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Financial Markets

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Trump getting richer as average Americans get poorer
Trump getting richer as average Americans get poorer

President Donald Trump has brazenly engaged in what appears to be insider trading. A bombshell story published in Bloomberg on May...

Rivals squeeze PayPal’s core online checkout business
Rivals squeeze PayPal’s core online checkout business

NEW YORK CITY, New York: PayPal, once the dominant name in online checkout, is facing mounting pressure from rivals as competition...

Jensen Huang says Nvidia still sees huge China demand
Jensen Huang says Nvidia still sees huge China demand

TAIPEI, Taiwan: Nvidia Chief Executive Officer Jensen Huang said on May 23 that China remains part of the company's projected US$200...

U.S. stocks end divided Tuesday in first trading day for week
U.S. stocks end divided Tuesday in first trading day for week

NEW YORK, New York - U.S. stocks returned from the long Memorial Day weekend with a split performance on Tuesday, as technology shares...

Warsh takes Fed helm as Trump faces economic pressure
Warsh takes Fed helm as Trump faces economic pressure

WASHINGTON, D.C.: President Donald Trump's decision to appoint Kevin Warsh as the new chair of the U.S. Federal Reserve has tied the...

China’s DeepSeek slashes V4-Pro AI pricing for good
China’s DeepSeek slashes V4-Pro AI pricing for good

BEIJING, China: Chinese artificial intelligence startup DeepSeek said on May 23 that it will permanently maintain a steep 75% reduction...

Technology

Section
American Airlines to roll out Starlink Wi-Fi from 2027
American Airlines to roll out Starlink Wi-Fi from 2027

FORT WORTH, Texas: American Airlines said on May 26 that it plans to equip more than 500 narrow-body aircraft with Starlink in-flight...

AI memory boom pushes Micron into $1 trillion club
AI memory boom pushes Micron into $1 trillion club

NEW YORK CITY, New York: Micron Technology briefly crossed the US$1 trillion market value mark for the first time on May 26 as booming...

Rivals squeeze PayPal’s core online checkout business
Rivals squeeze PayPal’s core online checkout business

NEW YORK CITY, New York: PayPal, once the dominant name in online checkout, is facing mounting pressure from rivals as competition...

Jensen Huang says Nvidia still sees huge China demand
Jensen Huang says Nvidia still sees huge China demand

TAIPEI, Taiwan: Nvidia Chief Executive Officer Jensen Huang said on May 23 that China remains part of the company's projected US$200...

Huawei targets 1.4-nm chips by 2031 amid U.S. curbs
Huawei targets 1.4-nm chips by 2031 amid U.S. curbs

SHANGHAI/BEIJING, China: Huawei Technologies said on May 25 that it plans to produce semiconductors with transistor density equivalent...

China’s DeepSeek slashes V4-Pro AI pricing for good
China’s DeepSeek slashes V4-Pro AI pricing for good

BEIJING, China: Chinese artificial intelligence startup DeepSeek said on May 23 that it will permanently maintain a steep 75% reduction...