The Latest Breaking News from International Business Times

'Destined to Fail': Mayor Mamdani Facing Fury Over £55M Taxpayer-Funded Supermarket Project

NYC Mayor Zohran Mamdani's £55 million supermarket initiative faces criticism for lacking key features and potential impact on local businesses, raising doubts about its feasibility and effectiveness.

International Business Times · Jul 25

Netanyahu Is Slated To Arrive In US: Can Bibi Sway Trump's Major Iran Offensive Plan

If Netanyahu indeed makes the trip as planned, it would send a signal that the planned escalation against Iran is on hold. But this could also be a ploy as the US and Israeli leaders have pulled off deception campaign ahead of attacks on Iran previously.

International Business Times · Jul 25

US Grocery Price Surge Refuses To Abate. Consumers Are Tweaking Their Preferences

US households are battling what is considered the biggest jump in grocery prices in half a century. In other terms, purchasing food to eat at home has become 33% more expensive in US cities since the beginning of 2019.

International Business Times · Jul 25

AI Web Browsers Face Serious Security Risks That Could Expose User Data, Scientists Warn

AI web browsers offer smart features but may expose user data. Learn the browser security, privacy, and cybersecurity risks researchers identified.

International Business Times · Jul 25

Fresh Tariffs Steer Trump Administration Into Legal Arena. How The Battle Is Taking Shape

The Liberty Justice Center, which represents the small businesses, has argued that the invoked law, Section 301, does not grant any authority "to tax substantially all imports from substantially all countries at preestablished rates." The US administration has countered this saying it's not merely looking for ways to resurrect its…

International Business Times · Jul 25

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

The debate in Washington over Chinese artificial intelligence models has largely centered on national security, intellectual property, and technological competition. This week, it gained an unexpected new data point.

International Business Times · Jul 25

A South Korean Tech Titan Left His Wife. A Massive Divorce Battle Over The Wealth Followed

In one of South Korea's highest-profile divorce cases, the ex-wife of a tech billionaire failed to win a bigger slice of his wealth.

International Business Times · Jul 24

Can The Effects Of Aging Be Reversed? Scientists Believe They May Have Taken A Step Toward Doing So

Scientists say they might have taken a step toward reversing an aspect of aging that can create a range of health problems.

International Business Times · Jul 24

The U.S. Banking System Is Being Re-Plumbed for Digital Assets. The Hard Part Isn't Crypto

The Depository Trust & Clearing Corporation (DTCC), the back office that settles most U.S. securities trades, plans to start trading tokenized stocks, ETFs, and treasuries this month, with a broader launch in October.

International Business Times · Jul 24

Washington Is Weighing Curbs On Chinese AI. Nvidia, Microsoft And Meta Warn Open Models Shouldn't Be Included

Nvidia, Microsoft, Meta and more than two dozen technology companies are urging U.S. policymakers not to impose broad restrictions on open-weight artificial intelligence models, arguing that doing so could undermine American innovation and hand an advantage to foreign competitors.

International Business Times · Jul 24