Author: ALJAZEERA

Trump’s investments include Meta, Wells Fargo, Morgan Stanley, Citigroup, and T-Mobile, according to filing.United States President Donald Trump has bought more than $100m in company and municipal bonds since his return to the White House, financial disclosures show, providing a window into the management of the billionaire’s wealth in office.The filings released by the US Office of Government Ethics on Wednesday detail nearly 700 financial purchases made by Trump from his January 21 inauguration to August 1.The purchases include bonds issued by the financial giants Wells Fargo, Morgan Stanley and Citigroup, as well as those from corporate household names such…

United States President Donald Trump has threatened to impose tariffs of up to 300 percent on semiconductor imports, with exemptions for foreign companies that commit to manufacturing in the US.Trump has cast the proposed tariff as a way to drive investment to the US, but experts say it could also disrupt global supply chains and even penalise companies already making chips in the US.What are the details of Trump’s plan?Few details have been released since Trump announced plans for a 100 percent tariff at a White House event on August 7.The US president said exemptions would be given to companies…

Director of National Intelligence Tulsi Gabbard says change upholds privacy of US users.Apple will no longer be forced to provide the United Kingdom’s government with access to American citizens’ encrypted data, Washington’s spy chief has said, signalling the end of a months-long transatlantic privacy row.Tulsi Gabbard, the United States’ director of national intelligence, said on Monday that London agreed to drop its requirement for Apple to provide a “back door” that would have allowed access to the protected data of US users and “encroached on our civil liberties”.Gabbard said the reversal was the result of months of engagement with the…

United States President Donald Trump has marked the 90th anniversary of Social Security with a defence of his administration’s policies toward the programme — and attacks on his Democratic rivals.On Thursday, Trump signed a presidential proclamation in the Oval Office, wherein he acknowledged the “monumental” importance of the social safety-net programme.“I recommit to always defending Social Security,” the proclamation reads.“To this day, Social Security is rooted in a simple promise: those who gave their careers to building our Nation will always have the support, stability, and relief they deserve.”But Trump’s second term as president has been dogged by accusations that…

Air Canada, the country’s largest airline, started suspending flights on Thursday morning ahead of a potential strike by its flight attendants.Hundreds of flights are expected to be cancelled by the end of the week if the flight attendants walk off their jobs as expected.Air Canada and the flight attendants’ union have struggled to agree upon a deal that would increase compensation for the airline workers.Here is what we know about the labour dispute and its potential consequences:What is happening to Air Canada?The Montreal-based airline has reached an impasse with the union representing more than 10,500 flight attendants in a dispute…

United States President Donald Trump and his Russian counterpart Vladimir Putin are set to meet in Anchorage, Alaska, on Friday in a bid to try and end Russia’s three-year assault on Ukraine.In the run-up to the meeting, Trump said that he believes Putin is ready to agree to a ceasefire. But his suggestion that Putin and Ukrainian President Volodymyr Zelenskyy could “divvy things up” has alarmed observers in Kyiv.For their part, remarks from top Russian officials suggest that Moscow has tried to water down discussions about the war by linking them with other bilateral issues, particularly restoring economic ties with the…

Talks for an undisclosed stake come days after President Donald Trump called for Intel’s CEO to resign.The administration of United States President Donald Trump is in talks with Intel to have the US government potentially take a stake in the chipmaker.Intel’s shares surged more than 7 percent in regular trading and then another 2.6 percent after the bell on Thursday, following Bloomberg News’ initial report of the potential deal, which cited people familiar with the plan.It is unclear what size stake the federal government will take, but Bloomberg reports that the deal will help “shore up” a planned factory in…

When OpenAI unveiled the latest upgrade to its groundbreaking artificial intelligence model ChatGPT last week, Jane felt like she had lost a loved one.Jane, who asked to be referred to by an alias, is among a small but growing group of women who say they have an AI “boyfriend”.After spending the past five months getting to know GPT-4o, the previous AI model behind OpenAI’s signature chatbot, GPT-5 seemed so cold and unemotive in comparison that she found her digital companion unrecognisable.“As someone highly attuned to language and tone, I register changes others might overlook. The alterations in stylistic format and…

Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve.Japan’s benchmark stock market index has topped its all-time high for a second straight day amid expectations of an interest rate cut in the United States and easing trade tensions between Washington and Beijing.The Nikkei 225 rose above 43,421 points on Wednesday after better-than-expected US inflation data bolstered the case for a rate cut by the US Federal Reserve at its next committee meeting in September.The milestone came after the Nikkei on Tuesday breached the 42,999-point mark for the first time.In the…

US president’s nomination comes after firing of agency head raised concerns about integrity of US government statistics.United States President Donald Trump has tapped an economist from a conservative think tank to lead a key statistics agency after firing its previous head over her role in the release of weak employment figures.Trump said on Monday that he had nominated EJ Antoni, the chief economist at the Heritage Foundation, to lead the Bureau of Labor Statistics (BLS).“Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE. I know E.J. Antoni will do an incredible job in…