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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...
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...
AUGUST 6, 2025
FILE PHOTO - A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave/File Photo
WASHINGTON, D.C. - U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil,...
AUGUST 5, 2025
Big banks said they agree with President Donald Trump that financial regulations need an overhaul, even as their stock prices dropped Tuesday after the president confirmed plans to issue an executive order to punish those that he said discriminate against conservatives.
Trump singled out JPMorgan Chase & Co. and Bank of America Corp. when asked about a Wall Street...
AUGUST 5, 2025
Ghislaine Maxwell has been transferred from a federal prison in Florida to Federal Prison Camp Bryan in South Texas. (Brandon Bell / Getty Images)
Not long after it was first reported that Ghislaine Maxwell was moved to one of the cushiest federal detention facilities in the country, a private Facebook group dedicated to current and former federal prison staffers erupted...
