China’s retail sales disappoint as stimulus fails to spur demand; industrial output defies tariffs
Industrial output grew 6.1% in April, stronger than analysts' expectations for a 5.5% rise, indicating the impact from U.S. tariffs…
Category: Economy
UK and European Union agree to post-Brexit reset deal, sources tell CNBC
The U.K. and European Union finally agreed to reset relations Monday, sources told CNBC, after Britain's acrimonious exit from the…
Trump wants a ‘one-stop shopping’ deal with South Korea on trade and defense, but there is a cost
South Korea could pay its dues by investing more in its forces, an analyst said, which would allow U.S. troops…
Qualcomm to launch data center processors that link to Nvidia chips
Qualcomm on Monday said it plans to launch processors designed for data centers to power artificial intelligence, which will link…
Qatari cybertrucks, elite camels and trillion-dollar vows: Why Gulf countries are going all out for Trump’s visit
"We appreciate those camels," Trump told the Qatari emir. "I haven't seen camels like that in a long time." ...
Grok’s ‘white genocide’ auto responses show AI chatbots can be tampered with ‘at will’
Elon Musk's Grok chatbot is showing yet again why generative AI has a trust problem with users. ...
Moody’s downgrades United States credit rating, citing growth in government debt
Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old…
Trump says he will call Putin, Zelenskyy, and NATO members on Monday to talk ceasefire, trade
Trump told reporters on Friday that he would speak with Putin after the Russian president skipped peace talks between Russia and…
Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
Trump blasted Walmart after the retailer warned it would raise prices due to tariffs. ...