China prefers Harris over Trump as US president, says top Chinese official

China prefers Harris over Trump as US president, says top Chinese official

China will prefer Kamala Harris to Donald Trump as the next US presidential considering that bilateral ties deteriorated sharply during the latter’s presidency leading to serious confrontation, a senior member of the Chinese national advisory body said on Thursday. The Chinese government prefers not to comment on the US presidential election because it doesn’t want … Read more

‘Is he secretly working for Dems?’: JD Vance stirs controversy while trying to target Kamala Harris, trolled for ‘lying’

‘Is he secretly working for Dems?’: JD Vance stirs controversy while trying to target Kamala Harris, trolled for ‘lying’

Donald Trump‘s running mate and Ohio Senator J.D. Vance stirred controversy by connecting rising egg prices to the policies of Vice President Kamala Harris. The incident occurred during a visit to a supermarket in Reading, Pennsylvania, where Vance, accompanied by his children, sought to highlight inflationary pressures affecting consumers. — TrumpWarRoom (@TrumpWarRoom) However, his assertions … Read more

Should Joe Biden downplay his own success?

Should Joe Biden downplay his own success?

The performance of America’s economy over the past two years has been remarkable, especially given the dire predictions of many observers. Remember the economists who forecast a recession in 2023? Remember all those warnings that getting inflation down would require years of high unemployment? Instead, our economic growth has been the envy of other wealthy … Read more

Elon Musk: I’m against tax incentives for EVs

Elon Musk: I’m against tax incentives for EVs

Tesla founder Elon Musk told tech investors in Paris on Thursday he opposed U.S. tariffs on Chinese electric vehicles (EVs), an about-face from his January warning that trade barriers were needed or China would “demolish most other car companies in the world.” On Thursday, Musk said he did not favour measures that distorted the market. … Read more

US weighs sanctioning Huawei’s secretive Chinese chip network

US weighs sanctioning Huawei’s secretive Chinese chip network

The Biden administration is considering blacklisting a number of Chinese semiconductor firms linked to Huawei Technologies Co. after the telecom giant notched a significant technological breakthrough last year, people familiar with the matter said. Such a move would mark another escalation in a US campaign to ringfence and curtail Beijing’s AI and semiconductor ambitions. It … Read more

US Set to Widen Curbs on Semiconductor Shipments to China: Report

US Set to Widen Curbs on Semiconductor Shipments to China: Report

The Biden administration reportedly plans to broaden existing curbs on US shipments of semiconductors used for artificial intelligence and chipmaking tools to China. Based on the restrictions that were previosuly communicated in letters to three US companies, the US Commerce Department intends to publish new regulations to further restrict the export of the semiconductors, as … Read more

‘Don’t Panic’: U.S. Has Tools to Manage BA.5, White House Says

‘Don’t Panic’: U.S. Has Tools to Manage BA.5, White House Says

July 12, 2022 – The BA.5 Omicron subvariant is dominating now and accounts for 65% – or about two-thirds – of the virus causing COVID-19 in the United States, federal officials said on Tuesday. Although no evidence yet points to BA.5 causing more severe disease, hospitalization numbers are up in the past few months and … Read more

How Much Health Insurers Pay for Almost Everything Is About to Go Public

How Much Health Insurers Pay for Almost Everything Is About to Go Public

By Julie Appleby, Kaiser Health News Friday, July 01, 2022 (Kaiser News) — Consumers, employers, and just about everyone else interested in health care prices will soon get an unprecedented look at what insurers pay for care, perhaps helping answer a question that has long dogged those who buy insurance: Are we getting the best … Read more

Watchdogs Attack Medicare Advantage for Denying Care, Overcharging

Watchdogs Attack Medicare Advantage for Denying Care, Overcharging

By Fred Schulte, Kaiser Health News Wednesday, June 29, 2022 (Kaiser News) — Congress should crack down on Medicare Advantage health plans for seniors that sometimes deny patients vital medical care while overcharging the government billions of dollars every year, government watchdogs told a House panel Tuesday. Witnesses sharply criticized the fast-growing health plans at … Read more

Biden administration holds EV industry meeting with Tesla’s Musk, GM’s Barra

Biden administration holds EV industry meeting with Tesla’s Musk, GM’s Barra

The Biden administration said senior officials held a meeting Wednesday with major automotive leaders including Tesla Chief Executive Elon Musk and General Motors Chief Executive Mary Barra to discuss electric vehicles and charging. The administration said in a statement “there was broad consensus that charging stations and vehicles need to be interoperable and provide a … Read more