Catenaa, Friday, December 20, 2024 –The Teamsters union staged a large-scale protest Thursday, targeting Amazon as it ramps up holiday deliveries. Amazon delivery drivers at seven US facilities walked off the job after the company declined to negotiate a labor contract. The Teamsters described the action as the “largest strike” in US history against Amazon, […]
Catenaa, Friday, December 20 , 2024 –The Bitcoin Policy Institute has drafted an executive order aimed at establishing a US strategic bitcoin reserve, positioning the cryptocurrency as a permanent national asset. The proposal, intended for President Trump’s consideration, would designate bitcoin as a reserve asset under the Exchange Stabilization Fund (ESF). The draft outlines a […]
Catenaa, Tuesday, December 10, 2024 – China’s leaders on December 9 announced a significant pivot in economic policy, adopting bolder measures to address slowing growth and prepare for 2025, while tensions with the US over trade and technology continue to escalate. The Politburo, the nation’s top decision-making body led by President Xi Jinping, pledged to […]
Thursday, May 24, 2024 – The competition for dominance in the global semiconductor industry is intensifying, fueled by billions of dollars in investments from both the United States and China. The US allocated USD 32.8 billion under its CHIPS Act to boost Semiconductor and Chip production, while China set aside a staggering USD 142 billion. […]
WASHINGTON – The US Department of Transportation (DOT) has implemented a new rule from Wednesday, April 24 requiring airlines operating in the United States to offer cash refunds to passengers in the event of canceled flights. This rule applies to both domestic and international flights originating within the US. The rule also clarifies the timeframe […]
Kamala Harris mominated as His Replacement Washington, Monday, July 22, 2024– As Joe Biden bowed out of the presidential race on Sunday, Kamala Harris, the first woman of Indian origin, was named to replace him in the 2024 US presidential race for Democrats. Biden, 81, announced his decision to withdraw, stating it was “in the […]
Catenaa, Saturday, December 14, 2024 – A Texas legislator introduced a bill Thursday to establish a state-held Bitcoin strategic reserve, signaling the state’s ambition to further embrace digital assets. The bill, H.B. No. 1598, sponsored by State Representative Giovanni Capriglione, aims to hold Bitcoin in cold storage for at least five years while allowing Texans […]
WASHINGTON, Thursday, April 25, 2024- The US Chamber of Commerce filed a lawsuit against the Federal Trade Commission (FTC) on Wednesday, April 24, to block the agency’s recent ban on noncompete agreements. The Chamber argues that the FTC overstepped its authority by enacting the rule. Noncompete agreements restrict employees from working for a competitor within […]
WASHINGTON DC, Thursday, March 14, 2024 – The House on Wednesday passed a bill that could lead to a US wide ban of the popular video app TikTok if its China-based owner, ByteDance Ltd., doesn’t divest its stake in the company. US Lawmakers cited national security concerns as the reason for the legislation. The bill […]
Washington, DC, Monday, April 8, 2029- The United States recently imposed sanctions on ‘Gaza Now’ and other entities allegedly involved in fundraising for Hamas through cryptocurrency. The sanctions were announced by the US. Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) on March 27. Among those targeted […]
Catenaa, Monday, December 09, 2024-The US Senate Banking Committee is scheduled to vote on December 11 regarding the renomination of Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw, known for her strong opposition to cryptocurrency developments. Crenshaw, who joined the SEC in 2020, has been vocal in her criticism of crypto-related initiatives. Earlier this year, […]
Catenaa, Monday, December 09, 2024-The US Treasury has officially referred to Bitcoin as “digital gold” following its explosive price surge, which recently saw the cryptocurrency cross the $100,000 threshold. The recognition marks a significant shift in the way the US government views Bitcoin, particularly as its market value continues to soar amid growing institutional interest. […]