The US central bank also indicated that the asset purchases will foster smooth market functioning and create accommodative financial conditions, while supporting the flow of credit to households and businesses. Coupled with the low interest rate, the asset purchases aim to increase support for the US economy amid the surging coronavirus outbreak.
The USGS warned that the area will continue to experience more earthquakes than usual.
The US sets an annual cap of 85,000 H-1B visas, which includes 20,000 for foreign workers with advanced degrees. Less than a week after the application period opened for 2017 H-1B visas, the annual cap was reached from a pool of 199,000 applications, the US Citizenship and Immigration Services said earlier this month.
The United States is on high alert for cyberattacks on its financial and infrastructure computer systems after Iran vowed "forceful revenge" following last week's targeted killing of its top military commander.
The UN General Assembly resolution on mass entrepreneurship and innovation also testifies that other countries have begun reflecting on the problems brought about by traditional development models, and they are increasingly willing to accept other development approaches.
The US tariff on imported steel is 25 percent and 10 percent on aluminum. The steel and aluminum tariffs imposed in March were seen as the first salvo in the simmering trade dispute between the US and China, although they also apply to other countries.
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The UN Security Council on Friday failed to adopt a resolution that would extend the current arms embargo against Iran. The draft resolution, tabled by the United States, did not get the required nine votes in favor for adoption.
The United States, together with Britain and France, launched missile strikes on Syria on Saturday, saying that it was in response to an alleged chemical weapon attack by the Syrian military. The Syrian government has categorically denied the accusation.
The US Commerce Department on Monday eased the restriction, allowing US mobile-phone companies and internet broadband providers to work with Huawei until Aug 19.
The US and the Republic of Korea, refusing to change their stance, began this year's 11-day joint military drill on Aug 21, to which the DPRK responded with a warning that the US could face "merciless revenge". And when Japanese and US foreign and defense heads met in Washington on Aug 17, Tokyo unveiled a plan to accelerate the deployment of a land-based Aegis Ashore anti-missile defense system to counter Pyongyang's military "provocations". Japan already uses a sea-based Aegis Ashore system, a regular feature on many US warships.