about Greenland, a self-governing Danish territory.
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Hungary plans to hold talks with Allies to deal with rising oil prices caused by a new round of U.S. sanctions on Russian oil and gas.
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US President Joe Biden will impose a new round of restrictions on the export of artificial intelligence chips from Nvidia and other companies before he steps down, in a last-ditch effort to prevent advanced technology from falling into the hands of China and Russia.
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French luxury house Chanel said it plans to cut 70 jobs in the United States, or 2.5 percent of its local workforce, amid a more difficult economic climate. Chanel said the decision to cut jobs follows previous moves to limit spending and will help the company better adapt to current economic challenges.
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