A laborer loads consumer goods onto a supply cart at a wholesale market in Kolkata, India, on November 11, 2024. Nurphoto | Nurphoto | Getty Images India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The headline inflation rate extended its slide after dropping to a more…
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Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S….
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Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk on Monday said he does not support a merger between xAI and Tesla, as questions swirl over the future relationship of the electric automaker and artificial intelligence company. X account @BullStreetBets_ posted an open question to Tesla investors on the…
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U.S. President Donald Trump’s threat to impose a 30% tariff on European Union goods has investment banks warning that the move could trigger a “prolonged and deeper economic slowdown” across the continent and potentially force the European Central Bank to cut rates. Trump revealed the new rates in letters to European Commission President Ursula von…
An AI sign at the MWC Shanghai tech show on June 19, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — The latest Chinese generative artificial intelligence model to take on OpenAI’s ChatGPT is offering coding capabilities — at a lower price. Alibaba-backed startup Moonshot released on late Friday night its Kimi K2 model: a…
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U.S. President Donald Trump points out a newly installed flagpole while departing the White House on July 11, 2025 in Washington, D.C. Win McNamee | Getty Images No one likes working over the weekend. Unless you are the leader of the free world firing off social media posts — that is, after all, what counts…
