The Trump administration granted ByteDance a 15-day extension of a divestiture order that had directed the Chinese company to sell TikTok…
Tag: U.S. Treasury Department
Apple lobbies White House for lower taxes to boost U.S. chip production
Apple has been lobbying the U.S. government on tax breaks to support domestic chip production. The company lobbied the White House…
When all U.S. coronavirus stimulus payments should arrive
More than 80 million Americans were slated to receive their coronavirus stimulus payments via direct deposit this week, but with a total of 171 million Americans…
Why the stock market could boom this year with its biggest rally ever
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally …
U.S. Treasury Secretary Mnuchin: All countries should end digital services tax plans to pave way for OECD-led global deal
U.S. Treasury Secretary Steven Mnuchin has urged all countries to suspend plans for digital services taxes that Washington believes unfairly target U.S. tech companies…
After Trump admin declares China a currency manipulator, China moves to stabilize yuan; stocks rebound
Stocks rebounded on Tuesday after China’s central bank indicated it wanted its currency to trade at a higher level…