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The U.S. Approved the Export of AI Chips to China. Now A Top Trade Official Says ‘Very Few’ Made It.
A senior Commerce Department official told Congress that the United States has approved only a limited number of shipments of Nvidia's H200 artificial intelligence chips to China and Hong...
Elon Musk Promised People In Wisconsin $1 Million To Vote. Now He Might Face Criminal Charges For It
Elon Musk might have violated Wisconsin election laws when he offered $1 million checks to voters during a state Supreme Court election in 2025, a commission ruled.CBS News reported...
Inflation Rose Less Than Expected Last Month. Now a Top Trump Official Says The Fed Must Act Accordingly
National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June."There's not really an excuse for raising...
Renewed U.S.-Iran Clashes Again Cast Uncertainty Over Energy Markets. The ECB Is Bracing
The European Central Bank (ECB) will reassess its interest rate decision next week as a result of renewed clashes between the U.S. and Iran, Bundesbank President Joachim Nagel said."The...
Tensions Have Flared Up Around Hormuz Again. Now Iran is Signaling that A Key Red Sea Gateway Could Be Next
Iran is signaling that it may expand pressure on global shipping beyond the Strait of Hormuz by leveraging its Houthi allies in Yemen to threaten the Bab el-Mandeb Strait,...
SEGELHORST, ALIAKBARI: Carbon tax could push investment out of Alberta
Breadcrumb Trail LinksNewsOpinionColumnistsNot only will the country with more punitive policies lose economic activity as production and investment move elsewhere, but the environmental benefits will also be offset, undermined...
Inflation Cools More Than Expected. Traders Now Think the Fed Will Hold Rates Steady in July
Financial markets sharply reduced expectations that the Federal Reserve will raise interest rates later this month after new government data showed inflation eased more than economists anticipated in June.According...
U.S. Seismologist Visited China To Study North Korean Nuclear Tests. Now He Is Accused Of Spying And Faces Life In Prison
A Chinese-born U.S. citizen and seismologist faces spying charges in China for detecting and analyzing North Korean nuclear tests.Reuters reported that Youlin Chen, 54, has been detained for two...
Google DeepMind’s Demis Hassabis Wants A New AI Watchdog. He Says The U.S. Should Lead It.
As governments race to keep pace with increasingly powerful artificial intelligence systems, one of the industry's most influential executives is urging the United States to establish a formal oversight...
What SK Hynix’s U.S. Debut Reveals About Wall Street’s Leveraged ETF Craze
KEY POINTSSK Hynix's U.S. debut shows how quickly AI winners are being turned into leveraged trading products.Leveraged and inverse ETFs accounted for roughly 31% of new U.S. ETF launches...
Inflation Dropped More Than Expected In The U.S. In June. Stocks Climbed As a Result
Stocks rose on Tuesday after inflation dropped in the U.S. and traders reduced their expectations of a rate hike by the Federal Reserve in its next meeting.The S&P 500...
Britain Is Changing How It Taxes Crypto. DeFi Users Will No Longer Face Immediate Capital Gains Bills.
The United Kingdom is overhauling the way it taxes certain cryptocurrency transactions, becoming one of the first major economies to formally recognize that lending digital assets and participating in...