Author: usaeverydaylife

Head of the International Department of the Communist Party of China Liu Jianchao speaks during the 13th World Peace Forum in Beijing on July 3, 2025.Wang Zhao | Afp | Getty ImagesLiu Jianchao, a senior Chinese diplomat widely seen as a potential future foreign minister, has been taken away by authorities for questioning, the Wall Street Journal reported on Sunday.Liu was taken away after returning to Beijing in late July from an overseas work trip, WSJ reported, citing people familiar with the matter.China’s State Council Information Office, which handles media queries for the Chinese government, and the Chinese Communist Party International Liaison Department did…

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A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty ImagesChina wants the United States to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit between Presidents Donald Trump and Xi Jinping, the Financial Times reported on Sunday.Chinese officials have told experts in Washington that Beijing wants the Trump administration to relax export restrictions on high-bandwidth memory chips, the newspaper reported, citing unnamed people familiar with the matter.The White House, State Department and China’s foreign ministry did not…

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A guest wears red knitted Gucci x Adidas sweater, outside Bluemarble, during the Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 26, 2025 in Paris, France.Claudio Lavenia | Getty Images”Loud luxury” is poised for a comeback as ailing fashion houses attempt to inject a sense of newness and novelty into their designs to win over weary shoppers.A flurry of new creative directors at brands including Gucci, Chanel and Versace, and the arrival of new Kering CEO Luca de Meo, are seen phasing out “quiet luxury” subtlety in favor of statement styles, in what analysts say could…

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German Chancellor Friedrich Merz stands next to French President Emmanuel Macron as he welcomes him for bilateral talks at Villa Borsig in Berlin, Germany on July 23, 2025.Lisi Niesner | ReutersEuropean officials presented their own Ukraine peace proposals to the United States on Saturday as President Donald Trump prepared for talks with Russian President Vladimir Putin on ending the war.Trump plans to meet Putin in Alaska on August 15, saying the parties, including Ukrainian President Volodymyr Zelenskyy, were close to a deal that could resolve the three-and-a-half-year conflict.Details of the potential deal have yet to be announced, but Trump said…

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President Volodymyr Zelenskyy attends the European leaders’ summit to discuss European security and Ukraine, at Lancaster House in London, Britain, March 2, 2025. Javad Parsa | Via ReutersWASHINGTON — The White House is considering inviting Ukrainian President Volodymyr Zelenskyy to Alaska, where President Donald Trump is scheduled to meet with Russian President Vladimir Putin next week, according to a senior U.S. official and three people briefed on the internal discussions.”It’s being discussed,” one of the people briefed on the discussions said.The senior U.S. official and people briefed on the discussions said no visit has been finalized and that it’s unclear if…

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To be considered wealthy in the U.S., Americans say you need a net worth of $2.3 million in 2025 — but that number can be even higher depending on where you live.It’s down from $2.5 million last year, according to Charles Schwab’s latest Modern Wealth Survey, which polled 2,000 adults nationwide between April 24 and May 23.While the wealth benchmark has decreased, nearly two-thirds of respondents say it feels harder to reach. Inflation, high interest rates and broader economic uncertainty were the most commonly cited reasons.Here’s how much Americans say you need to be considered wealthy, by region:West: $3 millionNortheast:…

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Ukraine’s President Volodymyr Zelenskyy defiantly declared Saturday that his countrymen “will not give their land to occupiers,” after President Donald Trump suggested that a peace deal would include some “swapping” of territories with Russia.”The answer to Ukraine’s territorial question is already in the constitution of Ukraine,” Zelenskyy said in a message on Telegram early Saturday. “No one will and no one can deviate from it. Ukrainians will not give their land to the occupier.”His comments came after Trump announced on Truth Social that a long-awaited meeting with Russian President Vladimir Putin had been scheduled for next Friday in Alaska.Further details and logistics of the meeting are still unclear…

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Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024.Kent Nishimura | Bloomberg | Getty ImagesThe Federal Reserve’s vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her concerns about labor market fragility and strengthens her confidence in her own forecast that three interest-rate cuts will likely be appropriate this year.Bowman was one of two Fed governors to dissent last month against the U.S. central bank’s decision to leave short-term borrowing costs in the 4.25%-4.50% range where they have been since December. Most Fed…

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Plenty of kids would rather sit in front of their phone screen than play a sport, pick up an instrument or read a book.They might be modeling that behavior from their parents, bestselling author and podcast host Mel Robbins said during a panel discussion hosted by Verizon on Wednesday. She spoke from personal experience, she added: Robbins would lose herself in her iPhone for extended periods of time, and then look up to see her kids buried in their own devices.”I used to be the kind of person who always had [my phone] in my hand,” said Robbins, 58. “I…

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Pooja Tripathi might not have become a successful comedian if she hadn’t quit her corporate marketing job in the middle of a meeting in 2018.By then, Tripathi had spent five years working in the fashion industry, but felt defeated after dealing with a toxic boss, she says. One morning, in a last-minute meeting, her boss started personally insulting Tripathi in front of her manager. She’d watched her coworkers experience similar bullying in the past — and decided to quit the job, where she earned a mid-five figure salary, on the spot, she says.”Having a job everyone thinks sounds cool ……

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