The Trump administration proposed a $70,000 fee on universities for each international student entering the OPT work program, with a $30,000 renewal charge. Backers call it a crackdown on cheap foreign labor; schools and tech employers call it a de facto end to the program.
Brent crude rose 5% to $105.3 on Thursday after a report that the White House asked the Pentagon for Iran strike options, pushing UK borrowing costs to multi-decade highs.
Samsung said operating profit jumped roughly ninefold in the third quarter on surging AI chip demand, pushing its 2026 outlook toward a record $80 billion as the company reportedly cuts smartphone output by 30%.
Microsoft and Nvidia executives are unveiling new AI-centric Surface hardware and agent-driven Windows features at a San Francisco event, testing whether consumers want computers that act on their behalf.
U.S. stocks retreated from record highs Tuesday as Treasury yields and oil rebounded, with investors looking to Fed minutes for clues on the pace of further rate cuts.
President Trump said at a weekend event that Iran could "take out" Los Angeles or San Diego, prompting condemnation from California Democrats and uneasy explanations from the White House. Gov. Gavin Newsom renewed a call to invoke the 25th Amendment.
Ukrainian forces have recaptured a cluster of villages in the Donetsk region using combined robot and drone units, slowing Russia's summer offensive. Analysts call it a tactical win, not a turning point.
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