Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
Billionaire hedge fund manager Scott Bessent won Senate approval yesterday to become US Treasury secretary, placing him at ...
LIVE: While initial cues showed a higher open for India, a global tech and AI-related selloff in stocks the previous day and ...
US President Donald Trump has issued a warning about the low-cost Chinese AI tool DeepSeek AI, which caused a significant ...
The US president put a positive spin on the success of the Chinese AI software that sent US tech stocks into a tailspin.
A surprisingly efficient and powerful Chinese AI model has taken the technology industry by storm. It's called Deepseek R1, ...
Justice Department officials fired several prosecutors who worked on President Trump’s criminal cases, saying they could not ...
President Donald Trump filled a key role in his cabinet Monday when the Senate confirmed Scott Bessent, a Wall Street veteran ...
Wall Street is asking regulators for more time to implement a rule requiring centralized Treasury clearing as banks and funds ...
Trump’s nominee for director of national intelligence, who faces confirmation hearings this week, may be his most at-risk ...
The Justice Department is firing more than a dozen officials who worked on Special Counsel Jack Smith's cases against ...
Patel is a controversial nominee, having long raged against the so-called Deep State and prioritized his loyalty to Trump.