The Fiscal Responsibility Act represents a compromise reached by House Speaker Kevin McCarthy and President Joe Biden. But conservatives say it’s a raw deal.Story Published at: May 30, 2023 at 04:08PM
Debt ceiling bill faces a tough path in the House as GOP opposition grows
North Korea says it will launch its first-ever military spy satellite to monitor U.S. drills
Pyongyang plans to launch a satellite with the aim to track “dangerous” actions by the U.S., pointing to its recent joint military drills taking with South Korea.Story Published at: May 30, 2023 at 07:24AM
China launches crewed mission to its space station
A CMSA official said China aims to launch a crewed mission to the moon by 2030, according to state media.Story Published at: May 30, 2023 at 05:20AM
‘Everyone is a programmer’ with generative A.I., says Nvidia chief
“We have closed the digital divide. Everyone is a programmer,” says Nvidia CEO Jensen Huang who introduced a new AI supercomputer platform called DGX GH200.Story Published at: May 30, 2023 at 05:00AM
Wall Street sees further upside for Japan stocks as they notch a fresh three-decade high
Japan’s Topix (Tokyo Price Index) has marked new peaks in the past two weeks, seeing its highest level since July 1990 on Monday.Story Published at: May 30, 2023 at 03:42AM
Chinese apps remain hugely popular in the U.S. despite efforts to ban TikTok
Those apps include others made by TikTok’s owner ByteDance, like CapCut and Lemon8, as well as e-commerce apps like Temu and Shein. Story Published at: May 29, 2023 at 02:44PM
Streaming services are removing tons of movies and shows — it’s not personal, it’s strictly business
Consumers thought streaming would be forever, but library content is disappearing as studios seek to cut costs.Story Published at: May 29, 2023 at 01:00PM
China’s youth unemployment hits a record high, deepening its economic scars
As youth unemployment in China rises to a record high, college graduates are caught in a perfect storm — with some forced to take on low-paying jobs.Story Published at: May 29, 2023 at 11:30PM
Putin congratulates ‘dear friend’ Erdogan as NATO’s Turkey challenge looks set to stay
Erdogan leads a country that’s home to NATO’s second-largest military, but also has a friendly and growing relationship with Russia’s Vladimir Putin.Story Published at: May 29, 2023 at 01:21PM
UK government says it is meeting with food bosses over high prices — but denies it will impose caps
The government excluded the possibility of a mandatory price cap, but said it is in talks with the food sector over high prices.Story Published at: May 29, 2023 at 12:27PM