Before this week’s U.S.-Chinese summit, Beijing reached a milestone in its quest for technological self-sufficiency.
Category: United States
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Chinese A.I. Firms Push Beyond Nvidia as DeepSeek Turns to Huawei
The New York Times – Business: -
Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
The New York Times – Business:President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
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As Visa Policies Tighten, International Students Find Tougher Job Market
The New York Times – Business:Students say they have been passed over for jobs and interviews because of visa restrictions. Some have a Plan B: leaving the United States.
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China’s Exports and Imports Set Records in April Amid High Energy Costs
The New York Times – Business:The country’s exports surged and its trade surplus with the United States widened ahead of President Trump’s scheduled visit next week to Beijing.
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Lawsuit Accuses Lucky Strike of Building a Bowling Monopoly
The New York Times – Business:The suit, filed by bowlers from several states, accuses Lucky Strike Entertainment of driving up prices and diminishing customers’ experiences across the country.
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Trump’s Latest Tariff Setback Looms Over China Talks
The New York Times – Business:For the president, a major legal defeat could undercut his leverage as he prepares to head to Beijing next week for high-stakes trade negotiations.
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Trade Court Rules Trump’s 10% Global Tariff Is Illegal
The New York Times – Business:A panel of federal judges blocked President Trump from imposing the tariff on most imports.
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Tell Us How High Gas Prices Have Affected Your Finances
The New York Times – Business:With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
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U.S. Trade Deficit Grew in March
The New York Times – Business:Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
The New York Times – Business:Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
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Thermos Recalls 8.2 Million Jars and Bottles After Customers Are Injured
The New York Times – Business:The company received reports that the stoppers on some of its products had “forcefully ejected,” striking customers and causing permanent vision loss in a few cases, safety regulators said.