While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday morning as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
After spiking higher for two straight years, traffic deaths in the United States pulled back slightly in 2017, according to a new report by the National Safety Council.
The NSC estimates there were 40,100 motor vehicle deaths last year, which would be a drop of about 1 percent from the total of 40,327 in 2016.
"This is good news and bad news," said Deborah Hersman, CEO of the National Safety Council. "The total number of fatalities is not getting worse, but the situation is not getting better."
Hersman points out traffic-related deaths, including pedestrians and cyclists, are not falling as much some would expect given the advancement in auto safety technologies, like automatic emergency brakes, and the increased use of seat belts.
She expects those trends are not having a bigger impact due to a number of factors, including distracted driving and higher speed limits.
"There are a number of states that have raised speed limits, some now have stretches at 80 or 85 miles per hour," she said.
One state where higher speed limits may have contributed to a rise in the estimated number of deaths is Texas. The NSC estimates traffic fatalities in Texas have jumped 7 percent from 2015 to 2017, though the number of deaths fell slightly from 2016 to 2017.
Separately, Hersman says drivers continue to focus on smartphones, in-car infotainment systems and other distractions when they should be focused on the road.
"We know it's happening even though distracted driving data is hard to come by," she said. "Police reports on accidents often don't report if the driver was distracted and in many accidents, people don't self-report themselves."
While the latest estimate on traffic deaths is a sobering reminder of the dangers on American roads, there is some encouraging news in the report.
For example, the NSC estimates traffic fatalities in New York fell 3 percent last year and have dropped 15 percent over the last two years. Safety advocates say the decline may be due to New York City's push to eliminate traffic deaths by lowering speed limits, adding bike lanes and more pedestrian shelters.
"Changes like those being made in New York can save lives," Hersman said