Tariffs Caused Most Hardship to US Small Businesses
With nearly half of small businesses sourcing from overseas, over 40% were challenged by Trump tariffs.
Business
Asia Markets Sink on Energy Shock Fears
KOSPI plunged 11% and the Nikkei fell 4.3% on fears the Middle East war will choke off oil supplies.
S&P Survey Suggests China Factory Activity Highest in 5 Years
The RatingDog China PMI directly contradicts China's official survey which shows factory activity declined in February for the 2nd straight month.
Among Luxury Brands Cartier, Zegna Most Exposed to Mideast Risk
The Middle East makes up only about 5 - 6% of the global market for luxury goods, with most of that coming from visiting tourists.
'Whatever It Takes' Vow from US Talker-in-Chief Deepens Stock Market Selloff
The prospect of an indefinite open-ended Middle East conflict is causing stocks to decline and oil to rise.
Vietnam Poised to Join Emerging Markets on Solid Growth Led by Vingroup
Tariff fears, domestic over-regulation and over-reliance on Vingroup makes the Vietnam stock market susceptible to mass exodus by foreign investors.
Japan to Test Blockchain for Settling Deposits to Central Bank
In an experimental "sandbox project" the Bank of Japan will use blockchain to settle funds parked with the central bank by financial institutions.
China 5-Year-Plan to Sacrifice Growth to Push Consumption
China is expected to lower growth targets to the 4.5% range while seeking to encourage more consumption and investment in hi-tech sectors.
Restaurants Rare Bright Spot as US Job Grew Slowest in 20 Years
Last year restaurant jobs increased about 1% or 108,000 despite the weakest overall job growth in 20 years.
Tesla Europe Sales Slide Shows Signs of Reversing
The release of cheaper EV models at the end of 2025 appears to be strengthening Tesla's competitive position against an influx of Chinese, Korean and ...
China AI Startup MiniMax Charts Global Expansion on Strong Domestic Growth
By riding the popularity of low-cost open-source models pioneered by DeepSeek, MiniMax enjoyed 159% year-on-year jump in revenues.
Apple Looks to Expand Share of Low-End with $599 iPhone 17e
By offering 256 gigabytes of storage at no additional cost, Apple is looking to grab market share from low-end competitors struggling with a memory shortage.
Nvidia to Invest $4 Billion in Photonics Firms to Bolster AI CPU Push
Photonics firms Lumentum and Coherent will each receive $2 billion investment to tie them to Nvidia's diversification from GPUs into processor chips to speed up ...
Oil Prices Jump 10% on Iran Strike, May Soar to $100 a Barrel
Closing of the Strait of Hormuz has caused a severe and indefinite disruption to oil shipments.
Nvidia to Launch Inference-Centered Chip for OpenAI, Other AI Firms
The new inference chip is one component of Nvidia's grand strategy to keep AI firms hooked on its chips and AI ecosystem.
SpaceX May Seek IPO Valuation Above $1.75 Trillion
Elon Musks's rocket launch and satellite communications company generated $8 billion profits on $16 billion revenues in 2025.
Trump Media Mulls Spinning Off Truth Social As Public Company
The move would split off the social media and digital media assets from the fusion energy venture to create two publicly traded companies.
OpenAI Valued at $840 Billion with $110 Billion in Current Funding Round
Amazon, Softbank and Nvidia are the major anchor investors in a round still in progress as OpenAI reaches 50 million paying consumer subscriptions in addition ...
Netflix Leaves Warner Deal to Paramount
By walking away from the bidding war Netflix will receive a $2.8 billion breakup fee to be covered by Paramount's latest bid which exceeds $100 ...
India's 7.8% Q4 Growth Led Major Nations on Strong Consumption
A robust 8.7% growth in private consumption was boosted by a 13.3% surge in manufacturing in Q3 as more orders shift to India from China.
