The Trump administration is set to add China’s largest chip maker, SMIC, and oil giant CNOOC to its export blacklist, claiming they’re owned or controlled by the Chinese military, Reuters reported Sunday.
President-elect Joe Biden intends to nominate a team of liberal and centrist economic advisers to serve alongside planned Treasury Secretary nominee Janet Yellen, people familiar with his plans said Sunday, as he prepares to confront the economic fallout from the coronavirus pandemic.
The head of the Republican National Committee and the chairman of the Georgia Republic Party on Saturday urged party member to stay united and focused on the reelection of two incumbent GOP Senators in the special runoff elections in early January.
S&P Global Inc. is in advanced talks to acquire IHS Markit Ltd. for about $44 billion, according to people familiar with the matter, a landmark deal that would combine two of the largest providers of data to Wall Street.
Airbnb Inc. and DoorDash Inc. are planning to release higher-than-expected valuation ranges for their initial public offerings, in the latest sign of strength in a booming market for new issues.
Dr. Deborah Birx told CBS News she’s “deeply worried” about the likelihood of a post-Thanksgiving surge, which could come on top of an already alarming nationwide surge.
Mohamed El-Erian, president of Queens’ College University and economic adviser to Allianz, isn’t so sure the bull run will last and he explained why in a recent interview.
‘It was kind of funny to be in a long line so early in the morning on Black Friday, and not even be making a gift purchase,’ said one person who woke up at 4 a.m. to get in line to be tested for coronavirus.
‘California passed Proposition 19, which will in part require that inherited homes that are not used as principal residences, such as second homes or rentals, be reassessed at market value when transferred.’
‘Now that I’m a business owner and learning more about money management, I haven’t been willing to do as much lavish spending, or compensate my friends anymore.’
‘Some home sellers that would have sold in a normal market decided just to hunker down because of COVID,’ said Jay Farner, CEO of Quicken Loans’ parent Rocket Cos.
The head of the Republican National Committee and the chairman of the Georgia Republic Party urged party members Saturday to stay united and focused on the reelection of two incumbent GOP Senators in the special runoff elections in early January.