BEIJING – China’s military appears to be preparing for widely anticipated drills in response to a recent visit by Taiwan’s president to Hawaii and Guam. Taiwan’s defense ministry said Monday that it detected Chinese naval and coast guard ships entering the Taiwan Strait and the western Pacific and that China had restricted airspace along its…
CNN’s Jake Tapper asked Senator Dick Durbin, an Illinois Democrat, on Sunday if he had any concerns about President Joe Biden‘s decision to pardon his son Hunter Biden. Last Sunday, Biden issued a pardon for his son that not only covered his federal felony gun and tax convictions but also any other “offenses against the…
TOKYO — TOKYO (AP) — Bitcoin surpassed $100,000 for the first time, while Asian shares were mostly higher Thursday, taking their cues from another Wall Street record rally. U.S. futures edged lower while oil prices crept up. Bitcoin has been nudging toward $100,000 and it surged late Wednesday, U.S. time, after President-elect Donald Trump chose…
NEW YORK (AP) — U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom. The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s the 56th time the index has…
Amazon founder Jeff Bezos said Wednesday that he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming years. “I’m actually very optimistic this time around,” Bezos said on stage during a wide-ranging interview at The New York Times’ DealBook Summit in New York. “He seems…
U.S. stocks rose on Wednesday after tech companies reported better-than-expected revenue boosted by using artificial intelligence (AI). Stock Indexes Climb The three major stock indexes, which measure how stocks perform, were up early Wednesday. The S&P 500 climbed 0.4 percent in morning trading while the Dow Jones Industrial Average went up 181 points (0.4 percent)…
China has struck back at U.S. trade restrictions by banning exports of gallium, germanium, and other high-tech materials essential for advanced manufacturing and military technology. The move, announced Tuesday by Beijing‘s Commerce Ministry, could propel the economic rivalry between the two powers and their respective supply chains. China has explicitly decided to target crucial materials…
TOKYO (AP) — Global shares were mostly higher on Tuesday after technology stocks pulled Wall Street to another record finish. France’s CAC 40 added nearly 0.9% in early trading to 7,298.06. Germany’s DAX rose 0.7% to 20,041.15, while Britain’s FTSE 100 rose 0.6% to 8,360.63. U.S. shares were set to drift higher with Dow futures…
Marie Dageville and her husband Benoit Dageville became billionaires overnight when his data cloud company, Snowflake, went public in September 2020. After that life changing moment, Marie, a former hospice nurse, then set out to learn how to urgently give away that new fortune. “We need to redistribute what we have that is too much,”…
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