The press conference after the White House meeting between US President Trump and Ukrainian President Zelensky was cancelled, and Zelensky is reported to have left the White House early.
The press conference after the White House meeting between US President Trump and Ukrainian President Zelensky was cancelled, and Zelensky is reported to have left the White House early.
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According to the Wall Street Journal, the Trump administration and Israeli officials say Israel is prepared to strike Iran in the coming days if it rejects U.S. proposals to impose strict limits on its nuclear program. A senior Israeli official said Israel could launch an attack as soon as Sunday. Israeli Prime Minister Benjamin Netanyahu was in a phone call with Trump on Monday, two U.S. officials said.
Federal Aviation Administration (FAA): The investigation into SpaceX's Starship Flight 8 accident has been concluded. There were no reports of public injuries or damage to public property. The investigation found that the root cause of the Starship craft crash was a hardware failure in one of the Raptor engines. It has been confirmed that SpaceX took corrective action prior to the Starship's 9th mission.
According to two announcements made on Thursday, Shopify has teamed up with Coinbase and Stripe to make it easier for merchants to accept payments in Circle's USDC stablecoin.
"Shoppers will be able to pay with USDC on Base using their preferred crypto wallet," Stripe said in a press release. "By default, Stripe will allow merchants to receive stablecoin payments in their preferred local currency and deposit them into their bank account like any other payment they receive."
Stripe said that this...
Mr. Trump said he was not planning to fire Federal Reserve chairperson Jerome Powell, but called him a "fool" for not cutting interest rates. Speaking at a White House event on Thursday, Mr. Trump said a 200 basis point rate cut would save the US $600 billion a year. "We're spending $600 billion a year because a'fool 'sits here and says'I don't see enough reason to cut rates now'," Mr. Trump said. Mr. Trump added that he agreed with the Fed raising rates if inflation rose, "but now...
The US Department of Commerce has announced that it will impose tariffs on a wide range of steel household appliances, including "steel-derived products" such as dishwashers, washing machines and refrigerators, effective June 23. It is reported that a 50% tariff on most countries will affect the import of these steel products, which may lead to higher consumer prices. Industry stakeholders are closely monitoring the development. (CCTV)
Congressional Budget Office (CBO): The House GOP tax bill would increase the wealth of the rich and cut the incomes of the poor, with the top decile of Americans receiving a 2.3% increase in income and the bottom decile facing a 3.9% cut.
According to the Wall Street Journal, an Israeli attack on Iran could take place within days, according to U.S. and Israeli officials. Israeli officials have warned that an attack could take place this Sunday unless Iran agrees to stop producing nuclear fissile material.
AMD (AMD. O) CEO said, "Introduced MI350 and MI355 chips; MI400 chip will be launched next year. The MI350 AI chip is faster than Nvidia congeneric products. Introduced" VULCANO "chip for artificial intelligence networks. The company will launch MI500-based artificial intelligence servers in 2027. The AI chip market will exceed $500 billion in 2028, and the reasoning chip market will grow faster. The company has made 25 strategic investments in artificial intelligence-related companies in the pa...