China's surprise tax breaks offer short-term boost but won't be solution to economic woes: expert
China's flurry of moves to stimulate its economy have provided a small boost, but those policies are unlikely sustainable and will not result in long-term growth.
Biden administration restricting Nvidia’s sales of AI chips to some countries in Middle East
Nvidia said in a regulatory filing the U.S. government is imposing export controls to restrict some countries in the Middle East from buying advanced technology used in AI systems.
Secretary of Commerce Gina Raimondo says US businesses complaining China is becoming 'uninvestable'
Commerce Secretary Gina Raimondo said the Chinese government's actions against U.S. firms are making China "uninvestable" for American businesses due to the risk and uncertainty.
Biden admin seeks to boost tourism, trade with Raimondo's China visit
Commerce Secretary Gina Raimondo is on a four-day trip aimed at boosting trade ties between the U.S. and China amid economic and geopolitical disputes between the two countries.
North Korea running commercial flights to China, Russia for first time since COVID-19
North Korean airline Air Koryo has resumed commercial flights with China and Russia after years of pandemic-related restrictions.
Biden admin China policy is a 'genuine concern,' expert warns
President Biden's "light policy" against China is exacerbating Americans' worries that the communist adversary is "our greatest threat," says Jonathan D.T. Ward.
Stuart Varney issues warning over Russia: 'A superpower in abject disarray is a dangerous thing'
FOX Business' Stuart Varney argued Putin's Russia is a superpower in disarray as the Ukraine war heats up after the death of mercenary leader Yevgeny Prigozhin.
Nvidia continues AI-driven surge, announces $25B stock buyback
Artificial intelligence powerhouse Nvidia announced a blockbuster earnings report for the company's second quarter along with a $25 billion stock buyback as it rides the AI boom.
Huawei building secret chip network to dodge US sanctions: report
Chinese tech giant Huawei is reportedly receiving $30 billion in government funds to stand up chipmaking plants under different business names that could allow it to avoid U.S. export controls.
Nike shares on longest losing streak ever
Nike shares have fallen for 10 straight days as a series of retailers deliver bad news, adding to existing headwinds in both the U.S. as well as abroad for the sporting goods giant.
Nvidia: 5 things to watch
The stakes are high for chipmaker Nvidia when it reports quarterly results after the bell Wednesday. A lofty stock price, market cap and AI dominance leave little room for disappointment.
North Korea resumes limited commercial flights to China in major step to reopening borders
North Korea requires significant financial support following three years of strict border closures over COVID-19 fears, which the country claimed to have eradicated last year.
China's economy is sick and could infect the US
China's economic slowdown looks likely to worsen, a reality that could inflict some pain on U.S. companies highly reliant on their business with the country.
US Department of Commerce slaps tariffs on solar companies for dodging China duties
The Department of Commerce will impose new tariffs on several Chinese solar firms after an investigation found they were attempting to circumvent existing U.S. tariffs on goods from China.
Expert explains why Biden's Camp David summit is 'absolutely a win'
While China and North Korea pose "real risk" of military conflict, Jonathan D.T. Ward argues the U.S. must win the economic competition against the "deeply intertwined" states.
China’s Evergrande files for bankruptcy in New York court
Chinese real estate giant Evergrande on Thursday filed for Chapter 15 bankruptcy in a U.S. court, saying it was seeking recognition of restructuring talks in multiple countries.
New York City becomes latest to ban TikTok on government devices over Chinese security concerns
New York City agencies must remove TikTok within 30 days after Mayor Eric Adams' administration determined it poses "a security threat" to "technical networks."
Former US national security officials urge Congress to build on Biden's China investment curbs
A group of 21 former U.S. national security officials sent a letter to leaders in Congress urging lawmakers to build on President Biden's restrictions on investment in Chinese firms.
Intel drops multibillion-dollar deal to buy Israeli chipmaker Tower Semiconductor
Intel Corp. scrapped a $5.4 billion deal to acquire contract chipmaker Tower Semiconductor after the merger agreement expired without China giving regulatory approval.
Treasury Secretary Janet Yellen admits to eating 'hallucinogenic' mushrooms during China visit: 'Delicious'
Treasury Secretary Janet Yellen says she ate hallucinogenic mushrooms at a restaurant in China last month, adding that she didn't know what they were.



















