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US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
US in talks with AI companies for voluntary model standardsThe U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...
US allows Anthropic to release Mythos to 'trusted partners'The action comes two weeks after the government ordered the AI firm to suspend access to some of its models, due to fears they could be dep...
Apple seeks US approval to buy chips from blacklisted Chinese companyReports suggest that Apple is actively reaching out to the Trump administration in an effort to source memory chips from ChangXin Memory Te...
US allows Anthropic to release Mythos to 'trusted partners'The US government has partially lifted restrictions on Anthropic's advanced AI model, Claude Mythos 5, allowing trusted partners access aft...
US goods trade deficit widens sharply in May on importsThe goods trade gap increased 27.4% to $105.8 billion last month, the Commerce Department's Census Bureau said on Friday. Economists polle...
India-US hold roundtable to deepen AI, chips, critical minerals cooperationIndia and the United States held a closed-door roundtable bringing together senior government officials and industry leaders to strengthen ...
US lawmaker introduces bill to require AI companies to report critical incidentsThe draft legislation, introduced by U.S. Representative Nathaniel Moran of Texas, would mandate AI companies to report to the U.S. Commerc...
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlookIndian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher....
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 economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimateThe growth in gross domestic product - the nation's output of goods and services - marked a rebound from a sluggish 0.5% in the last three ...
Legal tech firm sues US over order limiting foreign access to top-tier Anthropic modelsLegion LegalTech Corp, a legal tech firm based in the US, has initiated legal action against the federal government after a controversial d...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
US presses Meta to agree to AI reviews as security concerns rise: reportThe Facebook parent, which launched the Muse Spark AI model in April, is the only major U.S. developer of AI technology that has not reache...
Trump signs orders calling for powerful quantum computer, targeting 2028President Trump has launched a major initiative to accelerate the development of powerful quantum computers and bolster cybersecurity again...
US tells ASML it's concerned one of its chipmaking tools may be in China: reportASML has pushed back against those concerns, noting that EUV, or extreme ultraviolet, lithography tools used to print tiny chip circuits ar...
Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
US connected-car rule prompts Ford, other automakers to seek licenses for China-built modelsAutomakers like Ford are seeking U.S. government authorization to continue selling vehicles with Chinese-linked software, facing a ban set ...