President Xi Jinping’s call for a global AI governance body at APEC represents China’s boldest move yet to shape international technology standards. This initiative directly challenges US dominance in artificial intelligence regulation and development.
US Treasury Secretary Scott Bessent claims China “made a real mistake” by weaponizing rare earth exports, accelerating American efforts to secure alternative supplies. The confrontation prompted a diplomatic crisis that nearly derailed the Trump-Xi summit before last-minute negotiations salvaged the
Populist economic policies create an illusion of success while systematically undermining long-term growth. New research shows left-wing populism reduces GDP by 15% and right-wing by 10% over 15 years. Argentina’s century-long crisis reveals why these policies become traps nations struggle to escape
The US and Japan have signed a strategic framework to secure critical mineral supplies, aiming to reduce dependence on China. But can this partnership overcome the coordination challenges that have plagued previous efforts? The six-month timeline reveals urgent geopolitical pressures.
The Trump-Xi summit offered modest trade concessions but failed to resolve the critical AI chip export standoff. Nvidia remains caught between superpower ambitions as the tech cold war deepens.
Democratic Senators Elizabeth Warren and Bernie Sanders are sounding alarms about President Trump’s move to expand private equity and cryptocurrency access in retirement accounts. They argue these volatile assets could jeopardize Americans’ retirement security through inadequate oversight and excess
Toyota executives have clarified that no specific $10 billion U.S. investment promise was made, despite President Trump’s recent claim. The confusion appears to stem from past investments during Trump’s first administration.
Nvidia has made history as the world’s first $5 trillion company, with CEO Jensen Huang revealing the chipmaker has secured over $500 billion in orders through 2026. The milestone comes amid unprecedented demand for AI chips and potential breakthroughs in China market access.
Trump’s Truth Social is entering the prediction market arena with Truth Predict, a crypto-based gambling service. The move comes as regulatory winds shift under the Trump administration, potentially reshaping the entire prediction market landscape.
A groundbreaking study from Yale economists shows Elon Musk’s political activism has severely damaged Tesla’s bottom line. The research estimates up to 1.26 million lost US vehicle sales as consumers rejected Musk’s polarizing behavior.
