Banned Nvidia Chips Surface in Chinese Servers Amid US Sanctions
Chinese universities have recently acquired AI chips from Nvidia, which are subject to US sanctions, as reported by Reuters. This move appears to circumvent the
Liberty Communications Accused of Outsourcing Jobs Abroad After Laying Off Nearly 300 Workers in Puerto Rico
This Monday, Aramis Cruz, the leader of the unionized employees at Liberty Communications, leveled serious allegations against the company. He claimed that the telecommunications firm
Tesla Announces Job Cuts Amid Challenges in the Auto Industry
Electric car manufacturer Tesla is set to reduce its workforce, and experts worry that other automakers may follow suit. Frank Schwope, an automotive expert, predicts
US Dollar Slightly Declines to $38 After Four Days of Gains
The US dollar experienced a slight decrease of 0.02% compared to last Wednesday, closing at 38.240 Uruguayan pesos according to the official exchange rate by
US’s Largest Egg Producer Shuts Down After Avian Flu Outbreak
A poultry plant in Texas, operated by Cal-Maine Foods, the largest egg producer in the United States, has been temporarily closed after an outbreak of
The Reason the U.S. Wants to Ban TikTok
The United States’ political obsession with blocking TikTok isn’t a recent phenomenon. Donald Trump tried it during his presidency in August 2020. The then-president’s executive
Bank of America Predicts ECB Interest Rate Cut in June, Foresees Faster Decreases in 2025
Bank of America (BofA) has indicated that the European Central Bank (ECB) will make its first interest rate cut—currently frozen at 4.5% since its March
The American market weakens, eyes on inflation data
Wall Street experienced a sluggish session, with investors closely monitoring macroeconomic data for insights into the health of the economy and inflation trends. Before the
Aerospace and defense industries dominate as the top-paying job sectors in the D.C. area.
In the Washington D.C. metropolitan area, aerospace and defense emerge as the highest-paying job fields, with an average salary of $107,000, as per Glassdoor data.
Japan enters recession, relinquishes position as world’s third-largest economy to Germany
Japan’s economy experienced a decline for the second consecutive quarter from October to December, marking its entry into a technical recession and resulting in its