The Trump administration has launched audits of immigration cases involving U.S. citizens of Somali origin to identify potential fraud that could lead to denaturalization, officials said on Tuesday. Homeland Security Assistant Secretary Tricia McLaughlin stated that U.S. law allows revocation of citizenship if it was obtained fraudulently, noting that such cases are rare and typically take years to resolve. According to the Immigrant Legal Resource Center, an average of about 11 denaturalization cases were pursued annually between 1990...
Canada’s steel industry is showing signs of recovery after being hit hard by US President Donald Trump’s tariffs, supported by rising domestic demand, major infrastructure projects and government assistance. Since the US raised tariffs...
The FBI and the US Postal Inspection Service are investigating suspicious mailings sent to state election officials and lawmakers’ offices ahead of the November 3 midterm elections. Some letters contained unidentified substances, including suspicious...
Investors in Anthropic are reconsidering the artificial intelligence company’s expected valuation ahead of its planned November initial public offering (IPO), with some now discussing a figure of around $1.5 trillion, down from earlier expectations...
Investors moved substantial amounts of money out of cash holdings and into stocks and bonds last week, seeking to capitalise on recent market volatility, according to BofA Global Research. Stock funds recorded $64.5 billion...
Chinese automakers are targeting Europe’s lucrative premium car market with a new concept of “intelligent luxury,” focusing on advanced technology, rapid charging and enhanced comfort rather than traditional brand heritage. At the Paris car...
The Bank of England is working with banks to strengthen cyber-recovery plans as artificial intelligence (AI)-powered cyberattacks pose growing risks to the global financial system, Deputy Governor Sarah Breeden said on Thursday. She warned...
Microsoft President Brad Smith has warned that the Trump administration’s move to restrict green-card access for skilled foreign workers could weaken US technological competitiveness and push global talent to other countries, Politico reported on...
The number of Americans filing new claims for unemployment benefits increased marginally by 1,000 to a seasonally adjusted 199,000 in the week ended October 10, according to the US Labour Department. The figure came...
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported a record quarterly net profit of T$763.1 billion ($23.59 billion) for the July–September quarter, marking a 69% increase year-on-year. Driven by robust demand...
The cost of insuring against defaults by US technology companies hit record highs on Thursday, signalling growing credit stress in the artificial intelligence (AI) investment boom. Rising US inflation and expectations of higher interest...