Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia. But that doesn’t mean the specter of an AI bubble won’t return in the months and years ahead as Big Tech gears up to spend trillions of dollars more on a technology…… MORE
NEW YORK (AP) — More swings hit Wall Street, except it finished higher this time. After bobbing up and down Friday morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 1.1%, and the Nasdaq composite rose 0.9%. It’s a fitting finish…… MORE
SAO PAULO (AP) — Brazil’s Vice President Geraldo Alckmin says U.S. President Donald Trump’s decision to remove additional import tariffs on some Brazilian agribusiness products marks significant progress. On Thursday, Trump lifted the 40% tariffs on goods like coffee, fruit, and beef to lower consumer costs. Alckmin, who also serves as Trade minister, led negotiations…… MORE
WASHINGTON (AP) — The Trump administration is proposing new oil drilling off the California and Florida coasts for the first time in decades, as President Donald Trump seeks to expand U.S. oil production that is already leading the world. A plan proposed Thursday by the Interior Department would open up new drilling on federal waters…… MORE
TOKYO (AP) — Japan has reported that its exports to the world rose 3.7% in October from a year earlier, while imports edged up 0.6%. Data released Friday by the Finance Ministry showed exports to the U.S. dipped 3.1%, marking the seventh straight month of year-on-year declines. Worries remain about the possible negative impact from…… MORE