January Producer Price Rise Suggests More Inflation Brewing
Prices of equipment, apparel, footwear, chemicals and a broad range of other goods largely sourced from overseas rose more than expected as more tariff costs ...
S. Korea Exports Rise for 9th Straight Month on Chip Demand
A 134% surge in chip shipments led a 23.5% jump in exports during February.
Beijing Encourages Dollar-Buying to Slow Yuan's Rise
In three years China's central bank has gone from trying to protect the yuan from rapid decline to seeking to prevent it from rising against ...
Meta to Spend Billions to Rent Google AI Chips for Training New Model
The Google TPU chip deal comes in the wake of even larger Meta deals to buy Nvidia GPUs and a $60 billion deal to buy ...
Memory Shortage to Hurt Low-End Smartphones, Give Edge to Apple, Samsung
The global smartphone market will suffer the biggest decline in shipment in 2026 as skyrocketing prices put memory chips out of reach of low-end makers, ...
Google Unveils Nano Banana 2 Image Generating Tool
Google's success with Nano Banana has helped Gemini become competitive with OpenAI's ChatGPT by attracting millions of new users since September.
Tesla Not Logging Miles Needed to Secure California Permit to Test Its Robotaxis
Despite Elon Musk's heavy reliance on robotaxis to justify Tesla's $1.5 trillion valuation, the company has made no effort to log the 50,000 miles needed ...
Half of Biofuel Quota Waived for Small Refiners Shifted to Big Refiners to Support Farmers
The Trump administration was forced to accommodate its contempt for environmental protection with its reluctance to further alienate a farm base already disgruntled by loss ...
Weekly Jobless Claims Rise Slightly As Job-Creation Weakens in February
Jobs are seen as hard to get by the highest proportion of jobseekers in 5 years but the unemployment rate remains unchanged.
More Workers to Be Classified As Independent Contractors Under Proposed USDL Rule
The "economically dependent" criterion for deeming workers employees would be replaced by the degree of control standard favored by businesses.
Yttrium Prices Jump 69-Fold As US Aerospace, Semiconductor Firms Suffer Shortage
China's deliberate slowdown in processing rare-earth licenses is causing strain for US aerospace firms and chipmakers ahead of Trump's upcoming Bejing summit with Xi.
Nvidia Q1 Forecast Beats Expectations, Calms AI Jitters
The leading AI chipmaker projects fiscal first-quarter sales of $78 billion, above the average estimate of $72.60 billion, to the relief of a market that ...
Samsung Releases Galaxy X26 with Gemini, Perplexity AI Features
The higher price on Samsung's latest smartphone reflects insatiable global demand for memory chips.
Global Companies Cutting Jobs to Invest in AI
This is a list of some global companies who have announced AI-related job cuts since October.
Xiaomi Challenges India Ruling Seeking Value of Royalty Payments in Tariffs
Xioami has appealed to India's Supreme Court a tax tribunal ruling that it owed tariffs on the value of royalties paid on the IP that ...
ByteDance's Doubao Won China's Holiday AI Chatbot Battle with 100 Million DAU
China's top tech firms ByteDance, Alibaba and Tencent spent billions of yuan during the Lunar New Year holidays in a race to secure new users ...
Google Disrupts Chinese Group That Hacked At Least 53 Entities
Google disabled internet infrastructure set up by a group tracked as UNC2814 and Gallium which had installed backdoors on entity servers to access personal information ...
Merz Seeks Deeper Ties with Beijing Visit As Europe Sours on US
Lured by pledges of increased Chinese goods purchases and investments in Germany, Merz seeks to be first in line to receives the benefits of China's ...
Lowe's Forecast Downbeat on Glacial Housing Market, Deferred Remodels
The DIY home-improvement retailer issued 2026 forecasts in a range between flat and 2%, below the 2% projected by analysts.
ByteDance Valued at $550 Billion As Major Private Equity Investor Eyes Exit
General Atlantic bought a bit chunk of shares in China's leading social-media company and onetime TikTok parent when it was valued at $20 billion.
