Business > Congress

Powell and Yellen Suggest Need to Review Regulations After Bank Failures

2 hours ago   |   NY Times

Proposals for more scrutiny of the financial sector are meeting resistance from industry and Congress.
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The average TikTok user in the US is an adult 'well past college age,' CEO says

2 hours ago   |   Business Insider

TikTok CEO Shou Zi Chew said the average TikTok user is "an adult well past college age." Matt McClain/The Washington Post/Getty Images. TikTok CEO Shou Zi Chew said the...
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TikTok creators say ban would destroy their businesses

TikTok creators say ban would destroy their businesses

4 hours ago   |   WGN TV

WASHINGTON - TikTok creators took to Capitol Hill Wednesday to discourage Congress from banning the social media app nationwide. The creators use TikTok for all sorts of...
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TikTok influencers are descending on Washington to lobby for the social media platform as its CEO prepares for a congressional grilling

5 hours ago   |   Fortune   |   2 articles

Shou Zi Chew plans to tell Congress on Thursday that TikTok, which was founded by Chinese entrepreneurs, is committed to user safety, data protection and security, and keeping...
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Meet Shou Zi Chew, TikTok's 40-year-old CEO who's entered the spotlight as he tries to defend the company from growing security concerns and ban threats

6 hours ago   |   Business Insider   |   2 articles

Shou Zi Chew in Hong Kong, Saturday, June 23, 2018. Kin Cheung/AP TikTok CEO Shou Zi Chew will testify before Congress this week as officials share security concerns about the...
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Tiktok's lobbying tops $5.3M in 2022 as it brings its charm offensive to Congress

6 hours ago   |   NPR

TikTok's CEO plans to tell the committee that it is working to protect U.S. users' data from Chinese government scrutiny. TikTok is pouring millions into lobbying to ease...
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Fed hikes rates despite concerns over banking crisis

Fed hikes rates despite concerns over banking crisis

7 hours ago   |   WGN TV

The Federal Reserve hiked interest rates by 0.25 percentage points on Wednesday after numerous failures in the banking sector had prompted some analysts on Wall Street to call...
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The Fed's latest move confirms it's trying to thread the needle between cooling inflation and helping banks in turmoil

7 hours ago   |   Business Insider

Federal Reserve Board Chair Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on "The Semiannual Monetary Policy Report to the Congress...
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TikTok CEO to insist to Congress it's 'inaccurate' to think its 'beholden to the Chinese government'

10 hours ago   |   Fortune

“Let me state this unequivocally: ByteDance is not an agent of China or any other country."
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TikTok's chief executive will testify before a congressional panel

14 hours ago   |   NPR   |   3 articles

TikTok's CEO plans to tell Congress that TikTok is working to protect U.S. users' data from Chinese government scrutiny. TikTok is pouring millions into lobbying to ease...
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AP sources: Trump probe grand jury not meeting for the day

AP sources: Trump probe grand jury not meeting for the day

NEW YORK - The Manhattan grand jury investigating former President Donald Trump over hush money payments during his 2016 presidential campaign will not meet Wednesday despite... Read more ...

'Don't Say Gay' lawmaker pleads guilty to COVID relief fraud in Florida

'Don't Say Gay' lawmaker pleads guilty to COVID relief fraud in Florida

GAINESVILLE, Fla. - The former Florida lawmaker who sponsored the controversial law critics call “Don't Say Gay” pleaded guilty Tuesday to committing $150,000 in COVID-19... Read more ...

Sotheby's hopes to sell ancient Hebrew Bible for record $30 million

Sotheby's hopes to sell ancient Hebrew Bible for record $30 million

JERUSALEM - One of the oldest surviving biblical manuscripts, a nearly complete 1,100-year-old Hebrew Bible, could soon be yours - for a cool $30 million. The Codex Sassoon, a... Read more ...

Ameriprise CEO's pay was down 17% last year to $54.2 million

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What to know about COVID omicron variant, Minnesota testing, vaccines

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Google's new AI bot Bard just debuted and it's already warning about its...

Google released its new Bard chatbot on Tuesday, and it's already shared responses critical of the tech giant. Beck Diefenbach/Reuters Google just dropped Bard on Tuesday, and... Read more ...

Trump's looming indictment causes his feud with DeSantis to boil over into...

Florida Gov. Ron DeSantis and former President Donald Trump traded barbs as an indictment for Trump appeared imminent. Scott Olson/Getty Images The Trump indictment news put... Read more ...

Amazon Echo Show 5 review: A smart alarm clock with limited uses beyond that

When you buy through our links, Insider may earn an affiliate commission. Learn more. The Amazon Echo Show 5 is the company's smallest smart display with Alexa. Jenny... Read more ...

Trump Hits No. 1 With ‘Justice For All' Song Made With Jan. 6 Arrestees

Former President Donald Trump's new song “Justice For All”-done in collaboration with a group of people incarcerated for their role in the January 6, 2021 insurrection known as... Read more ...

America already promised tanks to Ukraine but now it's going to deliver more...

The military is sending an older M1A1 version of the tank, which can be taken from Army stocks and could be in Ukraine before the end of the year. Read more ...