China is further opening up several major state-dominated industries to private capital by raising the ownership limit and removing some investment barriers. China’s cabinet — the State Council — has unveiled a package of 13 measures to promote private investment, in an effort to revive a sector that’s struggled against the backdrop of sluggish demand…
Last week I asked where the Trump phone was. The answer? Nowhere. There’s no update, no response, no sign of it. And since it’s still not here, I am — again — asking the same question. And I’m afraid I’m going to keep being here, week in, week out, until I have a T1 Phone…
Senate Democrats are pushing the Trump administration for more information on US efforts to prevent American private equity and venture capital firms from bankrolling advances by China and other adversaries in key technologies including artificial intelligence and quantum computing. In a letter to Treasury Secretary Scott Bessent, five Democratic senators demanded a update on plans…
Biopharma has finally begun catching up with the overall stock market, if the positive returns shown by the top three exchange traded funds (ETFs) since the spring are any indication. Over the past six months, shares of the top three biopharma ETFs have jumped well into double digits. The top biotech-focused ETF with $6.562 billion…
Hello and welcome to Regulator. Of all the strange, unintended consequences stemming from major lawsuits, I never thought that the Trump administration’s power to force Apple to remove ICE-tracking mobile apps from its stores could have been connected to a legal battle over Fortnite V-Bucks. Yes, we are talking about the in-game digital currency that…
Thousands of people throughout Iowa joined others across the country in the second “No Kings” protest against President Donald Trump and the Trump administration’s policies on Saturday.Several dozen rallies were scheduled across Iowa, joining 2,500 events nationwide.Roughly 200-300 protestors attended events in Indianola and Ankeny. Over 1,000 people joined the rally in Des Moines, held…
Alabama schools are experiencing a significant change this year as the Focus Act, a new law banning cellphones in classrooms, takes effect, aiming to improve focus and reduce distractions in schools across the state. The Focus Act allows each school district to decide how to implement the cellphone ban. At Hewitt-Trussville, the policy requires students…
New tariffs on imported wood and certain wood products took effect on Tuesday. Softwood timber and lumber are now subject to 10% tariffs under a proclamation signed by President Donald Trump last month. Trump also imposed 25% import taxes on upholstered furniture, kitchen cabinets, and bathroom vanities. Those rates are slated to increase again on…
The dollar rose on Monday as currency traders shrugged off the latest threat of steep tariifs on China from US President Donald Trump and instead focused on the path for a possible trade deal between the world’s two largest economies. The Bloomberg Dollar Spot Index gained some 0.2% as of 10:15 a.m. in New York….
Prime Minister Keir Starmer is being urged by senior members of his government to reassess his policy toward China and take a tougher stance on the risks it poses to UK national security in the wake of a collapsed espionage case. Several cabinet ministers are concerned that Starmer has taken too generous an approach to…