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Last week, the United States and China met in London to talk about trade. They reached a temporary agreement often called a "truce." It covered things like tariffs—taxes that countries charge each other on goods. But they did not solve a very important problem: rare‑earth magnets used in military devices. Rare‑earth magnets are special metals …

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Taiwani’s government has recently taken a decisive step by adding China’s major technology companies, Huawei Technologies and Semiconductor Manufacturing International Corporation (SMIC), to its official export control list. This move is significant and echoes efforts seen in other countries to monitor sensitive technology transfers. The addition means that any Taiwanese business wishing to send high-tech …

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Meta, the company behind Facebook, recently made a huge $14.8 billion deal with Scale AI, a company that helps label data for artificial intelligence. This deal gives Meta a 49% stake in Scale AI, but since it’s a nonvoting stake, it doesn’t give Meta full control over the company. Because of this, the deal doesn’t …

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Donald Trump, the current President of the United States, has recently shared details about his earnings, revealing that he made more than $600 million in the past year. This income came from different sources, including cryptocurrency, golf clubs, and licensing deals. The information was made public in a financial report, giving people a look into …

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A U.S. court has decided to extend the pause in the legal battle between Nippon Steel and the government, giving both sides more time to finalize their agreement. The case involves Nippon Steel’s plan to buy U.S. Steel, a major American steel company. The court has asked for updates by June 20 before moving forward. …

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The excitement for the upcoming Club World Cup and Gold Cup soccer tournaments has been dampened by growing fears among fans over the possible presence of U.S. Immigration and Customs Enforcement (ICE) officers at the matches. Many supporters, especially those from immigrant communities, are worried about being targeted or questioned, leading some to cancel their …

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McDonald’s, the famous fast-food chain, has settled a major lawsuit filed by media entrepreneur Byron Allen. The lawsuit, which demanded $10 billion, accused McDonald’s of not spending enough on advertising with Black-owned media companies. The case claimed that McDonald’s was unfairly excluding these businesses from its advertising budget, which Allen called "racial stereotyping." The settlement …

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The world of comedy and sci-fi might soon witness a heartwarming father-son reunion on the big screen. According to recent reports, Lewis Pullman, the talented actor known for his roles in major films, is in talks to star alongside his father, Bill Pullman, in the much-anticipated sequel to the 1987 cult classic Spaceballs. The original movie, …

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Tesla has recently announced some exciting updates for its Model S and Model X vehicles in the United States. Along with these upgrades, the company has also increased the prices of both models by $5,000. This change affects all versions of these luxury electric cars, making them slightly more expensive than before. The price adjustment …

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In recent months, Apple has made a big change in where it sends iPhones made in India. Almost all of them are now going to the United States, according to new data. This is happening because Apple is trying to avoid high taxes the US government puts on phones coming from China. Foxconn, the company …