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US to Overhaul AI Chip Export Regulations Amid Industry Pressure

08.05.2025, 13:00

The Trump administration is set to rescind Biden-era rules aimed at limiting the export of AI chips. This move is seen as a significant win for chipmakers like Nvidia and AMD, which have seen their stocks surge in response. The proposed changes are expected to ease restrictions for tech companies...

Papal Conclave Continues as Black Smoke Signals No New Pope Yet

08.05.2025, 13:00

The papal conclave, tasked with electing a new pope, is currently underway, but as of Thursday morning, black smoke has emerged from the Sistine Chapel chimney. This indicates that the cardinals have not yet reached a consensus on a new leader for the Catholic Church. Live updates are being provided...

Trump Plans to Rename Persian Gulf Amid Controversy

08.05.2025, 10:00

In a controversial move, former President Donald Trump is set to announce that the United States will refer to the Persian Gulf as the Arabian Gulf during his upcoming Middle East trip. This decision has sparked outrage among Iranians, with officials warning of potential consequences. Reports...

Treasury Secretary Scott Bessent Faces Tough Questions on Tariffs and Trade Policies During Congressional Hearing

08.05.2025, 10:00

In a recent congressional hearing, Treasury Secretary Scott Bessent testified about the state of the international financial system amidst ongoing trade wars. As he faced scrutiny from Democrats, he struggled to answer who ultimately bears the cost of tariffs. Bessent engaged in a heated exchange...

House GOP Faces Internal Strife Over Trump’s ‘Big Beautiful Bill’

08.05.2025, 10:00

Amid intense debates and growing divisions, House Republicans are struggling to unify behind President Trump’s ambitious ‘big beautiful bill.’ Infighting has escalated as GOP moderates send warning signals to party leaders, raising concerns about rising deficits and potential cuts to...

Denmark Summons US Ambassador Amid Greenland Espionage Reports

08.05.2025, 09:00

Denmark has summoned the US ambassador in response to reports about increased US intelligence efforts to spy on Greenland. This move follows allegations that the Trump administration ordered its intelligence agencies to ramp up surveillance in Greenland, raising concerns about potential espionage...

Knicks Stun Celtics, Take 2-0 Series Lead in NBA Playoffs

08.05.2025, 09:00

In a shocking turn of events, the New York Knicks made a dramatic comeback from a 20-point deficit to defeat the Boston Celtics 91-90 in Game 2 of their playoff series, taking a commanding 2-0 lead. The Celtics, facing criticism for their collapse, had previously lost Game 1 in an overtime thriller....

Former Memphis Police Officers Acquitted in Tyre Nichols Beating Death Case

08.05.2025, 08:00

A jury has acquitted three former Memphis police officers of all charges related to the fatal beating of Tyre Nichols, sparking widespread reactions of shock and disappointment among civil rights leaders and advocates for police reform. The verdict highlights ongoing concerns about police...

Chief Justice John Roberts Defends Judicial Independence Amid Criticism from Trump and Congressional Tensions

08.05.2025, 07:00

In a recent appearance in Buffalo, Chief Justice John Roberts emphasized the crucial role of judicial independence in maintaining a balance of power between Congress and the presidency. He firmly rejected calls for the impeachment of judges, stressing that judicial scrutiny is essential in checking...

Over 15,000 USDA Employees Resign Amid Budget Cuts and Reorganization

08.05.2025, 07:00

In a significant shift, more than 15,000 employees from the U.S. Department of Agriculture (USDA) have accepted voluntary resignation offers tied to financial incentives under the previous administration. USDA leadership, including Secretary Rollins, is now facing scrutiny as they attempt to fill...

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