A key US-Africa trade program will be extended for two years when President Donald Trump signs the short-term government funding bill passed by the House on Tuesday. The bill, easily passed in a 370-48 vote, extends the African Growth and Opportunity Act for two more years without modifying it. The ...
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Paid actors, AI writing: How a new kind of video business cashed in on America’s divided politicsPaid actors, AI writing: How a new kind of video business cashed in on America’s divided politics
The Scoop “William,” a middle-aged man in a blue short-sleeved button-down shirt whose YouTube videos have more than 14 million views, looked straight into the camera at his kitchen table in August and read a script about New York City’s mayor. His video, quickly racked up more than 474,000 views. ...
Americans see sprawling government corruption, poll findsAmericans see sprawling government corruption, poll finds
The count of Americans who believe that corruption is widespread in government is at its highest point in the last 20 years. Almost nine in 10 Americans say that government corruption is widespread, according to new Gallup polling, an increase of 10 percentage points in the last year. The shift ...
Gulf’s biggest port Jebel Ali waits for the war to endGulf’s biggest port Jebel Ali waits for the war to end
The Scene Jebel Ali is one of the largest container ports in the world. Driving through the port and free zone last week, I saw a single crane in operation: A jarring scene for those used to the symphony of ships, trucks, and people moving stuff, some bound for the ...
Markey leads incumbent sweep in MassachusettsMarkey leads incumbent sweep in Massachusetts
The News Sen. Ed Markey, D-Mass., decisively won his primary on Tuesday, defeating Rep. Seth Moulton on a bad night for insurgent Democratic candidates. Markey, who turned 80 this summer, defeated Moulton across the state, losing to the 47-year-old only in parts of Moulton’s northeast congressional district. “Challenging the establishment ...
Beijing warns automakers against overseas price warsBeijing warns automakers against overseas price wars
China’s regulators warned the country’s automakers on Tuesday not to launch aggressive pricing strategies in overseas markets, as the sector’s blistering global expansion raises fears of so-called involution. Calling for “rational and orderly” expansion, Beijing hopes to avoid the price war dynamics that have eroded profits among its domestic e-commerce ...
US launches new strikes on IranUS launches new strikes on Iran
The US launched retaliatory strikes on Iran Tuesday after Tehran targeted American forces in Jordan and the UAE, interrupting a weekslong lull in the six-month conflict and sending oil prices to $95 a barrel. Two supertankers carrying Saudi oil were struck on Monday, undermining the White House’s claims that the ...
Asian currencies boosted by AI exports: Goldman SachsAsian currencies boosted by AI exports: Goldman Sachs
The US’ insatiable appetite for AI is lifting currencies halfway around the world. Currencies from South Korea, Taiwan, and Malaysia — which all export chips or other components used in the AI buildout — have outperformed those in countries less exposed to Silicon Valley’s spending, according to new Goldman Sachs ...
Ukraine’s drone expertise is in demandUkraine’s drone expertise is in demand
Ukraine is intensifying its aerial assault against Russia with drones that fly for longer and carry a larger payload, boosting Kyiv’s profile as allied nations race to distill its battle-tested insights. Ukraine is “churning out cutting-edge military technology” at a speed with “few parallels in modern history,” The Wall Street ...
John Ternus confronts Apple’s AI eraJohn Ternus confronts Apple’s AI era
Steve Jobs and Tim Cook solved Apple’s biggest problems of their respective eras — building new products people loved and then manufacturing them at global, margin-fattening scale. John Ternus, who takes over as CEO today, will now have to confront Apple’s AI era. Among his first tasks: Defending the powerful ...