WASHINGTON (Reuters) – U.S. Defense Secretary Pete Hegseth will travel early next week to Panama where he will participate in…
Tesla, chips, and banks tumble as China’s retaliation stokes fears of widening trade war
By Deborah Mary Sophia (Reuters) -U.S. chip companies, banks and oil majors fell sharply on Friday after China retaliated to…
Treasury’s Bessent: Market drop a “Mag 7” problem, not a MAGA one – Tucker Carlson interview
(Reuters) – The stock market plunge has more to do with the surprise emergence of China’s DeepSeek artificial intelligence tool…
Refining stocks plunge to near two-year lows as Trump tariffs spur demand worries
By Nicole Jao NEW YORK (Reuters) -Shares of U.S. refiners fell to two-year lows on Friday in the wake of…
AppLovin bids for TikTok in all markets outside of China
By Jaspreet Singh (Reuters) -Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of…
US, Chinese military officials hold talks in Shanghai
WASHINGTON (Reuters) – U.S. and Chinese military officials met in Shanghai for a series of meetings which the U.S. military…
Elon Musk can stay ‘as long as he likes’ but will want to get back to businesses, says Trump
By Trevor Hunnicutt ABOARD AIR FORCE ONE (Reuters) – President Donald Trump gave billionaire adviser Elon Musk a fresh endorsement…
Trump’s tariffs are largest US tax hike since 1968, JPM warns
NEW YORK (Reuters) – U.S. President Donald Trump’s cumulative tariff hikes amount to about 22%, which would be equivalent to…
Amazon bids to buy TikTok as deadline looms, U.S. administration official says
By Dawn Chmielewski (Reuters) – Amazon.com has put in a last-minute bid to buy TikTok, a U.S. administration official said…
New AI benchmarks test speed of running AI applications
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) – Artificial intelligence group MLCommons unveiled two new benchmarks that…