After overtaking their U.S. competitors in sales for the first time, Chinese carmakers are one step closer to fulfilling Tesla CEO Elon Musk’s prophecy that one day they would “demolish” most other car companies. Chinese carmakers sold 13.43 million cars last year, outpacing the 11.93 million cars sold by American companies, according to a report […]
Reform UK has overtaken the Conservatives in a major opinion poll, as UK prime minister Rishi Sunak continues his absence from the UK General Election campaign trail to meet world leaders in Italy. A YouGov survey commissioned by the Times newspaper had Nigel Farage’s party at 19 per cent to the Conservatives 18 per cent […]
The United States has long had the world’s biggest defense budget, with spending this year set to approach $900 billion. Yet this spending is rapidly being eclipsed by the fastest-growing portion of federal outflows: interest payments on the national debt. For the first seven months of fiscal year 2024, which began last October, net interest […]
(Bloomberg) — Almost four decades after the Soviet Union collapsed, living standards in the countries that broke free from its orbit to join the European Union are set to leapfrog the bloc’s south. Most Read from Bloomberg Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power, according […]
“Some are very worried that AI can actually overtake human thinking and planning,” President Biden said at a commencement address on Thursday. From racial bias in medicine to more accessible Alzheimer’s drugs, here are the health stories you may have missed this week from Yahoo News partners. Biden warns AI could ‘overtake human thinking’ At […]
BEIJING (AP) — As auto giant Volkswagen AG races to catch up with upstart Chinese competitors, it has drivers like 26-year-old Ren Yiling in mind. She is young and wants to play video games in her car. The digital features of her Zeekr 001, a European-designed electric car from China’s Geely Holding Group, appeal to […]
Donald Trump just got a lot richer.Andrew Harrer/Getty Images Donald Trump’s net worth has jumped $4 billion this year to $7.2 billion, per Bloomberg’s rich list. The former president is richer than George Soros and set to surpass Mark Cuban and George Lucas. Trump will welcome the wealth gain as he prepares to hand over […]
Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing it to lose its position as the world’s third largest economy to Germany. Gross domestic product shrank at an annualized pace of 0.4% in the last three months of 2023, the Cabinet Office said on Thursday, after having […]
“Some are very worried that AI can actually overtake human thinking and planning,” President Biden said at a commencement address on Thursday. From racial bias in medicine to more accessible Alzheimer’s drugs, here are the health stories you may have missed this week from Yahoo News partners. Biden warns AI could ‘overtake human thinking’ At […]