After TikTok chief’s grilling in Washington, Apple’s Tim Cook is all smiles in Beijing- QHN

Hong Kong CNN  —  Apple (AAPL) CEO Tim Cook gave a show of support for China as a market and manufacturing base during a visit to Beijing Saturday, even as … Read More

China may prefer TikTok to be banned than fall into US hands- QHN

Hong Kong CNN  —  Nearly three years after the Trump administration threatened to ban TikTok if its Chinese owner didn’t sell the company to American investors, the video app is … Read More

US home building surged in February- QHN

Washington, DC CNN  —  US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of new home construction, rose by 9.8% … Read More

Takeaways from the February jobs report- QHN

Minneapolis CNN  —  February’s jobs report had a little something for everyone. For workers, there were jobs; for employers, there were workers filling shortfalls caused by the pandemic; for the … Read More

Court rejects DOJ bid to transfer Texas immigration lawsuit because of alleged ‘judge shopping’- QHN

CNN  —  A federal judge on Friday rejected a Justice Department bid to push back against alleged “judge-shopping” in a case brought by Texas and other Republican states against a … Read More

More rate hikes are needed, says Fed’s Mary Daly- QHN

New York CNN  —  Federal Reserve policymakers will need to raise interest rates higher and keep them there longer to tackle the higher prices caused by sticky inflation, San Francisco … Read More

Prosecutors want Sam Bankman-Fried to use a flip phone as part of a more restrictive bail package- QHN

CNN  —  The use of a flip phone, or some non-smartphone, is one of several restrictions that prosecutors and Sam Bankman-Fried’s attorneys are jointly asking the judge to approve. The … Read More

NABE economists still expect a recession this year. The question is when- QHN

Minneapolis CNN  —  The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and … Read More

Norfolk Southern is paying $6.5 million to derailment victims. Meanwhile, it’s shelling out $7.5 billion for shareholders- QHN

New York CNN  —  Norfolk Southern CEO Alan Shaw pledged Tuesday the freight railroad will spend $6.5 million to help those affected by the release of toxic chemicals from its … Read More

Russia’s economy is hurting despite Putin’s bluster- QHN

London CNN  —  When Russia launched its full-scale invasion of Ukraine one year ago, Western countries hit back with unprecedented sanctions to punish Moscow and pile pressure on President Vladimir … Read More