Tech Giants Required to Build AI Data Centers with Power Plants
To protect consumers from rising utility bills tech giants have been told to build their own power plants, said Trump in his State of the ...
Confusion Reigns As US Begins Collecting 10% Temporary Tariffs, Eyeing Rise to 15%
Trump's reflexive, quickly superseded social media threat on hearing the Supreme Court ruling appears to have caused confusion as to what US customs should collect.
L'Oreal, Dyson, Bausch Among Over 1,400 Suits for Tariff Refunds
Suits for tariff refunds have already surpassed 1,400 on the 2nd workday after the Supreme Court struck down Trump's Liberation Day tariffs.
Trump's 15% Temporary Tariff Unsupported by Balance of Payments Emergency
Clutching at straws triggered by the Supreme Court's nixing of his Liberation Day tariffs, Trump now clings to an alternative tariff law that his own ...
Europe Gas Car Sales Plunged While BYD EVs Jumped 165% in January
Pushing back emission standards had no impact on sales of gasoline-engine cars which now account for only one-fifth of the European market.
Anthropic Expands Software Disruption with 10 New Agentic AI Tools
Tools that link common business processes to Claude for automated tasking gives Anthropic the lead in agentic AI.
AMD Scores 2nd Tech Giant for Its AI Chips with $60 Billion Meta Deal
AMD's success in locking two AI players into major chip deals signals the beginning of the end for Nvidia's near-monopoly.
Apple to Move Some Mac Mini Production to Foxconn's Houston Plant
The shift is pursuant to a commitment made last August to invest $600 billion in the US over the next four years.
DeepSeek Used Nvidia's Blackwell Chips to Train AI Models Says US Official
If true, the allegation by a senior Trump administration official would indicate a clear violation of US export restrictions imposed on Chinese firms.
FedEx Leads Anticipated Flood of Tariff-Refund Suits
Importers, distributors and suppliers are the most numerous among tens of thousands of firms expected to seek tariff refunds.
Tariffs Caused Most Hardship to US Small Businesses
With nearly half of small businesses sourcing from overseas, over 40% were challenged by Trump tariffs.
Asia Markets Sink on Energy Shock Fears
KOSPI plunged 11% and the Nikkei fell 4.3% on fears the Middle East war will choke off oil supplies.
S&P Survey Suggests China Factory Activity Highest in 5 Years
The RatingDog China PMI directly contradicts China's official survey which shows factory activity declined in February for the 2nd straight month.
Among Luxury Brands Cartier, Zegna Most Exposed to Mideast Risk
The Middle East makes up only about 5 - 6% of the global market for luxury goods, with most of that coming from visiting tourists.
'Whatever It Takes' Vow from US Talker-in-Chief Deepens Stock Market Selloff
The prospect of an indefinite open-ended Middle East conflict is causing stocks to decline and oil to rise.
Vietnam Poised to Join Emerging Markets on Solid Growth Led by Vingroup
Tariff fears, domestic over-regulation and over-reliance on Vingroup makes the Vietnam stock market susceptible to mass exodus by foreign investors.
Japan to Test Blockchain for Settling Deposits to Central Bank
In an experimental "sandbox project" the Bank of Japan will use blockchain to settle funds parked with the central bank by financial institutions.
China 5-Year-Plan to Sacrifice Growth to Push Consumption
China is expected to lower growth targets to the 4.5% range while seeking to encourage more consumption and investment in hi-tech sectors.
Restaurants Rare Bright Spot as US Job Grew Slowest in 20 Years
Last year restaurant jobs increased about 1% or 108,000 despite the weakest overall job growth in 20 years.
Tesla Europe Sales Slide Shows Signs of Reversing
The release of cheaper EV models at the end of 2025 appears to be strengthening Tesla's competitive position against an influx of Chinese, Korean and ...
China AI Startup MiniMax Charts Global Expansion on Strong Domestic Growth
By riding the popularity of low-cost open-source models pioneered by DeepSeek, MiniMax enjoyed 159% year-on-year jump in revenues.
