I&I/TIPP Poll: Americans Want Their Old Fossil-Fuel Economy Back
President Biden's climate change policies, which many blame for rising fuel prices, are unpopular with the public.
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Progressives And Conservatives Are Wrong About Taxing The Rich
Calls to “tax the rich” are, once again, gaining traction online in recent weeks. It kicked off last month after New York Governor Kathy Hochul proposed a new tax on second homes in New York City worth more than $5 million.
What Is Driving Higher Food Prices Beyond Gas Costs
According to Labor Department data, prices for food consumed at home rose 2.9% from a year earlier, the highest annual increase since August 2023. Restaurant and prepared meal prices also climbed, pushing overall food inflation to 3.2%.
Homebuyers Push Ahead Despite Rising Mortgage Costs
Mortgage rates in the U.S. climbed to their highest level in five weeks, but homebuyers continued returning to the housing market despite rising borrowing costs and economic uncertainty.
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How China Is Reducing Dependence On Nvidia Chips
Tencent said production of Chinese-designed graphics processing units could rise significantly this year. According to company executives, supply from manufacturers in China and nearby countries is increasing steadily.
Trump-Xi Summit: Bessent Says U.S. Leads AI Race
According to CNBC, the discussions are aimed at preventing powerful AI systems from falling into the hands of non-state actors. Bessent also pointed to rapid advances expected from American firms such as OpenAI and Google.
Why Did Xi Warn Trump About Taiwan At Beijing Summit
The warning came during a two-day summit focused on trade, Taiwan, Iran and global security. Reuters reported that the meeting lasted more than two hours and included discussions on maintaining the fragile trade truce reached last year.