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China’s latest AI model claims to be even cheaper to use than DeepSeek

The World Artificial Intelligence Conference kicked off in Shanghai on Saturday, July 26, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese companies are making smarter artificial intelligence models that are increasingly cheaper to use, echoing key aspects of DeepSeek’s market-shaking breakthrough. Startup Z.ai, formerly known as Zhipu, announced Monday that its new GLM-4.5…

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Senate Democrats demand tariff refunds begin 'immediately'

Senate Minority Leader Chuck Schumer (D-N.Y.) and other Democrats are demanding refunds for their constituents after the Supreme Court struck down large parts of President Trump’s tariff agenda last week. Their request came in a Friday letter addressed to Treasury Secretary Scott Besant. The group of senators cited Besant’s previous assurance in January that refunds……

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U-turn after Greenland ‘deal’ revives TACO trade talk

U.S. President Donald Trump attends a reception with business leaders during the 56th annual World Economic Forum (WEF), in Davos, Switzerland, Jan. 21, 2026. Jonathan Ernst | Reuters Trump’s latest retreat from a trade war has catalyzed an international asset rally — and revived investors’ talk of “TACO” — “Trump Always Chickens Out.” Speaking to…

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