Modi’s visit to China signals improving ties

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi visit Daci’en Temple on May 14, 2015 in Xi’an, China. Sheng Jiapeng | CNSPHOTO | VCG | Getty Images When Foxconn recalled hundreds of Chinese engineers from a factory in India last month, reportedly following Beijing’s directions to curb technology transfer to its neighbor, it…

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Nvidia stock swings as China uncertainty remains

Nvidia stock fluctuated on Thursday as investors digested the company’s latest earnings report, which signaled robust AI demand but provided little clarity on China. Sales surged 56% in the quarter to $46.74 billion, which was roughly in line Wall Street’s projected $46.06 billion, according to LSEG. The company reported adjusted earnings per share of $1.05,…

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Fed Governor Lisa Cook sues Trump to block her firing

Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump, seeking to block his unprecedented move to fire her. The suit, filed in federal court in Washington, D.C., also names Fed Chairman Jerome Powell and the Board of Governors itself as defendants. Trump said Monday that he was removing Cook because of allegations that she committed…

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DC Subway sandwich thrower avoids grand jury indictment

A person walks past Banksy-style posters of a protester throwing a sandwich on August 21, 2025 in Washington, DC. Kevin Dietsch | Getty Images Prosecutors failed to obtain a grand jury indictment against a former Department of Justice employee who allegedly hurled a Subway sandwich at a federal officer whom President Donald Trump deployed in Washington,…

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