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A ‘bailout’ for Main Street? Fed says it is on the way
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve and Trump administration officials over the last week have greased corporate and bank financial markets, freed up half a trillion dollars for central banks in other countries, and pledged to keep major industries such as the airlines afloat. Can they rescue the neighborhood bar? The Fed […]
UK’s Truss urges WTO to crack down on unfair trade practices
LONDON (Reuters) – Britain will use its new independent seat at the World Trade Organization to push for a crackdown on unfair trade practices and protectionism, trade minister Liz Truss will say in a speech on Tuesday. Previously represented at the Geneva-based trade body by the European Union, Britain became a member in its own […]
TikTok Is Fined $15.9 Million Over Misusing Kids’ Data in Britain
Britain’s data protection authority on Tuesday issued a $15.9 million fine to TikTok, the popular video-sharing app, saying the platform had failed to abide by data protection rules intended to safeguard children online. The Information Commissioner’s Office said TikTok had inappropriately allowed up to 1.4 million children under the age of 13 to use the […]