Trump imposes 25% tariff on imports of some AI chips
Tariff aims to boost U.S. semiconductor productionTariff excludes chips for U.S. data centers and startups, consumer applicationsFuture broader…
Strong US retail sales in November showcase economy’s resilience
Retail sales increase 0.6% in NovemberCore retail sales advance 0.4%Producer prices rise 0.2% in November after ticking up…
Global grain traders’ green pledges face skepticism as deal to protect Brazil’s rainforest unravels
Item 1 of 2 A drone views shows fallen trees in a secondary forest where farmers (not pictured)…
Exclusive: Pakistan to partner with affiliate of Trump family’s World Liberty Financial on USD1 stablecoin
Pakistan signs deal with World Liberty affiliate SC Financial TechnologiesDeal will explore ’emerging digital payment architecture’World Liberty CEO…
China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt
China posts record $1.189 trillion trade surplus in 2025China’s December dollar exports up 6.6% Y/Y, imports up 5.7%;…
Pentagon to invest $1 billion in L3Harris rocket motor business
L3Harris to separate rocket motor unit for IPO in 2026Pentagon’s investment marks first direct-to-supplier partnershipTransaction structure may face…
US FDA requests removal of suicide warnings from weight-loss drug labels
Regulator asks drugmakers to remove warnings of suicidal thoughts from GLP-1 drugs’ labelsFDA finds no link between GLP-1…
Trump moves to block courts from seizing Venezuelan oil revenue in US accounts
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Allegiant to acquire Sun Country Airlines for $1.5 billion
Jan 11 (Reuters) – Low-cost airline Allegiant (ALGT.O), opens new tab will acquire Sun Country Airlines (SNCY.O), opens…
Trump weighs response to Iran crackdown, Tehran says communication open with US
Trump considers range of options, including military action against IranIran says it is maintaining communications with US envoyMass…
Minnesota, Illinois sue Trump administration to block immigration surges
Tensions rise after fatal shooting by federal officer in MinnesotaMinnesota lawsuit challenges federal immigration enforcement surgeIllinois files similar…
Dollar drops as US Justice Department subpoenas Fed’s Powell
Powell calls subpoenas a pretext for interest rate influencePowell’s term as Fed chief ends in May, Trump considering…