U.S. consumer confidence approaches three-year low

(C) Reuters. FILE PHOTO: Outbreak of coronavirus disease (COVID-19), in Bailey’s Crossroads By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence dropped to a near three-year low in March as households worried about the economy’s near-term outlook amid the coronavirus pandemic, which has upended life for Americans. The survey from […]

The Newest US Sanctions on China’s Huawei Could Backfire

Worsening relations between Washington and Beijing could trigger punishing new US restrictions on Huawei’s supply of cutting-edge microchips. But some experts believe this would only backfire by pushing China, and other countries, to develop more alternatives to advanced US technologies. The Trump administration is reportedly mulling controls that would require […]