Tags: United States

Nvidia to Launch a New Slower Gaming Chip in China to Comply With US Export Controls

Nvidia to Launch a New Slower Gaming Chip in China to Comply With US Export Controls

US semiconductor giant Nvidia plans to introduce a slower version of its gaming processor in China to comply with US export restrictions.


Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv

Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.

US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve

The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Department of Energy disclosed.

Joe Biden Celebrates 'Significant Milestone' in the Battle to Bring Down Inflation

The United States hits a "significant milestone" in the fight to bring down inflation, and President Joe Biden acknowledged this positive development in a statement.


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US-CHINA-DIPLOMACY-APEC-SUMMIT
A newly declassified US intelligence report revealed that China escalated its interference efforts in the 2022 US midterm elections because Beijing believed that President Joe Biden's administration would not retaliate.
Goldman Sachs Says 'The Great Disinflation' Is Under Way, Setting the Stage for 5 Eventual Fed Rate Cuts
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion
Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion. Japan's Nippon Steel has secured a deal to buy US Steel for $14. 9 billion.
IMF Approves $900 Million for Ukraine as Volodymyr Zelenskyy Makes Plea for US Aid Ahead of Joe Biden Meeting
The International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine. Amid the economic challenges intensified by its conflict with Russia, the International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine as part of an ongoing long-term loan.
US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November
The US workforce added 199,000 jobs in November, and the unemployment rate fell to 3.7% as the world's largest economy continues to struggle with higher interest rates.
Vladimir Putin: Russia Becoming 'New Global Growth Center' Despite Western Isolation
Russian President Vladimir Putin has asserted that the economic isolation Russia faces due to international sanctions is even helping the country to transform into a "growth center" in a "new global economy."
US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
Federal Reserve Poised to Cut Interest Rates 6 Times in 2024 as US Economy Slows Down: ING
Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.
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