SAN FRANCISCO — Nvidia CEO Jensen Huang delivered a blistering critique of U.S. export controls on advanced semiconductors to China, declaring that “The $50 billion China market is effectively closed to U.S. industry” and announcing his company is taking a multibillion-dollar writeoff on unsellable inventory. Market Share Collapse in China Speaking at the annual Computex … Read more
U.S. Economy Grows at 3% in Q2 2025 Despite Tariff Headwinds Washington, July 30, 2025 – The U.S. economy expanded at a robust 3% annualized rate in the second quarter of 2025, surpassing economists’ expectations of 2.6%, according to the Commerce Department’s initial GDP estimate. This growth marks a significant rebound from the first quarter’s … Read more
Brad Garlinghouse, CEO of Ripple, speaks on the 2022 Milken Institute International Convention in Beverly Hills, California, U.S., Could 4, 2022. The Securities and Alternate Fee’s years-long campaign in opposition to the crypto trade seems to be over. The ultimate chapter closed on Wednesday, when Ripple introduced that the SEC had formally dropped its four-year-old … Read more
U.S. automakers have expressed varied reactions to President Donald Trump’s electric vehicle (EV) policies in 2025, which include rolling back EV mandates, eliminating tax credits, and proposing to rescind emissions regulations. These changes have created a mix of uncertainty, strategic adjustments, and cautious optimism, as automakers navigate a shifting regulatory landscape. Below is a summary … Read more
Trump’s Proposal to Deport U.S. Residents to Overseas Prisons Sparks Authorized and Moral Firestorm April 15, 2025 Washington, D.C. – President Donald Trump’s repeated calls to deport U.S. residents convicted of violent crimes to international prisons, notably El Salvador’s infamous Terrorism Confinement Middle (CECOT), have ignited a fierce debate over legality, human rights, and constitutional … Read more
Detroit, April 4, 2025 – The world’s leading automakers are reeling from President Donald Trump’s “reciprocal tariffs,” enacted on April 2, with a swift cascade of price hikes, production cuts, and layoffs signaling a seismic shift in the global auto industry. As the tariffs—starting at 10% across all imports and spiking to 54% on China, … Read more
Federal Reserve Holds Curiosity Charges Regular at 4.25%–4.5% Amid Tariff Uncertainty Washington, D.C., Might 7, 2025 – The Federal Reserve introduced on Might 7, 2025, that it might preserve its benchmark federal funds price within the vary of 4.25% to 4.5%, marking the third consecutive assembly with no change. The choice, broadly anticipated by markets … Read more
OpenAI Funding Faces $10 Billion Cut as For-Profit Transition Deadline Looms San Francisco, March 31, 2025 – OpenAI, the artificial intelligence powerhouse behind ChatGPT, is at a critical juncture as its ambitious $40 billion funding round hangs in the balance. According to sources familiar with the matter, the company could see its financing slashed by … Read more
Grok’s ‘White Genocide’ Glitch Exposes AI Vulnerability to Tampering San Francisco, Might 18, 2025 – A current incident involving xAI’s Grok chatbot, which repeatedly injected false claims about “white genocide” in South Africa into unrelated person queries, has raised alarm concerning the ease with which generative AI might be manipulated. The episode, attributed to an … Read more
Trump Trade Deal Investment Pledges Are Intentions, Not Gifts, Say Partners By [Your Name], August 6, 2025 Recent trade agreements spearheaded by President Donald Trump have been hailed as significant victories for the United States, featuring massive investment pledges from key trading partners like Japan, the European Union, and South Korea. However, growing skepticism from … Read more