Trump administration to rescind and replace Biden-era global AI chip export curbs

Trump administration to rescind and replace Biden-era global AI chip export curbs

US PRESIDENT Donald Trump’s administration plans to rescind and modify a Biden-era rule that curbed the export of sophisticated artificial-intelligence chips, a spokeswoman for the Department of Commerce said on Wednesday. The regulation was aimed at further restricting AI chip and technology exports, dividing up the world to keep advanced computing power in the United…

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Google shares plunge after Apple executive’s court testimony

Google shares plunge after Apple executive’s court testimony

[WASHINGTON] Shares in Google parent Alphabet plunged more than eight per cent on Wednesday after Apple executive Eddy Cue testified in federal court that Google’s search traffic on Apple devices declined last month for the first time in over two decades. Cue, Apple’s senior vice-president of services, told the Washington antitrust trial that Google was…

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UBS cuts bond, loan sale outlook by US$235 billion on trade tumult

UBS cuts bond, loan sale outlook by US5 billion on trade tumult

Published Thu, May 8, 2025 · 06:08 AM [NEW YORK] UBS Group lowered its forecast for US corporate debt issuance this year, citing volatility tied to US President Donald Trump’s tariff rollout and a slower-than-expected pace of dealmaking. The bank’s research arm cut its estimate for blue-chip debt sales by US$100 billion to US$1.4 trillion,…

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Rogan mocks Canada for reelecting Liberal Party, says ‘dumba–‘ Conservative candidate refused to come on show

Rogan mocks Canada for reelecting Liberal Party, says ‘dumba–‘ Conservative candidate refused to come on show

Podcaster Joe Rogan on Tuesday marveled at how Canada reelected yet another liberal government after years of controversies. Canada’s Liberal Party won the country’s federal election for the fourth consecutive time on April 28. At one point, Pierre Poilievre appeared poised to become the next prime minister and lead his Conservatives to a majority government…

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US Fed holds back on rate cut, citing rising risk of higher inflation; economy is solid but faces tariff threat

US Fed holds back on rate cut, citing rising risk of higher inflation; economy is solid but faces tariff threat

[WASHINGTON] The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the US central bank grapples with the impact of Trump administration tariff policies. The economy overall has “continued to expand at a solid pace,” the Fed said in a policy statement,…

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Used Car Mileage Explained For Small Business

Used Car Mileage Explained For Small Business

When people start looking for a used car, the first number that grabs their attention is the mileage. But what does that number really mean? Does high mileage always spell trouble? Is low mileage a guarantee of a good deal? The truth is more layered. Let’s take the odometer apart and explore what kind of…

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