Citigroup was fined by federal banking regulators on Wednesday Inc. C 0.97% Million 400 million and ordered the country’s third-largest bank to improve its risk-management systems, citing “significant ongoing shortcomings.” The consent order, approved by the board of New York Bank, blamed Citigroup for a reduction in “various areas of …
Read More »New Rules for H-1B Visas: What You Need to Know
WAS SHINGTON The Trump administration Long-awaited changes to the H-1B visa program for highly skilled foreign workers were introduced on Tuesday with the aim of tightening eligibility for a program valued by high-tech companies and other employers. These changes, some of which come under immediate effect and all of which …
Read More »Six chicken-industry officials are guilty of pricing
The plaintiffs allege that the pricing took place between 2012 and early 2019. Photo: Dan rhys / Reuters Updated October 7, 2020 at 12:42 p.m. According to court documents, the current 65 65 billion poultry industry in the U.S. Extending the government’s anti-trust proceedings, current and former officials of the …
Read More »U.S. The global outlook is sharpening as consumer imports reach pre-epidemic levels
WASHINGTON – The U.S. recorded its largest monthly trade deficit since August 2006 as consumer goods imports returned to pre-epidemic levels, adding evidence of a reversal in global trade. U.S. The trade deficit widened by 5.9% to 1 1.1 billion since July, the widest gap since August 2006, the Commerce …
Read More »Stock Futures Powell Comments, Wait ahead of economic data
U.S. Federal Reserve Chairman Jerome Powell’s scheduled visit to the U.S. on Tuesday outlined data on the economic outlook and trade deficit. There was a slight change in stock futures. Futures linked to the S&P 500 became a wave between small gains and losses. Nasdaq-100 contracts fell 0.2%. Both indices …
Read More »