President Donald Trump and Chinese President Xi Jinping shared a lavish state dinner this week, but the gourmet menu took a backseat to the heavyweight presence of the technology industry. In a rare gathering of power and innovation, the two leaders were joined by a who’s who of Silicon Valley, including Nvidia’s Jensen Huang, SpaceX
The guest list for Thursday night’s dinner between Donald Trump and Chinese leader Xi Jinping read like a directory of Silicon Valley royalty. From the main table featuring Nvidia’s Jensen Huang and AMD’s Lisa Su to the presence of heavyweights like Elon Musk, Jeff Bezos, and Alphabet’s Sundar Pichai, the evening served as a high
U.S. Treasury yields crept slightly higher on Friday, reflecting a lingering tension in the markets even as a broader global bond selloff began to lose momentum. The benchmark 10 year Treasury note rose marginally to 5.17 percent, coming off a historic peak reached Thursday that marked its highest level since June 2007. While the 30
Prospective homebuyers in the United States are facing a fresh wave of financial pressure as mortgage rates climbed above 7 percent for the first time in nearly twenty months. According to data from Freddie Mac, this spike follows a series of interest rate hikes by the Federal Reserve aimed at curbing stubborn inflation. The move
Flying high over the United States is a strange looking piece of machinery that resembles an anteater more than a traditional jet. This is the X-59, a NASA experiment featuring an incredibly long nose designed specifically to dampen the thunderous sonic boom created when an aircraft breaks the sound barrier. By flattening these shockwaves into
Financial markets faced a volatile Thursday as U.S. Treasury yields climbed to heights not seen in two decades, sending ripples through global economies and hiking borrowing costs for everyday consumers. The 30-year Treasury bond hit a peak of 5.47 percent, marking its highest level in 22 years, while the benchmark 10-year yield reached 5.18 percent,
The atmosphere at the White House turned celebratory on Thursday evening as President Donald Trump hosted a lavish state dinner for Chinese President Xi Jinping. Marking the first such visit from a Chinese leader since the Obama administration over a decade ago, the event brought together a high powered crowd of over one hundred guests.
Google is preparing to push its artificial intelligence capabilities beyond the atmosphere with the launch of Suncatcher, its first orbital data center test, scheduled for October 1. While the company has already performed extensive ground tests, this mission marks the first time their proprietary Tensor Processing Units will face the harsh realities of space. Engineers
Homebuyers looking at current listings may find themselves facing a harsher reality than some headlines suggest. While several media outlets are reporting that 30 year fixed mortgage rates have only recently crossed the 7 percent threshold, those numbers often rely on delayed surveys that don’t reflect the immediate market. For instance, recent figures from Freddie
Shares of MGM Resorts International took a sharp dive on Thursday, tumbling roughly 11 percent after Barry Diller’s People Inc. officially withdrew its proposal to acquire the gaming giant. The sudden reversal comes nearly four months after Diller first offered to take the company private at a price of 48.30 dollars per share. While People