U.S. proposal tightens rules on Chinese investments in tech
The Treasury Department unveiled a proposed outbound investment rule restricting U S investments in China for artificial intelligence, chips and quantum computing. It targets funding that could boost military, surveillance or cyber capabilities, with comments due by August 4, 2024.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
U.S
China
Joe Biden
Hong Kong
Macau
Biden
Donald Trump
Taiwan
Biden Administration
Treasury
Janet Yellen
Carolina
North America
Wyoming
U.S. existing home sales fall for third straight month
U.S. existing home sales declined 0.7 percent in May to a seasonally adjusted annual rate of 4.11 million, the third monthly drop as higher mortgage rates and record prices deter buyers. Prices rose 5.8 percent year over year to a record $419,300 while inventory climbed to about 1.3 million unsold homes, a 3.7 month supply.
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Los Angeles
U.S
National Association of Realtors
FactSet
Lawrence Yun
NAR
Yun
Freddie Mac
Stron
Realtor.com
FDA approves first menthol e cigarettes for adults
The FDA authorized four menthol flavored e cigarettes from Njoy, marking a shift in vaping regulation. The decision argues vaping can reduce harms from traditional smoking, though critics warn it may entice youth. The ruling leaves safety debates and youth access ongoing amid a market dominated by Vuse and Juul.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
FDA
Njoy
Altria
U.S
Meredith Berkman
America
Nielsen. Vuse
Reynolds American
Juul
Matthew Farrelly
Center For Tobacco Products
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Chinese Technology
Josh Boak
Fatima Hussein
Associated Press
Lockheed Martin
Beijing
Lockheed Martin Corp
People’s Liberation Army
Lockheed Martin Missile System Integration Lab
Lockheed Martin Advanced Technology Laboratories
Lockheed Martin Ventures
James Donald Tabler
Frank Andrew St. John
Jesus Malave
Airbus
Tion
J. Philip Ludvigson
King & Spalding
Investment Security
Craig Allen
U.s.china Business Council
Federal Reserve
Central Bank
Middlesex
Pennsylvania
Jennifer Hiteshue
Court
Medina
Se State Farm
Jenniferhiteshue.com
Medina County Veterans Service
Northland Drive
Medina OH
Medinacountyveterans.org
MDG FlooringAmerica Whore Friande Cend
Pearl Road
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