US News

US Personal Spending Surges by 0.4% in November: A Closer Look at the Numbers

The US Bureau of Economic Analysis reports a 0.4% increase in personal consumption expenditures in November, with the PCE price index rising by 0.1% monthly and 2.4% annually.

US Set to Tighten AI Chip Export Rules to Block China's Access

The US plans to tighten export rules on AI chips to block China's access through third-party countries, targeting high-bandwidth memory chips essential for AI model training.