Apple Looks to Expand Share of Low-End with $599 iPhone 17e
By offering 256 gigabytes of storage at no additional cost, Apple is looking to grab market share from low-end competitors struggling with a memory shortage.
Nvidia to Invest $4 Billion in Photonics Firms to Bolster AI CPU Push
Photonics firms Lumentum and Coherent will each receive $2 billion investment to tie them to Nvidia's diversification from GPUs into processor chips to speed up ...
Oil Prices Jump 10% on Iran Strike, May Soar to $100 a Barrel
Closing of the Strait of Hormuz has caused a severe and indefinite disruption to oil shipments.
Nvidia to Launch Inference-Centered Chip for OpenAI, Other AI Firms
The new inference chip is one component of Nvidia's grand strategy to keep AI firms hooked on its chips and AI ecosystem.
SpaceX May Seek IPO Valuation Above $1.75 Trillion
Elon Musks's rocket launch and satellite communications company generated $8 billion profits on $16 billion revenues in 2025.
Trump Media Mulls Spinning Off Truth Social As Public Company
The move would split off the social media and digital media assets from the fusion energy venture to create two publicly traded companies.
OpenAI Valued at $840 Billion with $110 Billion in Current Funding Round
Amazon, Softbank and Nvidia are the major anchor investors in a round still in progress as OpenAI reaches 50 million paying consumer subscriptions in addition ...
Netflix Leaves Warner Deal to Paramount
By walking away from the bidding war Netflix will receive a $2.8 billion breakup fee to be covered by Paramount's latest bid which exceeds $100 ...
India's 7.8% Q4 Growth Led Major Nations on Strong Consumption
A robust 8.7% growth in private consumption was boosted by a 13.3% surge in manufacturing in Q3 as more orders shift to India from China.
January Producer Price Rise Suggests More Inflation Brewing
Prices of equipment, apparel, footwear, chemicals and a broad range of other goods largely sourced from overseas rose more than expected as more tariff costs ...
S. Korea Exports Rise for 9th Straight Month on Chip Demand
A 134% surge in chip shipments led a 23.5% jump in exports during February.
Beijing Encourages Dollar-Buying to Slow Yuan's Rise
In three years China's central bank has gone from trying to protect the yuan from rapid decline to seeking to prevent it from rising against ...
Meta to Spend Billions to Rent Google AI Chips for Training New Model
The Google TPU chip deal comes in the wake of even larger Meta deals to buy Nvidia GPUs and a $60 billion deal to buy ...
Memory Shortage to Hurt Low-End Smartphones, Give Edge to Apple, Samsung
The global smartphone market will suffer the biggest decline in shipment in 2026 as skyrocketing prices put memory chips out of reach of low-end makers, ...
Google Unveils Nano Banana 2 Image Generating Tool
Google's success with Nano Banana has helped Gemini become competitive with OpenAI's ChatGPT by attracting millions of new users since September.
Tesla Not Logging Miles Needed to Secure California Permit to Test Its Robotaxis
Despite Elon Musk's heavy reliance on robotaxis to justify Tesla's $1.5 trillion valuation, the company has made no effort to log the 50,000 miles needed ...
Half of Biofuel Quota Waived for Small Refiners Shifted to Big Refiners to Support Farmers
The Trump administration was forced to accommodate its contempt for environmental protection with its reluctance to further alienate a farm base already disgruntled by loss ...
Weekly Jobless Claims Rise Slightly As Job-Creation Weakens in February
Jobs are seen as hard to get by the highest proportion of jobseekers in 5 years but the unemployment rate remains unchanged.
More Workers to Be Classified As Independent Contractors Under Proposed USDL Rule
The "economically dependent" criterion for deeming workers employees would be replaced by the degree of control standard favored by businesses.
