After years of legal battles, TikTok’s US operations are being sold to a consortium led by Oracle. The $14 billion deal represents a landmark moment in US-China tech relations with major implications for data governance and social media competition.
Government Shutdown Costs US Economy $15 Billion Daily, Treasury Secretary Warns Economic Toll Mounts as Federal Shutdown Enters Third Week…
US Treasury Secretary Scott Bessent criticizes China’s rare earth export controls as trade tensions escalate. Both nations implement retaliatory shipping fees while rare earth stocks decline. Experts analyze potential economic consequences.
Rare earth stocks are declining significantly as persistent trade tensions between the United States and China intensify over export controls, potential tariffs, and retaliatory shipping fees. The market reaction comes as both economic superpowers implement measures affecting rare earth minerals crucial for technology and defense applications, with investors concerned about prolonged trade disruption and supply chain instability.
