Inside Microsoft’s Rush to Get Back Online After a Global Outage

The incoming majority is also planning aggressive oversight of the White House budget director, who appears to be working to install an ally to monitor the budget office’s handling of federal spending.

Many East Asians said that he had swagger and seemed like a superhero. Now there are worries that the spy scandal turns into hyper scrutiny against them.

The Treasury secretary blamed the department for not sanctioning the Singaporean firm and said that Nvidia employees should be held accountable if they sidestepped the law.

Mr. Huang championed start-ups, with Nvidia holding $48 billion worth of stakes in 229 private companies, including OpenAI and Anthropic, at the end of July.

From cider to candy canes: What people are emergency stockpiling

The Federal Reserve will vote on interest rates less frequently beginning next year as part of a plan by the central bank’s chairman, Kevin M. Warsh, to overhaul how it operates.

The ex-Nvidia C.E.O. was a bridge between companies and governments. His exit will reverberate, especially in China where it could accelerate a self-reliance drive.

The average 30-year, fixed-rate home loan fell slightly, to 7.11 percent, pushing buyers and sellers to the sidelines until conditions improve.

Shopworkers in Scotland say they're facing rising levels of violence, including attacks with harpoon guns and machetes, as reports of shoplifting rise dramatically.

Critics say Howard Lutnick, the commerce secretary, and his department have shielded Nvidia as concerns have grown over A.I. chip sales to firms like Megaspeed.

The ouster of Jensen Huang from the chipmaker he helped found is reverberating throughout Silicon Valley, Washington and beyond.

Jensen Huang's personal life may have triggered the crisis, but the questions now reach into the White House itself.