TikTok said it will go dark Sunday without assurances of "non-enforcement" of the law effectively banning the app.
US and UK inflation eased last month, boosting bond prices and increasing interest-rate cut expectations. The US core consumer price index fell for the first time in six months, while UK inflation cooled due to softer travel costs.
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
RedNote became a popular alternative social app for TikTok users and topped the Apple App Store and Google Play Store on Monday.
The consumer watchdog agency is closing out President Joe Biden's term with guns blazing, issuing new rules and regulations at a furious pace. However, many of them could be reversed by the incoming Trump administration.
On the campaign trail, Donald Trump vowed to quickly end the war in Ukraine. He’d do it in “24 hours” after taking the oath, he said, or even before his inauguration. But as he prepares to return to the White House,
State-sponsored Chinese hackers breached U.S. Treasury Secretary Janet Yellen’s computer, accessing thousands of unclassified documents in December, anonymous sources told Bloomberg on Thursday. The hackers also infiltrated computers belonging to two of Yellen’s lieutenants,
Political shifts and legal hurdles have delayed TikTok's removal, with Biden reportedly kicking the issue to Trump.
For all the trepidation about world trade, debt and inflation, it could well be worker shortages that define economic trends this year - on both sides of the Atlantic.
A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.