President Barack Obama was setting up another clash with Republicans by sending Congress a $4 trillion budget Monday that seeks to raise taxes on wealthier Americans and corporations and increase domestic spending.
President Barack Obama's fiscal 2016 budget will seek new taxes on trillions of dollars in profits accumulated overseas by US companies, and a new approach to taxing foreign profits in the future, but Republicans were skeptical of the plan on Sunday.
The United States is now focused on completing negotiations of a high-value Trans Pacific Partnership (TPP) that does not seek to exclude, but rather help China, a senior US diplomat said on Wednesday.
Two New York-based law firms are investigating investor claims about the business practices of Alibaba Group Holding Ltd in light of a critical Chinese government report about counterfeit goods being sold on a company platform.
Tao Kaiyuan (center), vice-president of Supreme People's Court of China, poses with Associate Justice of the Supreme Court of the United States Ruth Ginsburg (left) and retired Associate Justice Sandra Day O'Connor in the US Supreme Court in Washington on Wednesday.
Most people know what zodiac sign they were born under, but many likely don't know the folklore behind the 12 animals that make up the Chinese Zodiac. A new book aims to explain that back story for children.