The second biggest teachers union in the United States unveiled a groundbreaking partnership Tuesday with AI powerhouses Microsoft, OpenAI, and Anthropic to develop a comprehensive training program helping educators master artificial intelligence. Microsoft is contributing $12.5 million, OpenAI $10 million, and Anthropic $500,000.
Visitors mill around a bright red hilltop pagoda in southwestern China, gazing down at a sprawling cigarette factory whose deadly output has put an otherwise unremarkable city on the map.
China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and the trade war with the United States.
The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump's tariff rollout: Prioritize tackling inflation by holding interest rates high, do nothing, or stimulate growth and employment by cutting them?
Senior US and Chinese officials will travel to Switzerland later this week to kickstart stalled trade talks following President Donald Trump's sweeping tariff rollout, according to statements from both countries. The talks mark the first official public engagement between the world's two largest economies to resolve a trade war escalated by Trump shortly after his return to office in January.
A US jury on Tuesday handed WhatsApp a major victory in its cyberespionage suit against NSO Group, ordering the Israel-based firm to pay some $168 million in damages. A jury on Tuesday found that NSO should pay WhatsApp $444,719 in compensatory damages and another $167,254,000 in punitive damages intended to discourage repeating the behavior that landed it in court.
President Donald Trump on Tuesday said the United States should stop "subsidizing" Canada, as he hosted the country's recently reelected premier Mark Carney for talks in Washington. The United States' trade deficit with Canada was $63.3 billion last year, according to the US Trade Representative's office.
The naira has crashed to its lowest in May at N1,609 to the dollar as volatility returned to the Nigerian foreign exchange market and is firm in the black market.
Cascador has partnered Sterling Bank to launch a $2 million fund to support mid-stage entrepreneurs in several sectors, including logistics, healthcare, and others.
Nigeria is set to establish direct air routes with South America and boost economic and diplomatic relations. A delegation from Nigeria is discussing the details.
Economy
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