timef 06/05/2025

President Donald Trump held a phone call with China President Xi Jinping, Chinese media outlet Xinhua reported.

The 25-basis-point interest rate cut had been widely priced in by markets ahead of the ECB's decision.

For all the attention on U.S.-China AI competition, new studies point to China's rapid rise in biotechnology, especially for drug and agricultural development.

A 5% defense spending target for NATO members is looking increasingly likely as the alliance prepares for its big bang summit later in June.

Nintendo says it expects to sell 15 million Switch 2s in the fiscal year ending March 2026. Analysts say that estimate is conservative.

Merz will aim to strengthen the Germany-U.S. relationship, as well as talk about trade and security matters.

The statistics body on Thursday released revised data, showing CPI rose instead by 3.4% in the 12 months to April.

"I remember saying: I have to do a lot of aces... I can only play, like, four balls and I'm done," Williams told the SuperReturn conference in Berlin.

U.S. Treasury yields held steady Thursday as investors weigh the state of the economy following a slate of disappointing U.S. data.

There's a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or "involution."

The ADP and Fed reports can give an insight into the economy, but they could also be skewed by the vantage point of the observers.

"This would allow Wise's shares to trade on both a US stock exchange and the LSE," Wise said Thursday.

A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic outlook.

Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de minimis loophole, new data shows.

Khan said hosting WrestleMania in London would "open a completley new market for" the WWE.

Automotive industry groups are increasingly worried about a rare earth shortage.

The Trump Administration signed a proclamation Wednesday suspending entrance to the U.S. for citizens from 12 countries.

The ADP and Fed reports can give an insight into the economy, but they could also be skewed by the vantage point of the observers.

Musk's reaction likely comes in part because Trump's bill cuts an EV tax credit that helps Tesla, a source familiar with the matter told NBC News.

The new group will help develop an agentic AI "framework" for use in its robotics operations, an application often referred to as "physical AI."

The original Nintendo Switch sold more than 150 million units, making it the third-best selling video game console ever.

Nikesh Arora, the CEO of Palo Alto Networks, is joining the board of Uber. Prior, he was COO of Softbank and also held positions at Google and T-Mobile.

Reddit's lawsuit against Anthropic is the latest generative AI battle to find its way to the courtroom.

The users include ChatGPT Enterprise, ChatGPT Team and ChatGPT Edu customers, OpenAI said. 

President Donald Trump said he spoke with Russian leader Vladimir Putin about Ukraine's latest attack on Russian airplanes and nuclear talks with Iran.

The Trump-backed budget bill has come under fire from former DOGE head Elon Musk and some GOP senators as it moves through Congress.