Mexico Is Now the United States’ Top Buyer
For first time in at least 30 years, the United States has exported more to Mexico than Canada, U.S. government data show, in a sign of how much North American trade has consolidated. Source link
December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show
The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation. Source link
After Shutdown, Labor Department Says Some Data is Gone for Good
Surveys were delayed and some cannot be collected at all, officials said, further complicating the Federal Reserve’s decision on interest rates next month. Source link
Saudi Arabia Backs Elon Musk’s xAI With Data Center Deal
Mr. Musk’s xAI will work with the Saudi artificial intelligence company Humain on a new data center, part of Crown Prince Mohammed bin Salman’s effort to diversify his country’s economy. Source link
Apple rolls out iPhone protection in India with AppleCare+ for Theft and Loss | Technology News
Apple has introduced a new option that covers theft and loss of an iPhone in addition to expanding its AppleCare+ insurance plans in India. For the first time, Indian consumers are receiving such comprehensive protection straight from Apple. The plans are now more affordable thanks to the company’s introduction of monthly and annual payment choices. … Read more
Wobble One launches brand’s first made-in-India Android smartphone for Rs 22,000 | Technology News
Wobble, the popular Bengaluru-based electronics startup known for its Smart TV lineup, has announced its first-ever Android-powered smartphone. Powered by the MediaTek Dimensity 7400 chipset, the Wobble One features a 120Hz 6.67-inch AMOLED display with Dolby Vision support and a Full HD+ resolution. Sporting a flat aluminium alloy frame and glass back, the Wobble One … Read more
WhatsApp privacy risk? How researchers scraped data, profile pics from crores of Indian users | Technology News
Security researchers have said that they managed to scrape phone numbers linked to over 3.5 billion active WhatsApp accounts, including nearly 750 million (75 crore) users in India – the highest count globally. They were also able to extract publicly displayed WhatsApp profile photos of 62 per cent (or 46.5 crore) Indian users, along with … Read more
The C.E.O.s Who Came to Dinner (With the Saudi Crown Prince)
The presence of business leaders at a White House event for Crown Prince Mohammed bin Salman underscores a deepening of U.S. and Saudi ties. Source link
In the AI race, Chinese talent still drives American research | Technology News
When Mark Zuckerberg, Meta’s CEO, unveiled the company’s Superintelligence Lab in June, he named 11 artificial intelligence researchers who were joining his ambitious effort to build a machine more powerful than the human brain. All 11 were immigrants educated in other countries. Seven were born in China, according to a memo viewed by The New … Read more
Trump’s Tariffs Sent Trade Plummeting in August
The steep tariffs President Trump issued in August led to a significant contraction in imports and the trade deficit, newly released data shows. Source link