World
Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse
Do Kwon, a South Korean cryptocurrency executive charged with fraud, stands with his attorney David Patton to plead guilty in front of U.S. District Judge Paul Engelmayer in New York City, New York, U.S., August 12, 2025 in this courtroom sketch. Jane Rosenberg | Reuters Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital […]
Read More
China warns companies against using Nvidia and AMD chips, report says
Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters China has told companies to refrain from using Nvidia‘s H20 chips after the chipmaker recently received approval to resume shipping the less advanced artificial intelligence […]
Read More
$4,000 gold? Trump’s tariffs exemption has market watchers predicting another rally for the metal
Market watchers are predicting another rally for gold after U.S. President Donald Trump confirmed the metal would be exempt from new tariffs — even as some uncertainty lingers. Last week, U.S. gold futures touched on an all-time high following reports that some gold bars could be hit with Trump’s so-called reciprocal tariffs. There had been […]
Read More
Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
Lisa Lungaro shops at the butcher’s counter in a grocery store on July 22, 2025 in Miami, Florida. Joe Raedle | Getty Images A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald Trump’s tariffs showed mostly modest impacts. The consumer price index increased a […]
Read More
Why a new UK internet safety law is causing an outcry on both sides of the Atlantic
As of July 25, porn sites are required to implement effective age verification methods for U.K. users. Jack Taylor | Getty Images It was well intentioned but a U.K. law mandating age verification on adult sites and a number of other platforms has sparked a backlash from both internet users in the country, and U.S. […]
Read More
India consumer inflation slows for ninth straight month — hits lowest since 2017
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation continued to ease in July, dropping for a ninth straight month to 1.55%, below analysts’ estimates, government data showed Tuesday. The headline inflation rate […]
Read More
More European companies are shunning high-stakes deals in favor of smaller M&As
Flush with cash from a period of resilient earnings, a growing number of European companies are shunning high-stakes deals in favor of smaller and targeted “bolt-on” acquisitions to pursue growth. Executives from industrial giants to consumer goods firms are deploying capital on strategic deals designed to snap up competitors and acquire technologies instead of staking […]
Read More
Trump says he’s open to letting Nvidia sell a downgraded version of its most advanced chip to China
Nvidia CEO Jensen Huang, right, speaks alongside President Donald Trump about investing in America, at the White House in Washington, on April 30, 2025. Jim Watson | AFP | Getty Images U.S. President Donald Trump has singaled that he’d be open to allowing Nvidia to sell a downgraded version of its most advanced artificial intelligence […]
Read More
European bourses set to open higher as global markets await U.S. inflation data
U.S. tourists spending less in Britain, retail body says Oxford Street on May 2 2025, in London. Mike Kemp | In Pictures | Getty Images Figures from the Association of International Retail show American visitors spent less in the U.K. last year compared to 2019. The group says that the decision to end tax-free shopping […]
Read More
U.S.-China tariff truce: These are the big sticking points in deal talks
The U.S. and China agreed to extend the tariff truce for another 90 days — major sticking points are holding up a deal, and both sides are planning a leaders’ summit later this year to break the impasse. Hours before the higher tariffs were set to kick in, the two countries on Monday announced the […]
Read More