U.S.

A former executive fired from TikTok's parent company ByteDance made some startling revelations in a complaint filed in a California court.  Yintao Yu, who was terminated in 2018, said that, during his time at ByteDance, the Chinese Communist Party...

Crypto giant Binance Holdings Ltd (CRYPTO: BNB) is facing an investigation by the U.S. Justice Department over possible violations of sanctions imposed against Russia. According to a Bloomberg report, authorities are investigating whether Russians used Binance to skirt U.S....

U.S. Treasury Secretary Janet Yellen remains convinced that last month's banking sector turmoil hasn't pushed the country off the course of achieving a soft landing.  In a recent interview with CNN, Yellen said banks may become more cautious and...

The U.S., Japan and South Korea have discussed the possibility of the “regularization of missile defense exercises and anti-submarine exercises” to deter North Korea’s nuclear and missile threats. What Happened: To prevent and counter Kim Jong Un’s nuclear and missile...

Seventy-one Chinese military aircraft crossed the median line of the Taiwan Strait on Saturday in response to a meeting between the House speaker and the president of Taiwan, according to Reuters. The response follows just days after China strongly condemned Taiwan President Tsai Ing...

As members of Congress push for a ban on TikTok, the social media company is roping in President Barack Obama's former senior advisers and an ex-Disney executive to avoid the ban, according to The Wall Street Journal. TikTok hired Disney's former communications...

The recent collapse of cryptocurrency bank Silvergate Capital Corp (NYSE: SI) and the termination of the Silvergate Exchange Network (SEN) will be a challenging issue for the cryptocurrency industry, according to a report by JPMorgan Chase.  Silvergate served as a gateway for more than 1,...

Despite the ongoing market downturn in the cryptocurrency industry, illicit cryptocurrency transaction volume has risen for the second consecutive year, reaching an all-time high of $20.6 billion in 2022, according to a report by blockchain analytics firm Chainalysis. The estimate is a lower bound...

New York City is home to more than 345,600 millionaires and is considered the wealthiest city in the world. That’s what a new report indicates. The data also finds that the San Francisco Bay Area, the second-richest city in the U.S., holds the third spot among the world...

As part of its eighth round of sanctions on Russia, the European Union (EU) has imposed a blanket ban on all cryptocurrency services to Russian businesses. “The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services,...

According to data from the U.S. Centers for Disease Control and Prevention (CDC), the suicide rate in the U.S. increased in 2021, following two years of decline. Close to 47,600 deaths were recorded as suicides in 2021.  In 2018, the number of suicidal deaths in the U.S. was at an all-time...

Poland's Iga Swiatek won the U.S. Open women's singles final after defeating Ons Jabeur of Tunisia on Saturday at the Arthur Ashe Stadium. The number one ranked women's tennis player, Swiatek won 12 of the first 14 points to go up 3-0 in eight minutes and won the first set in...

With inflation at a 40-year high and rising costs, consumers across the U.S. will likely grapple with their holiday shopping this year.  The Consumer Price Index didn’t change in July and rose by 8.5% from the previous year.  Gasoline prices declined by 7.7% in...

Elon Musk has warned that another interest rate hike by the U.S. Federal Reserve could result in deflation hitting the economy. A major Fed rate hike risks deflation — Elon Musk (@elonmusk) September 9, 2022 Last year, Musk predicted that the U.S. would enter a recession. If history is any...

Labor Day weekend is underway and more than 12 million Americans are expected to fly during this long holiday weekend. According to data from Hopper, passengers across the U.S. are scheduled to fly from Thursday, September 1 to Monday, September 5, averaging about 2.5 million travelers per day...