Adnan Rasheed 
NEW YORK — US stocks tumbled Friday after former President Donald Trump warned of “massive” new tariffs on Chinese imports, wiping out roughly $2 trillion in market value within hours and sending a shockwave through global markets. The S&P 500, which had been near an all time high early in the session, fell 2.7% by … Read more
NEW DELHI — Indian Prime Minister Narendra Modi met Qualcomm President and CEO Cristiano Amon in New Delhi on Saturday to discuss opportunities in artificial intelligence, semiconductor manufacturing, and digital innovation, Modi’s office said in a statement. “Great to see Qualcomm’s commitment towards India’s semiconductor and AI missions,” Modi said in a post on X … Read more
Police departments across the United States and the United Kingdom are warning residents about a dangerous new social media trend involving an “AI homeless man” prank circulating on TikTok. The viral challenge uses generative artificial intelligence to fabricate realistic images of homeless individuals inside people’s homes, prompting alarmed parents to call emergency services often resulting … Read more
WASHINGTON — China’s latest move to tighten control over its rare earth exports has reignited economic tensions with the United States, shattering months of fragile calm between the two powers. Beijing announced sweeping restrictions this week on exports that contain even trace amounts of rare earth materials, escalating what analysts describe as a new phase … Read more
WASHINGTON — The United States will host a Qatari Emiri Air Force facility at Mountain Home Air Force Base in Idaho under a new defense cooperation agreement, Defense Secretary Pete Hegseth announced Friday. Speaking alongside Qatari Minister of Defense Sheikh Saoud bin Abdulrahman Al Thani at the Pentagon, Hegseth said the facility will allow Qatari … Read more
NEW YORK — US stocks fell sharply Friday after former President Donald Trump threatened to impose significantly higher tariffs on Chinese imports, accusing Beijing of “becoming very hostile” and tightening control over its rare earth metal exports. The Dow Jones Industrial Average dropped 449 points, or roughly 1%, in a sudden midday selloff that erased … Read more
BEIJING— China has blacklisted Canadian semiconductor research firm TechInsights, barring the company from working with or obtaining data from Chinese entities in a move that underscores Beijing’s tightening control over information related to its chip industry. The Ministry of Commerce announced Thursday that TechInsights and several of its subsidiaries were added to China’s “unreliable entity … Read more
OSLO, Norway (AP) — Venezuelan opposition leader Maria Corina Machado has been awarded the 2025 Nobel Peace Prize for her long standing fight to defend democratic rights and lead a peaceful movement for political transition in Venezuela, the Norwegian Nobel Committee announced Friday. “When authoritarians seize power, it is crucial to recognize courageous defenders of … Read more
Nvidia Corp. Chief Executive Officer Jensen Huang reacted to the AMD OpenAI deal, calling it “imaginative” but “surprising” after Advanced Micro Devices Inc. offered OpenAI a warrant for up to 160 million AMD shares roughly 10% of the company. Speaking on CNBC’s Squawk Box on Wednesday, Huang said he was taken aback by AMD’s move … Read more
Alexandria, Va. — New York Attorney General Letitia James, who gained national prominence for winning a civil fraud case against former President Donald Trump, was indicted Thursday on two federal felony counts related to a 2023 mortgage she obtained in Virginia. A federal grand jury in Alexandria charged Letitia James with bank fraud and making … Read more
