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AUGUST 9, 2025
Ukraine's President Volodymyr Zelenskyy looks on at a press conference during a meeting with Polish President Andrzej Duda in Kyiv, June, 28, 2025. Zelenskyy rejected territorial concessions to Russia as part of a peace deal in a video released Aug. 9. - Thomas Peter, REUTERS
Ukrainian President Volodymyr Zelenskyy rejected territorial concessions to Russia as part of a peace deal, speaking...
AUGUST 9, 2025
Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb. 25, 2022. - Florence Lo, Reuters
President Donald Trump plans to impose a 100% tariff on imported computer chips, a move experts warn could compel companies to pull back on production or hike prices.
Details remain murky, and the inflationary pressures likely won't be as...
AUGUST 9, 2025
FILE PHOTO: U.S. President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025. REUTERS/File Photo
President Donald Trump’s tariff policy has been described by the president as a tool to address the United States’ trade deficits...
AUGUST 8, 2025
Intel CEO Lip-Bu Tan
Intel CEO Lip-Bu Tan says he's “always operated within the highest legal and ethical standards” after President Donald Trump said he should resign.
On Thursday Trump said on Truth Social platform that, “The CEO of Intel is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention...
AUGUST 8, 2025
Gold’s rally is also driven by concerns over the global economic outlook. - DENIS BALIBOUSE/REUTERS
Gold climbed to a fresh record high on Friday after a U.S. government agency clarified that import tariffs would apply to one-kilo gold bars, sparking turmoil in the global bullion market.
In afternoon trade in Europe, futures rose 1% to $3,488.90 a troy ounce after...
Business
Former Google executive predicts AI‑driven collapse of middle class by 2027: ‘Hell before we get to heaven’
AUGUST 6, 2025
A cautionary message emerged from ex‑Google executive Mo Gawdat, who warned on the Diary of a CEO podcast that artificial intelligence (AI) would soon devastate middle‑class livelihoods. He forecast that AI-powered automation would eliminate professions across the board — from software engineers and chief executives to podcasters — with the upheaval beginning as early as 2027, a...
AUGUST 6, 2025
President Donald Trump said Wednesday that he would place a 100 percent tariff on all computer chips imported to the United States, but exempt companies that commit to “building” on U.S. soil.
The proposal puts economic pressure on U.S. firms, particularly in the tech industry, which generally depend on Asia for the crucial components, setting the stage for...
AUGUST 6, 2025
Donald Trump's second-term foreign policy has triggered a geopolitical earthquake that may be reshaping the global order in ways Washington never intended. His aggressive trade tactics, including a 25% tariff on Indian goods and threats of 100% tariffs on China, are inadvertently pushing three historical rivals closer together in what could mark the beginning of a new...
AUGUST 6, 2025
United Airlines Flights Grounded. - Photo Credit/Gene J. Puskar
United Airlines flights on major routes were grounded Wednesday because of a technology issue, and additional flight delays were expected into the evening, the airline said.
An alert on the Federal Aviation Administration website said all United flights destined for Chicago were halted at their departing airports. The agency said Denver, Newark,...
AUGUST 6, 2025
Vladimir Putin was given until Friday to agree to a ceasefire or face tariffs on Russia’s main trading partners - Shutterstock
Donald Trump declared Russia an “extraordinary threat” to the United States on Wednesday as he rolled out his first sanctions over Vladimir Putin’s refusal to stop the war in Ukraine.
The US president said that he would hit...