Two U.S. lawmakers want the Biden administration to probe China’s TP-Link Technology Co and its affiliates for potential national security risks from their widely used WiFi routers.
Read More US lawmakers urge probe of WiFi router maker TP-Link over fears of Chinese cyber attacks
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere.
Read More US retail sales report showcases consumer, economic resilience
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fall
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
Read More US new home sales slump to six-month low in May
The Biden administration on Thursday will announce plans to bar the sale of Kaspersky Lab’s antivirus software in the United States.
Read More Exclusive: Biden to ban US sales of Kaspersky software over ties to Russia, source says