NEWYou can now listen to Fox News articles! China denounced the United States for approving a massive $11.1 billion weapons package for Taiwan, warning that the deal risks turning the island into a “powder keg” and driving the region toward “military confrontation and war.” The unprecedented sale includes 82 HIMARS launchers paired with 420 ATACMS…
NEWYou can now listen to Fox News articles! Congress released a $900 billion defense bill that reshapes U.S. economic and military competition with China by imposing new investment restrictions, banning a range of Chinese-made technologies from Pentagon supply chains, and expanding diplomatic and intelligence efforts to track Beijing’s global footprint. The legislation, which authorizes…
A law graduate from China’s prestigious Zhejiang University who spent nearly all of his income on his beautiful wife has been dumped by her after he lost his lucrative job. The story of the 43-year-old man, identified as Qianqian, has trended on mainland social media after it was reported by the news outlet 163.com. He…
We recently published Top 10 Buzzing Stocks to Watch as Analysts Predict AI-Led Bull Market Will Continue. NVIDIA Corporation (NASDAQ:NVDA) is one of the top buzzing stocks to watch. Brad Gerstner, Altimeter Capital founder and CEO, said in a recent program on CNBC that he believes the AI demand will continue to increase and benefit…
By Makiko Yamazaki and Leika Kihara TOKYO/WASHINGTON (Reuters) -After a wild week, Sanae Takaichi may have found the political support she needs to become Japan’s next prime minister – but the new cross-party alliances come with risks that her economic plans get mired in an increasingly fragmented legislature. Japan’s lower house of parliament is set…
Wall Street is growing louder with warnings that the artificial intelligence trade may be overheating. After months of record gains in AI-linked stocks and corporate spending, concerns are mounting that the boom is starting to look like a bubble. JPMorgan CEO Jamie Dimon underscored that tone of caution while speaking to reporters on Tuesday, calling…
Material success can be measured in a multitude of ways: cars, luxury items, and followers. But behavioral finance expert Morgan Housel has an unusual exercise to do so: a reverse obituary. “It’s a little bit morbid, but it’s to write what you want your obituary to say, and then try to live your life up…
According to the Federal Reserve’s latest Economic Well-Being of U.S. Households report, 49% of Americans said their monthly spending was equal to or more than their monthly earnings. This trend was common even at higher income levels. Read More: I Paid Off $40,000 in 7 Months Doing These 5 Things Trending Now: How Much Money…
Artificial intelligence has propelled the stock market to all-time highs, but Goldman Sachs (NYSE:GS) recently warned that once AI spending slows down, the stock market can tank by 20%. A research note from Goldman Sachs Analyst Ryan Hammond cited the danger of hyperscalers inevitably cutting back on AI expenditures, according to Fortune. “A reversion of…
By Bo Erickson WASHINGTON (Reuters) -President Donald Trump has moved to unilaterally cancel $4.9 billion in federal funding authorized by Congress, escalating the fight over who controls the nation’s spending. In a letter posted online late Thursday, Trump told House of Representatives Speaker Mike Johnson that he plans to withhold funding for 15 international programs,…