GAZA CITY, Gaza Strip (AP) — The Israeli defense minister is warning that Gaza’s largest city could be destroyed unless Hamas yields to his country’s terms. Israel Katz spoke Friday, the same day that the world’s leading authority on food crises said that Gaza City is gripped by famine from fighting and an Israeli blockade.…… MORE
Trump Turns $11.1 Billion in US Government Funds Into a 10% Stake in Downtrodden Intel
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job. The remarkable turn of events makes the U.S. government one…… MORE
Powell Signals Fed May Cut Rates Soon Even as Inflation Risks Remain
JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs…… MORE
What to Know About China’s New Regulations on Rare Earths
BANGKOK (AP) — China has released new interim measures to tighten controls on mining and processing of rare earths that are used in many high-tech products including electric vehicles, smartphones and fighter jets. The rules released Friday by the Ministry of Industry and Information Technology apply both to rare earths originating in China and those…… MORE
Trump Says He’ll Keep Extending Tik-Tok Shutdown Deadline
WASHINGTON (AP) — President Donald Trump is calling national security and privacy concerns related to TikTok and its Chinese parent company highly overrated. He said he’ll keep extending the deadline for the popular video sharing platform until there’s a buyer. Congress approved a U.S. ban on TikTok unless its parent company, ByteDance, sold its controlling…… MORE