US President Donald Trump scored a temporary reprieve in his ongoing trade war efforts after a federal appeals court stayed a lower court’s decision that struck down most of his global tariffs. The Thursday (May 29) decision allows the administration’s controversial import duties to remain in place for now. The…
Statistics Canada reported on Friday (May 30) that real gross domestic product (GDP) gained 0.5 percent during the first quarter of 2025. Even on a per capita basis, real GDP posted a strong 0.4 percent increase. The agency primarily attributed the rise to a 1.6 percent increase in exports during…
NVIDIA (NASDAQ:NVDA) shares rose over 5 percent to hit US$142.50 on Thursday (May 29), extending a powerful rally that reflects Wall Street’s optimism in the chipmaker’s long-term trajectory The company’s positive performance came despite a bruising blow from US export restrictions to China. The semiconductor giant, seen by many industry…
Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is spread across Seattle, San Francisco and Sunnyvale, California, and is focused on both hardware and software projects, according to job…
While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system. Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors. The “One Big Beautiful Bill Act,”…
The homicide trial of Diego Maradona’s medical team for alleged malpractice was declared invalid by an Argentine court on Thursday. The decision comes after one of the three judges overseeing the case was removed due to a possible lack of impartiality and for allegedly authorizing the filming of a documentary…
Israel has accepted the new proposal for a ceasefire with Hamas from US envoy Steve Witkoff, according to an Israeli official. Meanwhile, Hamas on Thursday said it “was reviewing the new Witkoff proposal” and was “responsibly studying it in a way that serves the interests of our people, provides relief,…
Catalina, a 23-year-old US citizen, confidently drives to her job as a nanny and earns a fair wage. Yet her mother – an undocumented immigrant from Peru – has worked in the shadows for 30 years. The Obama administration focused on curbing interior deportations (as opposed to deportations at the…
China will not send its defense minister to this year’s Shangri-La Dialogue, shunning a chance for a high-level meeting with US and Asian counterparts as tensions simmer with Washington. China announced Thursday it will instead be represented by a delegation from the People’s Liberation Army National Defense University, marking the…
A burgeoning new sporting trend inspired by the biggest and hardest full contact hits in American football and rugby has proved deadly, and there’s now calls for it to be banned. Branded by an organized league as “the world’s fiercest, new collision sport,” Run It Straight games see two people…