Monthly Archives: August, 2025

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Nvidia, AMD to pay 15% of China chip sale revenue to US, official says

Agreement applies to advanced AI chips like Nvidia's H20 Nvidia says company follows rules set by US government US official says administration does not feel sale...

Fed officials tilt dovish as US job market softens

More Fed officials express concern about labor market Fresh data underscores job market risks cited by Fed dissenters Heavy data docket looms ahead of September 16-17...

Trump gauges Europe’s reaction to Putin’s ceasefire offer

The White House has held multiple calls in recent days with Ukraine and its European allies to discuss the plan, a White House official...

Boeing CEO stabilizes planemaker in turbulent year, new challenges on radar

Ortberg stabilized Boeing after 737 panel blowout, strike CEO credited for cultural reset Boeing needs to ramp up jet production to catch Airbus SEATTLE, Aug 8 (Reuters)...

‘He is completely upset’: Why Trump scrapped an India trade deal

The unraveling of a seemingly positive trade dynamic shows the precarious nature of crafting an economic partnership with a mercurial Trump administration. India appeared on...

Trump’s Redistricting Gambit Is Poison for Blue State Republicans

Congressional Republicans have, with little resistance, accepted all manner of indignities since Donald Trump’s rise to power. They’ve been made to answer for his...

US expects $50 billion a month in tariff revenues, Lutnick says

U.S. Commerce Secretary Howard Lutnick said on Thursday he expects the country is heading towards $50 billion a month in tariff revenues as higher...

Wall Street set for steady open on Fed rate cut hopes; earnings in focus

Futures up: Dow 0.23%, S&P 500 0.1%, Nasdaq 0.06% Super Micro drops after missing Q4 estimates AMD data center results disappoint, shares down Aug 6 (Reuters) -...

Trump may be off the hook for his 2020 election plot, but his allies aren’t

The criminal cases against his fake electors have been bogged down in delays. But prosecutors are trying to keep the charges alive. Donald Trump’s victory...

Andrew Cuomo and Eric Adams are in a high-stakes staring contest

Mounting independent bids, the former governor and mayor are splitting votes, which could ensure a Mamdani win. NEW YORK — Andrew Cuomo and Eric Adams...

Autopilot verdict deals Tesla a ‘black eye’, threatens Musk’s robotaxi ambitions

Convincing regulators about Autopilot safety could be tough after verdict Jury decision follows years of Autopilot-related probes, recalls Robotaxi success crucial for Tesla amid cooling EV...

Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges

Google (GOOGL.O), opens new tab has signed agreements with two U.S. electric utilities to reduce its AI data center power consumption during times of surging demand...

Texas Dems to flee state amid national redistricting battle

They will head to Illinois, where Gov. JB Pritzker has expressed sympathy for their plight. Dozens of Texas Democrats plan to flee the state amid...

The Supreme Court just dropped a hint about its next big Voting Rights Act case

In a pending case on Louisiana’s congressional map, the justices ordered briefing on whether it’s constitutional to intentionally draw majority-Black districts. The Supreme Court said...

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