The US Federal Reserve announced late on Wednesday that it was launching an emergency program-the Money Market Mutual Fund Liquidity Facility (MMLF), to help money market funds meet redemption demands from households and other investors by adding liquidity. The US Treasury Department will also provide billion of credit protection. Hours before the Fed's new action, the European Central Bank also took a late-night decision to start a 750 billion euros (0 billion) bond purchase program to calm markets.
The US firm has been investing heavily in China, from opening new Sam's Club stores to partnering with Dada, a local grocery-delivery platform, CNBC reported. Earlier this month, Dada announced that Walmart's 400-plus stores in China have been connected to the online platform, which promises delivery within an hour.
The US Justice Department on Tuesday sued Google for alleged antitrust violations, saying it abused its dominance in online search and advertising to stifle competition and harm consumers.
The US Marines said in a tweet that the suspicious envelope was received at Fort Myer and the building where it was opened was evacuated in precaution.
The US Trade Representative and the US Department of Treasury released on Monday a statement in response to the white paper.
The United States' consular officials were urged to "immediately make a clean break from anti-China forces who stir up trouble in Hong Kong and stop sending out wrong signals to violent offenders", according to an official complaint submitted by the Chinese Foreign Ministry's Commissioner's Office in the HKSAR to the US Consulate General on Aug 8.
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The US Federal Reserve cut interest rates three times in the second half of 2019 to boost the economy amid a worldwide economic slowdown. The Fed held rates steady at its meeting Wednesday.
The UK is scheduled to withdraw from the 28-member bloc at the end of March 2019, following the outcome of a referendum on the issue in 2016, but with time running out, British Prime Minister Theresa May's government and EU negotiators still appear far apart on the exit terms, leading to fears of a so-called "Hard Brexit" with potentially huge economic implications.
The US Supreme Court Building is seen on Capitol Hill in Washington, March 31, 2012. [Photo/VCG]
The US State Department revealed last month that at least 16 Americans working at the US embassy in Havana, Cuba, suffered physical symptoms caused by some "incidents."