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Trump Presses Trudeau in Meeting: Border Trade Talks Heat Up Over Tariffs and Fentanyl

Nov 30, 2024 21:20 pm UTC| Economy Politics

At his Florida estate, President-elect Donald Trump urged Canadian Prime Minister Justin Trudeau to address pressing issues like border trade imbalances, impending tariffs, and the fentanyl epidemic. The high-level talks...

Baidu Secures Hong Kong’s First Robotaxi Test License, Marking Expansion Beyond Mainland China

Nov 30, 2024 20:47 pm UTC| Economy Technology Business

Chinas Baidu has obtained Hong Kongs first autonomous vehicle testing license, allowing its Apollo robotaxi to operate on designated roads, signaling its ambitions to expand robotaxi services globally. Baidu Expands...

Tesla, JPMorgan Bury the Hatchet Over Musk’s $420 Tweet, End Warrant Lawsuit

Nov 30, 2024 20:05 pm UTC| Economy

Tesla and JPMorgan have mutually agreed to settle their legal battle over warrants tied to Elon Musks notorious $420 tweet. The dismissal of claims brings an end to years of litigation and opens the door to renewed...

US Black Friday Spending Soars 3.4%; Online Sales Skyrocket 14.6% Year-Over-Year

Nov 30, 2024 19:41 pm UTC| Economy

US Black Friday spending climbed 3.4% from last year, fueled by a remarkable 14.6% increase in online sales, according to Mastercard SpendingPulse. Shoppers flocked both online and in stores, kickstarting a promising...

Trump's Win Fuels Defense Stocks Surge as Analysts Eye Budget Boost Amid Global Demand

Nov 30, 2024 19:14 pm UTC| Economy Politics

Donald Trumps second term is poised to ignite a defense stock rally, with analysts forecasting budget increases and surging international demand. Key contractors like Lockheed Martin and Northrop Grumman are expected to...

Morgan Stanley Cautions China: 2025 Markets Set for Volatility from Tariffs and Tensions

Nov 30, 2024 18:52 pm UTC| Economy

Chinas equity markets are bracing for a volatile 2025, cautions Morgan Stanley, highlighting downward earnings trends, potential 25% U.S. tariffs, and escalating geopolitical tensions. Analysts favor robust A-shares...

How the UK’s austerity policies caused life expectancy to fall

Nov 30, 2024 17:14 pm UTC| Insights & Views Economy

Between 1945, when the second world war ended, and the start of the 2010s, average life expectancy and mortality rates in high-income countries improved continuously. But from around 2012, in the UK and in several other...

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Economy

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....