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TRUMP AI ECONOMY
China’s factories cap best quarter since 2020, survey showsThis "two-speed" activity sees booming tech sectors contrasting with traditional exporters struggling due to weakening global demand. The p...- Gas plants for US data centers to be major source of climate change-linked emissions, report saysThe Environmental Integrity Project reviewed 74 gas-fired US power plant projects proposed or planned to provide electricity directly to ...
- World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
- Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
- Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- US dollar heads into second half of 2026 as world’s top-performing major currencyThe US dollar is set to enter the second half of 2026 on a strong footing, supported by higher interest rates, resilient economic growth an...
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
- US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
- US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
- AI Euphoria, Fed Signals and Oil Politics: David Roche warns markets may be ignoring bigger risksGlobal markets are optimistic about AI and easing inflation, but David Roche warns of deeper structural risks. He believes the AI investmen...
- We cannot let AI frontier models fall into hands of authoritarian regimes: French President Emmanuel MacronArtificial intelligence frontier models must not be allowed to fall into the hands of authoritarian regimes, but democracies must co-ope...
- PM Modi holds 'very fruitful' meeting with German Chancellor Merz at G7, discuss trade, defencePrime Minister Narendra Modi met German Chancellor Friedrich Merz at the G7 Summit. They reviewed the India-Germany Strategic Partnership a...
- AI executives gather at G7 as Europeans seek checks on American dominanceIn a rare huddle of AI industry figures, leaders of three of the most powerful AI companies -- OpenAI CEO Sam Altman, Google DeepMind CEO D...
- 'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm...
- G7 leaders applaud Iran, Ukraine progress ahead of tackling AIG7 leaders are calling a US-Iran deal a historic chance. They also agreed to put more pressure on Russia regarding its Ukraine invasion. Th...
- Nvidia's Jensen Huang pledges AI will boost manufacturing jobsThe factory represents a fundamental test of whether, as Huang believes, AI will be a source of job creation instead of a technology that s...
- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- Anthropic ban: Sarvam AI's Pratyush Kumar warns against reliance on foreign modelsA US ban on advanced AI models has highlighted the vulnerability of foreign reliance, according to Sarvam AI's Pratyush Kumar. He urged Ind...
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