Nvidia pushes past $40 billion in AI equity investments this year, cementing its role as a major AI investor.

Kenya plans new taxes on mobile phones and banking fees to raise nearly $1 billion, aiming to slash fiscal deficit to lowest in a decade, Bloomberg reports

Kenya plans to impose taxes on mobile phones and banking fees to help raise nearly $1 billion in revenue as part of efforts to reduce the nation's fiscal deficit to its lowest in a decade and address debt challenges.

China pledges to ramp up efforts to defuse local government debt risks.

China pledged to step up efforts to defuse local government debt risks.

US male labor force participation rate hits lowest since 1948, excluding pandemic, per Labor Dept. data. Labor market has weakened since early 2025, with most jobs in female-dominated sectors.

The share of American men working or searching for a job hit the lowest level since 1948, aside from the pandemic, according to Labor Department data. The labor market has weakened since early 2025, with most job opportunities in sectors typically dominated by women.

China exports hit record $359.4B in April, surging 14.1% YoY despite Hormuz chaos, crushing forecasts of 6.9% growth.

Chinese exports surged 14.1% year-on-year in April to a record $359.4 billion, according to customs data, despite ongoing supply chain disruptions from the Hormuz Strait situation.