Ethan Carter

shanghai china

Chinese Economy Struggles as Consumer Spending Drops and Tariff Pressures Build

Beijing, July 15 — China’s economy showed modest resilience in the second quarter of 2025, growing slightly faster than expected despite mounting domestic and international challenges. However, soft consumer spending, falling prices, and escalating global trade tensions are prompting growing calls for fresh government stimulus. According to official data released Tuesday, China’s gross domestic product…

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Lip-Bu Tan is chief executive officer of Intel Corporation

Intel’s New CEO Considers Major Overhaul of Chip Manufacturing Strategy

SAN FRANCISCO – Intel’s newly appointed CEO, Lip-Bu Tan, is evaluating a significant change to the company’s chip foundry business, signaling a possible departure from the manufacturing strategy pursued by his predecessor, Pat Gelsinger. Image source: newsroom.intel 18A Process Under Review At the heart of the review is Intel’s 18A manufacturing process, which was meant…

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trump and elonmusk

Trump-Musk Fallout: From Bromance to Battle Over Contracts and Impeachment

WASHINGTON, June 6 — Former President Donald Trump on Thursday threatened to terminate government contracts with Elon Musk’s companies, prompting the billionaire to suggest Trump should be impeached — a dramatic collapse of their once-close political alliance. Contract Threats and Social Media Spat Trump criticized Musk during a meeting in the Oval Office, later posting…

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wistron

Wistron Preps US Facilities for Nvidia AI Server Manufacturing in 2026

TAIPEI, May 16 — Taiwanese electronics giant Wistron Corp. announced Friday that its new U.S.-based manufacturing facilities will be ready next year to support Nvidia’s ambitious artificial intelligence (AI) server rollout. The move marks a significant step in Nvidia’s $500 billion plan to build AI supercomputing infrastructure in the United States over the next four…

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Supreme Court Weighs Trump Bid to Limit Birthright Citizenship

US Supreme Court Weighs Trump’s Attempt to Limit Birthright Citizenship

WASHINGTON, — The U.S. Supreme Court on Thursday wrestled with the legality of former President Donald Trump’s controversial executive order aimed at restricting birthright citizenship—a move that could deny citizenship to over 150,000 newborns each year. The case marks the first Trump-era immigration policy argued before the justices since his return to office in January….

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Low-income families would lose, wealthier ones would gain under GOP tax proposals

Under GOP Tax Proposals, Wealthy Households Gain as Low-Income Families Face Losses

WASHINGTON — Low-income families could lose thousands of dollars in annual income while wealthier households would gain significantly under new tax and budget proposals backed by congressional Republicans, according to a new report from the Urban Institute, a Washington, D.C.-based think tank. The analysis assumes the extension of temporary provisions from the 2017 Tax Cuts…

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