World Business NewsTrump administration seeks to undo Biden’s fee rule for credit cards
The Trump administration argues that the $8 credit card late fee cap is illegal, backing claims from business and banking groups

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World Business NewsThe Trump administration argues that the $8 credit card late fee cap is illegal, backing claims from business and banking groups
World Business NewsThe FDIC claims Bank of America underreported its risk to counterparties, leading to lower deposit insurance assessments
TechAMD now joins Apple and Nvidia in producing chips at the Arizona site operated by TSMC, Taiwan’s leading contract chipmaker
The U.S. still relies heavily on Taiwan for chip imports, a key vulnerability Trump says must be addressed
TechThe JFTC accused Google of pressuring smartphone manufacturers to prioritize its services
TechMeta will use user queries for AI training, excluding private messages and data from users under 18
World Business NewsThe central bank scraps its managed exchange rate policy and widens the currency’s trading band to 1,000–1,400 pesos per dollar
HeadlinesFund’s findings point to issues in civil service politicisation, weak anti-corruption policies, and fragmented decision-making, urging for systemic reforms; assessment report expected by August 2025
World Business NewsI believe Saudi Arabia will be one of the leading countries investing in the US, which is a win for both nations, says US Energy Secretary
TechThe initiative includes producing Blackwell AI chips at TSMC’s Arizona plant and building supercomputer factories in Texas
TechThe new models are designed to handle up to 1 million tokens, enabling them to process larger and more complex inputs effectively
Headlines85% of cost increase linked to currency depreciation; transportation of Chinese workers to project site via helicopters another factor, Wapda submits response to CDWP