China positions itself as force for global stability at its annual Congress

BEIJING (AP) – While much of the world’s attention is on the Iran war, that hasn’t stopped China from moving ahead with national priorities with global repercussions. Not that China doesn’t care about the war and its impact on energy supplies and geopolitics. But for the world’s second largest economy, it revolves around the development of the cutting-edge technologies.

Ships identify themselves as Chinese around Strait of Hormuz

HONG KONG (AP) – Some commercial ships near or in the Strait of Hormuz and Persian Gulf have declared themselves as China-linked since the Iran war began, marine traffic data show, as their operators apparently try to reduce risks of being targeted in attacks.

Editorials from The Washington Post, The New York Times, The Guardian and others

Editorials from The Washington Post, The New York Times, The Guardian and others

US applications for unemployment benefits inch down to 213,000

WASHINGTON (AP) – U.S. applications for unemployment benefits inched down modestly last week as layoffs remain at historically healthy levels despite a weakening job market. The number of Americans filing for jobless aid for the week ending March 7 fell by 1,000 to 213,000 the previous week, the Labor Department reported Thursday.

South Korea Approves Pledge of $350 billion in US investments

SEOUL, South Korea (AP) – South Korean lawmakers on Thursday passed a law to implement a pledge of $350 billion in U.S. investments Seoul made last year to avoid the Trump administration’s highest tariffs.

Microsoft and retired military chiefs back Anthropic in fight against Pentagon

Microsoft and a group of retired military leaders are throwing their weight behind Anthropic in asking a federal court to block the Trump administration’s designation of the artificial intelligence company as a supply chain risk.

Inflation held steady last month, but before the attack on Iran

KANSAS CITY (AP) – Inflation remained stubbornly elevated last month as gas prices rose, but it’s a snapshot of consumer prices before a U.S.-Israeli attack on Iran sent energy costs soaring. Consumer prices rose 2.4% in February compared with a year earlier, the Labor Department said Wednesday, matching January’s increase.

Oil shock from Iran war prompts countries to open strategic reserves

NEW YORK (AP) – A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. The International Energy Agency agreed on Wednesday to release the largest volume of emergency oil reserves in its history, to make 400 million barrels of oil available.

Virginia has a data center boon. Officials debate if it's time to scrap tax breaks

RICHMOND, Va. (AP) – Nearly two decades ago, Virginia gave tech companies a tax break on equipment and software, and they began to build. The state became a data center hub, and they kept building. Residents bemoaned the noise while they built some more. Artificial intelligence boomed, and the power grid strained – still, more building.