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U.S. lawmakers introduce bill to address AI chip smuggling

U.S. lawmakers introduce bill to address AI chip smuggling

(This story has been corrected to reflect that Rep. Bill Huizenga is introducing the bill and Rep. Bill Foster is a co-lead, in paragraphs 3 and 5) By Stephen Nellis SAN FRANCISCO (Reuters) - A bipartisan group of eight U.S. lawmakers introduced a bill on Thursday that would require makers of artificial intelligence chips such as Nvidia (NASDAQ:NVDA) to include technology to verify the location of ...

2025-05-16 04:43:51
U.S. Treasury to issue licenses for economic rebuilding in Syria

U.S. Treasury to issue licenses for economic rebuilding in Syria

Investing.com -- An official from the Trump administration indicated on Thursday that the U.S. Department of Treasury is expected to issue general licenses that will cover a wide area of the economy vital for reconstruction. This move comes as part of the U.S. government’s approach towards Syria, which has been under sanctions.The licenses will be issued by the Department of Treasury, according ...

2025-05-16 04:42:45
FAA says Denver air traffic briefly lost communications on Monday

FAA says Denver air traffic briefly lost communications on Monday

By David Shepardson (Reuters) - The Federal Aviation Administration said on Thursday that Denver air traffic control lost communications for about two minutes on Monday but was able to maintain contact through an emergency frequency. Franklin McIntosh, the FAA’s deputy head of air traffic control, said during a U.S. House of Representatives hearing that at the Denver Air Route Traffic Control Ce ...

2025-05-16 04:41:44
Stock market today: S&P 500 closes higher as economic data boost rate-cut bets

Stock market today: S&P 500 closes higher as economic data boost rate-cut bets

Investing.com-- S&P 500 rose Thursday, as softer retail sales data signaling a weaker consumer stoked bets on Federal Reserve rate cuts, pushing Treasury yields lower.At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 271 points, or 0.7%, the S&P 500 index added 0.4%, and the NASDAQ Composite slipped 0.2%. PPI inflation, retail sales slump to amp up rate-cut ...

2025-05-16 04:39:24