In the heart of Data Center Alley -- a patch of suburban Washington where much of the world's internet traffic flows -- Visa operates its global fraud command center. Every year, $15 trillion flows through Visa's networks, representing roughly 15 percent of the world's economy.
A group of US senators on Friday urged the government's markets corruption watchdog to investigate whether President Donald Trump or White House insiders broke securities laws ahead of his dramatic reversal on global tariffs.
UK lawmakers will be recalled from their Easter break to discuss the future of British Steel in parliament on Saturday, the House of Commons said, with reports the struggling company could be nationalised. UK Business and Trade Secretary Jonathan Reynolds met with the CEOs of British Steel and owner Jingye this week to discuss the future of Scunthorpe.
JPMorgan Chase CEO Jamie Dimon said Friday that US Treasury bonds remained a safe place in an unpredictable world as he warned of "considerable turbulence" facing the economy. US bond yields were up again early Friday, indicating weaker demand for US Treasuries, long considered a safe haven asset.
The applications are sent to the institution for verification, and when completed, the government disburses the funds straight to the universities, not the students.
The mighty dollar is sliding sharply as President Donald Trump's turbulent trade agenda has battered US credibility in global markets and fanned fears of a self-inflicted economic downturn. "The market is re-assessing the structural attractiveness of the dollar as the world's global reserve currency and is undergoing a process of rapid de-dollarization," Saravelos said in a note to clients.
India's gems and jewellery industry is breathing a momentary sigh of relief after US President Donald Trump paused harsh tariffs that threatened to hit lucrative exports and tens of thousands of jobs. While Trump's pause has brought relief, India's exporters are keenly aware they could be in the same position in July.
The local cotton, textile and garment sector is about to get a major funding boost as the federal government is partnering with Bank of Industry to make it happen.
The African Growth and Opportunity Act (AGOA), whose future is in doubt since Donald Trump returned to the White House, provides duty-free access to the United States for certain African products.
As the customers line gets deactivated or churned after one year of no activity, NCC is extending further room for subscribers to claim unused airtime.
Economy
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