Some ethics experts criticize Trump's potential conflict of interest in crypto. REUTERS/Kevin Lamarque/File Photo |
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- Investors bought dollars, sold stocks and fretted about inflation in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top US trading partners. Oil prices rose, though gains were capped by concern over what could be an economically damaging trade war.
- Shares in some of the biggest European carmakers plunged Trump imposed the levies, raising concern over possible duties on EU imports. In Asia, shares of Japanese and South Korean car makers and their suppliers led declines.
- Dry weather has forced grains exchanges in Argentina, the world's top exporter of soy oil and meal and the No. 3 for corn, to cut their forecasts for the current crop, though farmers say the reality is likely worse.
- DeepSeek's emergence is changing the landscape for AI, offering companies access to the technology at a fraction of the cost, according to interviews with more than a dozen startup executives and investors. It also has the potential to push other AI companies to improve their models and bring down prices.
- Lawyers for Alphabet's Google and "Fortnite" maker Epic Games are set to square off before a US appeals court in California, as Google tries to undo a jury verdict and a judge's order forcing it to revamp its app store.
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Under Biden, internal debate and stockpile concerns delayed weapons to Ukraine |
Ukraine received its first F-16 fighter jets more than a year after requesting them. REUTERS/Valentyn Ogirenko |
With Trump back in office, weapons supplies to Ukraine could be halted at any time. While Biden sped up deliveries after the US election, his final year in office was largely marked by delays caused by congressional inaction and months long internal debates. Adding to the confusion was a chaotic weapons-tracking system. |
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Beyoncé's win came on her fifth nomination in the album category. REUTERS/Mario Anzuoni |
Beyoncé scored the top prize at music's Grammy Awards on Sunday, taking album of the year for the first time in her career with her country record "Cowboy Carter," at a ceremony that delivered a love letter to wildfire-ravaged Los Angeles. |
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