(Bloomberg) — One of Taiwan’s largest financial groups downplayed risks from the cross-strait relationship with China and said a surge in the local tech stocks driven by demand for artificial intelligence is sustainable. Most Read from Bloomberg Lee Chang-ken, president of Cathay Financial Holding Co., said in a June 26 interview in London that leadership […]
WASHINGTON — Former President Donald Trump downplayed his role in the Jan. 6 attack on the U.S. Capitol during the first presidential debate Thursday, saying some people “asked me to go make a speech,” minimizing his involvement in efforts to overturn the election and the summoning of thousands of his followers to Washington for what […]
WASHINGTON ― Republicans are rallying around Donald Trump in the wake of his unprecedented conviction in New York, claiming that the U.S. justice system is being “weaponized” for political purposes to specifically tear down the former president, who is running for another term in the Oval Office. “The prosecution of President Trump wasn’t about justice. […]
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again. Yet Powell, during a panel discussion in Amsterdam, said his confidence that inflation […]
The single Silicon Valley voter who called for the dramatic recount in California’s 16th Congressional District insisted he’s a concerned citizen seeking an honest outcome, after backlash over his ties to one of the candidates. San Jose resident and tech entrepreneur Jonathan Padilla called for the recount after the March primary set up an unprecedented […]
WASHINGTON (Reuters) – The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working. Huawei, which has been on a trade restriction list […]
WASHINGTON (Reuters) – The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working. Huawei, which has been on a trade restriction list […]
(Bloomberg) — Oil pared an earlier jump, after Iranian media appeared to downplay retaliatory strikes following last weekend’s unprecedented bombardment of Israel. Most Read from Bloomberg Brent crude traded about 2% higher after earlier soaring above $90 a barrel on concerns over the potential for a wider regional conflict that could endanger crude supplies. Israel […]
Senate candidate Kari Lake indistinctly linked illegal immigration to the climbing cost of housing in Arizona at a Tuesday morning campaign event that veered into higher-profile policy issues, including Lake’s shifting rhetoric on abortion. Lake, the Republican Senate primary front-runner, seemed to downplay Arizona’s recently upheld strict 1864 abortion ban by telling people “you can […]
Israeli PM Benjamin Netanyahu has downplayed the chances of a truce in Gaza after Hamas gave what it called a “comprehensive vision” to mediators. Mr Netanyahu’s office said Hamas was still “holding to unrealistic demands”. Hamas wants a permanent end to the war and full Israeli withdrawal from Gaza. On Thursday night Gaza’s Hamas-run health […]
House Minority Leader Hakeem Jeffries (D-N.Y.) said he was not concerned about polling numbers showing President Biden performing worse among Black voters than in 2020. In a CBS News poll this week, Biden led Trump among Black voters 76-23, while he carried about 90 percent of the group four years earlier. “The polling has been […]
WASHINGTON (AP) — The White House on Friday sought to downplay sharp criticism levied against Israel by President Joe Biden and a senior national security official over how Prime Minister Benjamin Netanyahu’s government has conducted Israel’s four-month-old war aimed at rooting out Hamas militants from Gaza. Biden, speaking to reporters Thursday evening, called Israel’s military […]