Latest in China hits back at 10% U.S. tariff with its own levies on U.S. products
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Levi beats earnings estimates but expects pressure this year from strong U.S. dollar
Levi expects its sales to slow in the current fiscal year because of the strong U.S. dollar and one fewer selling week.CNBC - 5d -
U.S. and China escalate economic tensions over AI and tariffs
Tensions rise as Chinese startup DeepSeek announces a breakthrough in AI technology, while President Trump considers new tariffs on Chinese imports. Anna Coren reports from Hong Kong.CBS News - 6d -
China's DeepSeek takes U.S. tech by surprise
China on Monday unveiled its DeepSeek artificial intelligence, shocking the U.S. tech sector and sending chip-maker Nvidia's stock tumbling. Anna Coren reports.CBS News - 6d -
'Mona Lisa' will get its own room under a 10-year renovation of the Louvre in Paris
French President Emmanuel Macron has announced that the “Mona Lisa” will get its own dedicated room inside the Louvre museum, which he said will be renovated and expanded in a major overhaul within ...ABC News - 6d -
Why U.S. investors see China's DeepSeek as a threat
Tech stocks plummeted Monday as investors raised concerns about advancements in Chinese artificial intelligence. Last week, the Chinese company DeepSeek released R1, an AI model similar to ChatGPT ...CBS News - Jan. 27 -
New giant pandas from China make U.S. debut
Two new giant pandas from China made their debut in Washington D.C.'s National Zoo on Friday. The bears arrived in the nation's capital in October, but spent several months acclimating before being ...CBS News - Jan. 25 -
How China’s new AI model DeepSeek is threatening U.S. dominance
An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with less-powerful chips than U.S. AI giants.CNBC - Jan. 24 -
U.S. Firms in China Fearing Trade Turmoil Hit a 5-Year High
An American Chamber of Commerce in China Survey shows growing worries about Sino-American relations and how their businesses could be affected.Inc. - Jan. 23 -
China says it hopes to 'properly manage differences' with the U.S. on trade
China is emphasizing its willingness to negotiate as increased tariffs on exports to the United States may soon become a reality.CNBC - Jan. 23 -
Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.NBC News - Jan. 23 -
Share of U.S. companies in China looking to relocate hits a record high, survey finds
A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.CNBC - Jan. 23 -
China stocks and renminbi hit by Trump’s 10% tariff threat
Benchmark Hong Kong share index down 1.8% after trade shot at BeijingFinancial Times - Jan. 22 -
Trump considers 10% tariff on China from February
The new president accused Beijing of sending fentanyl to Mexico and Canada which ends up in the US.BBC News - Jan. 22 -
Stefanik vows to keep the U.S. engaged at U.N. to counter China
Rep. Elise Stefanik (R-N.Y.) assured skeptical Senate Democrats during her confirmation hearing as President Trump's pick for U.N. ambassador that she is committed to engaging in the United ...The Hill - Jan. 21 -
Wind Power in U.S. Faces Hit From Trump’s Executive Order
In a sweeping order, President Trump halted federal approvals for new wind farms, in a move that could affect projects on land and in the ocean.The New York Times - Jan. 21 -
U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production
Oil prices are down as Trump moves to implement his trade and energy agenda.CNBC - Jan. 21 -
China Signals It Is Open to a Deal Keeping TikTok in U.S.
The founder of the app’s parent, Beijing-based ByteDance, met with Elon Musk last year.The Wall Street Journal - Jan. 20 -
Toast, the Low-Key Brand, Expands Its U.S. Presence
A low-key brand, founded by archaeologists in Wales, has quietly expanded in New York.The New York Times - Jan. 20 -
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Here are the top 10 U.S. stock analysts, according to TipRanks
TipRanks' analyst ranking service reveals the top 10 U.S. analysts whose ratings were the most successful between October 2023 to September 2024.CNBC - Jan. 19 -
When the U.S. Hit Canada With Steep Tariffs Before, Canada Had a Plan B
But economic, political and technological changes have left Canada with few ways to handle trade restrictions now.The New York Times - Jan. 18 -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.The New York Times - Jan. 17 -
U.S. Hits Sudan's Leader With Sanctions Over Brutal Civil War
The move comes after the Biden administration last week accused a Sudanese rebel group of committing genocide.The Wall Street Journal - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
U.S.-China Rivalry Could Boost Space Startup Funding
After commercial space startups pulled in $8.6 billion in 2024, more venture capital firms are likely to make investments in new companies as Sino-Amercian tensions go orbital.Inc. - Jan. 15 -
Why ‘Beating China’ in AI Brings Its Own Risks
The US is increasingly intent on winning the AI race with China. Experts say this ignores the benefits of collaboration—and the danger of unintended consequences.Wired - Jan. 15 -
U.S. tightens its grip on AI chip flows across the globe
The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its ...NBC News - Jan. 13 -
U.S. Targets China With New AI Curbs, Overriding Nvidia's Objections
The U.S. is imposing some of its strongest measures yet to limit Chinese advances in AI, aiming to block backdoors in other countries that Beijing could use to access technology.The Wall Street Journal - Jan. 13 -
The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.Inc. - Jan. 13 -
Powerful winter storm across Southern U.S. maintains its icy grip
Temperatures plunged in some areas turning melting snow into ice and turning roadways treacherous.CBS News - Jan. 11 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
Outgoing ambassador assesses state of U.S.-China relations
Ambassador Nicholas Burns spoke to NBC News’ Janis Mackey Frayer about China’s position in the world, and its precarious relationship with the U.S.NBC News - Jan. 10 -
R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’
R. Nicholas Burns, the top U.S. diplomat in Beijing, says the Biden administration is making a final push to urge China to reconsider its tilt toward Russia, Iran and North Korea.The New York Times - Jan. 10 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - Jan. 7 -
U.S. records its first human bird flu death
The U.S. has recorded its first human death from bird flu, in a patient hospitalized in Louisiana. The case was considered the country’s first severe human H5N1 infection.NBC News - Jan. 6