world
U.S. pushes additional tariffs on Chinese chips to June 2027
As part of an investigation that kicked off a year ago, the agency found that China is engaging in unfair trade practices in the industry. Source link
Here's how AI could influence the Fed's economic outlook
Artificial intelligence could produce faster gains in worker productivity, altering the U.S. labor market and the Federal Reserve’s economic outlook. Source link
The next AI pivot will be toward efficiency and lowering costs, ex-Facebook privacy chief says
Former Facebook privacy chief Chris Kelly said that AI companies will focus on creating efficiencies for training models. Source link
U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows
The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. Source link
H-1B visa applicants face more disruptions amid social media checks and wage protection rules
The U.S. administration has lined up a slew of actions to restrict the use of H-1B visas by businesses. Source link
What a Russia-Ukraine peace deal could mean for Europe's gas supplies
While pipeline infrastructure could be salvageable, turning the tap back on is set to be politically controversial. Source link
Shares in Wegovy-maker Novo Nordisk pop 6% after GLP-1 pill approval
The FDA on Monday approved the first-ever GLP-1 pill from the Danish pharmaceutical giant. Source link
European markets expected to open lower in final full session before Christmas
The pan-European Stoxx 600 has had bumper year, despite Monday’s losses. Source link
Singapore consumer inflation remains steady at 1.2% in November, missing estimates
The reading was lower than Reuters-polled analysts’ median estimates of 1.3%. Source link
Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for U.S. Navy
Trump said that the frigates will be built at the Philadelphia shipyards, which Hanwha had invested $5 billion into. Source link