European Commission President Ursula von der Leyen sits with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU. File | Photo Credit: Reuters The dollar gained against major currencies, including the euro and yen, on Monday (July 29, 2025), with sentiment lifted by a trade agreement between the […]
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President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Mr. Trump’s threat of a 30% rate if no deal had been reached by August 1. The tariffs, or import taxes, paid when Americans buy European products could […]
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Stargate, a multi-billion-dollar effort by ChatGPT’s creator OpenAI, SoftBank and Oracle to supercharge the U.S.’ AI ambitions is now setting the more modest goal of building a small data center by the end of the year, likely in Ohio, the Wall Street Journal reported on Monday. In January, U.S. President Donald Trump hosted top tech […]
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Tesla will open its first India showroom in Mumbai next week, having imported $1 million worth of cars and merchandise, marking its entry into the world’s third-largest car market despite CEO Elon Musk’s complaints about high import tariffs. In an invitation to media late Thursday, the carmaker said the July 15 event was the “launch […]
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The Trump administration is readying a package of executive actions aimed at boosting energy supply to power the U.S. expansion of artificial intelligence, according to four sources familiar with the planning. Top economic rivals U.S. and China are locked in a technological arms race and with it secure an economic and military edge. The huge […]
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Traders work on the floor of the New York Stock Exchange during morning trading in New York City. | Photo Credit: Getty Images Oil prices rallied Tuesday (June 17, 2025) after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles. […]
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U.S. President Donald Trump and executives from the tech and energy sectors will appear at an artificial intelligence and energy summit in Pittsburgh, Pennsylvania, on July 15, the office of the state’s U.S. Senator Dave McCormick said on Thursday. McCormick’s inaugural Pennsylvania Energy and Innovation Summit will be held at Carnegie Mellon University, his office […]
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Last week, the Internet witnessed the spectacular implosion of one of the most unconventional alliances in modern American politics. What had once been an uneasy partnership between the billionaire CEO of Tesla and X, Elon Musk, and U.S. President Donald Trump, blew into a full-blown public feud. Mr. Musk accused the 78-year-old President of “total […]
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In a recent update from Harvard University, the federal officials will now review the social media accounts of the visa applicants who plan to attend, work at or visit Harvard University, reports news agency The Associated Press. The officials, through social media accounts of the applicants, will look for ‘signs of antisemitism’. A cable sent Friday, […]
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President Donald Trump went on the offensive against Apple on Friday, demanding that the company begin making iPhones in the United States or pay tariffs of at least 25% on iPhones made abroad. The ultimatum is the latest in a decade-long push to get the technology giant to move its supply chain. When he first […]
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