Trump Targets China With Biggest Salvo So Far in Second Term

Published on February 24, 2025

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival.

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Dallas Fed Manufacturing: Activity Falters Amid Increased Uncertainty

February 24, 2025
The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for February. The general business activity index came in at -8.3 after rising notably in January. This marks a 22.4 point decline from the previous month, the sharpest monthly drop since March 2020.

Alibaba Plans to Spend $53 Billion on AI in a Major Pivot

February 24, 2025
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.