China’s ‘silent sanction’ on US semiconductors creates a weapons generation gap

China’s ‘silent sanction’ on US semiconductors creates a weapons generation gap

In addition to the spectacle of Wednesday’s military parade in Tiananmen Square, with its rows of never-before-seen weapons and equipment, was a less visible but highly consequential shift. At its heart lies China’s growing dominance in gallium nitride (GaN) semiconductor technology, giving it a strategic advantage that is reshaping the global arms race, according to…

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Down to new 2025 lows

Down to new 2025 lows

Mortgage rates are continuing to sink lower. According to Freddie Mac, the national average 30-year rate is now 6.50%, down six basis points in one week. The 15-year fixed mortgage rate is down nine basis points to 5.60%. Both are new lows for 2025. With rates on a downward trend, the share of mortgage applications…

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Elon Musk says Tesla and Samsung have signed a $16.5 billion chip deal

Tesla proposes Elon Musk pay package that could make him the world’s first trillionaire

Facebook Tweet Email Link Elon Musk could become the world’s first trillionaire if shareholders adopt a new proposal that would give him unprecedented sums of money if the company reaches certain ambitious milestones. The pay package could grant Musk 423.7 million additional shares of Tesla stock. Those shares would be be worth $143.5 billion at…

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Fashion designer Giorgio Armani dies at 91 – NBC New York

Fashion designer Giorgio Armani dies at 91 – NBC New York

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