Yttrium Prices Jump 69-Fold As US Aerospace, Semiconductor Firms Suffer Shortage
China's deliberate slowdown in processing rare-earth licenses is causing strain for US aerospace firms and chipmakers ahead of Trump's upcoming Bejing summit with Xi.
Nvidia Q1 Forecast Beats Expectations, Calms AI Jitters
The leading AI chipmaker projects fiscal first-quarter sales of $78 billion, above the average estimate of $72.60 billion, to the relief of a market that ...
Samsung Releases Galaxy X26 with Gemini, Perplexity AI Features
The higher price on Samsung's latest smartphone reflects insatiable global demand for memory chips.
Global Companies Cutting Jobs to Invest in AI
This is a list of some global companies who have announced AI-related job cuts since October.
Xiaomi Challenges India Ruling Seeking Value of Royalty Payments in Tariffs
Xioami has appealed to India's Supreme Court a tax tribunal ruling that it owed tariffs on the value of royalties paid on the IP that ...
ByteDance's Doubao Won China's Holiday AI Chatbot Battle with 100 Million DAU
China's top tech firms ByteDance, Alibaba and Tencent spent billions of yuan during the Lunar New Year holidays in a race to secure new users ...
Google Disrupts Chinese Group That Hacked At Least 53 Entities
Google disabled internet infrastructure set up by a group tracked as UNC2814 and Gallium which had installed backdoors on entity servers to access personal information ...
Merz Seeks Deeper Ties with Beijing Visit As Europe Sours on US
Lured by pledges of increased Chinese goods purchases and investments in Germany, Merz seeks to be first in line to receives the benefits of China's ...
Lowe's Forecast Downbeat on Glacial Housing Market, Deferred Remodels
The DIY home-improvement retailer issued 2026 forecasts in a range between flat and 2%, below the 2% projected by analysts.
ByteDance Valued at $550 Billion As Major Private Equity Investor Eyes Exit
General Atlantic bought a bit chunk of shares in China's leading social-media company and onetime TikTok parent when it was valued at $20 billion.
Tech Giants Required to Build AI Data Centers with Power Plants
To protect consumers from rising utility bills tech giants have been told to build their own power plants, said Trump in his State of the ...
Confusion Reigns As US Begins Collecting 10% Temporary Tariffs, Eyeing Rise to 15%
Trump's reflexive, quickly superseded social media threat on hearing the Supreme Court ruling appears to have caused confusion as to what US customs should collect.
L'Oreal, Dyson, Bausch Among Over 1,400 Suits for Tariff Refunds
Suits for tariff refunds have already surpassed 1,400 on the 2nd workday after the Supreme Court struck down Trump's Liberation Day tariffs.
Trump's 15% Temporary Tariff Unsupported by Balance of Payments Emergency
Clutching at straws triggered by the Supreme Court's nixing of his Liberation Day tariffs, Trump now clings to an alternative tariff law that his own ...
Europe Gas Car Sales Plunged While BYD EVs Jumped 165% in January
Pushing back emission standards had no impact on sales of gasoline-engine cars which now account for only one-fifth of the European market.
Anthropic Expands Software Disruption with 10 New Agentic AI Tools
Tools that link common business processes to Claude for automated tasking gives Anthropic the lead in agentic AI.
AMD Scores 2nd Tech Giant for Its AI Chips with $60 Billion Meta Deal
AMD's success in locking two AI players into major chip deals signals the beginning of the end for Nvidia's near-monopoly.
Apple to Move Some Mac Mini Production to Foxconn's Houston Plant
The shift is pursuant to a commitment made last August to invest $600 billion in the US over the next four years.
DeepSeek Used Nvidia's Blackwell Chips to Train AI Models Says US Official
If true, the allegation by a senior Trump administration official would indicate a clear violation of US export restrictions imposed on Chinese firms.
FedEx Leads Anticipated Flood of Tariff-Refund Suits
Importers, distributors and suppliers are the most numerous among tens of thousands of firms expected to seek tariff refunds.
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