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Financial Markets

Section
US optimism rises after tariff pause, survey shows
US consumer confidence rebounds in May, but tariff fears linger

WASHINGTON, D.C.: After months of steady decline, U.S. consumer confidence saw a significant rebound in May—buoyed in part by a temporary...

U.S. stocks end day, week, month with mixed performances
Wall Street closes out week with lackluster performance

NEW YORK, New York - Uncertainty over trade tariffs kept invetsors and tradersv at bay on Friday with the major indices finishing mixed....

Skechers deal sparks wave of take-private talks amid trade turmoil
Retailers hit by Trump's tariffs eye private deals for stability

NEW YORK CITY, New York: As trade policy uncertainty rattles markets and slashes valuations, a growing number of U.S. retailers are...

Volvo cuts 3,000 jobs amid trade tensions and economic uncertainty
Swedish-based Volvo Cars cutting 3,000 jobs to reduce costs

FRANKFURT, Germany: Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade...

Amid losses, Nissan bets on e-Power hybrid to revive US sales
Japan's troubled automaker Nissan banks on hybrid EV technology

YOKOSUKA, Japan: Facing mounting losses and global restructuring, Japan's Nissan Motor Corp. is turning to its unique e-Power hybrid...

Wall Street ends volatile day higher
U.S. stocks finish in front Thursday despite volatility

NEW YORK, New York -  U.S. stock markets see-sawed Thursday as the judicial system became a key player in Donald Trump's trade wars....

Technology

Section
Nvidia targets China’s data market with new AI chip
Nvidia plans cheaper AI chip for China amid US curbs

BEIJING/TAIPEI: Facing mounting U.S. export restrictions, Nvidia is preparing to launch a new, lower-cost artificial intelligence chip...

Mother sues Google, Character.AI after son’s death
US Judge allows lawsuit over AI chatbot in teen's suicide

WASHINGTON, D.C.: A Florida mother, Megan Garcia, is suing Google and AI startup Character.AI, claiming their chatbot played a role...

NYT claims Musk is addicted to drugs
NYT claims Musk is addicted to drugs

US President Donald Trump's adviser has reportedly been consuming copious amounts of ketamine and other substances ...

The New York Times claims Elon Musk is addicted to drugs
The New York Times claims Elon Musk is addicted to drugs

US President Donald Trumps adviser has reportedly been consuming copious amounts of ketamine and other substances Tech billionaire...

High-fat diet sets off metabolic dysfunction in cells, leads to weight gain: Study
High-fat diet sets off metabolic dysfunction in cells, leads to weight gain: Study

Washington DC [US], May 30 (ANI): Researchers find high-fat diets set off metabolic dysfunction in cells, leading to weight gain, but...

Experts speculate Samsung's spinoff of foundry business will boost trust and competitiveness, Samsung says it's too early
Experts speculate Samsung's spinoff of foundry business will boost trust and competitiveness, Samsung says it's too early

New Delhi [India], May 30 (ANI): Samsung Electronics is likely to spin off its foundry business from the broader semiconductor division,...