United States
US cuts tariffs to boost investment in industrial economy
Import taxes on farm and construction equipment are set to drop to 15% from 25%
Luxury brands seek to lure America’s AI super-rich
Surging stock markets boost US luxury spending; top fashion houses stage fashion shows in New York and Los Angeles
Prominent short seller Andrew Left found guilty of securities fraud in US
He was accused of using tweets about companies to illegally influence their shares and make a quick profit
How Delta Air steered around airline industry chaos
The carrier has become the most profitable in the US by catering to affluent travellers, but it is facing stiffer competition from United
Rent spikes in San Francisco are topping all other US cities on AI boom
A new wave of wealth is driving fierce competition for housing, while also deepening economic divides
US takes step to halt Nvidia AI chip shipments to Chinese firms outside China
[NEW YORK] The US Department of Commerce on Sunday (May 31) moved to close a potential loophole that may have led companies to export the world’s most advanced chips – like Nvidia’s most sophisticated...
Commentary: The US says ships and submarines trump summits. South-east Asia politely says ‘no’
“(Peace) requires defence, yes, but it also requires prevention,” says the Timor-Leste president
Strait of Hormuz ship transits are rising thanks to US help
Some of the ships that have crossed belong to companies that had not transited Hormuz since the war began
Trump sends tougher terms to Iran for framework to end war, US officials say
He has been concerned about parts of the potential deal that would include unfreezing funds for the Iranians
Fed’s Bowman says too soon to judge inflation impact of Iran war
The US war in Iran has pushed up energy prices