The United States has warned China that updated restrictions on chip exports are forthcoming, according to a U.S. government official speaking to Reuters. These tightened restrictions may be introduced as early as the beginning of this month. “The People’s Republic of China expects an update around the one-year anniversary [of the export restrictions], based on discussions with government officials,” the …

Many government services are at risk of shutting down in a matter of days due to a lack of funding. To prevent this, a political agreement must be reached on taking on new debt, but such an agreement is yet to be reached. The United States has what is known as a debt ceiling, which is the maximum amount of …