On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
The accelerating loss of Himalayan glaciers is changing the region’s water security risk from a distant environmental concern into a growing economic and livelihood problem. New assessments show that glaciers across the Hindu Kush Himalaya are losing ice at an… Read More ›
The US Federal Reserve is approaching a potentially important shift under Chairman Kevin Warsh, with stubborn inflation and renewed energy costs making an interest rate increase increasingly likely. The significance of the expected move extends beyond the quarter-point adjustment itself…. Read More ›
The latest decline in the S&P 500 software sector is revealing a deeper change in how investors value traditional software companies in the artificial intelligence era. The immediate trigger was the release of OpenAI’s latest model, GPT-6 Astra, which revived… Read More ›
The approach of the 10 year US Treasury yield toward 5 percent is becoming a test for an unusually expensive and heavily leveraged financial system. The yield recently reached about 4.8 percent, its highest level since October 2023, bringing investors… Read More ›
A broad selloff in government bonds is revealing a deeper problem in global financial markets: investors are demanding greater compensation to lend to governments at a time when inflation risks remain unsettled, public debt is high and the supply of… Read More ›
The artificial intelligence boom is increasingly becoming a race to secure something far less visible than advanced processors: electricity, transformers and cooling capacity. While Nvidia and other chipmakers remain the most prominent beneficiaries of the surge in AI spending, the… Read More ›
Chevron is deepening its commitment to Venezuela at a moment when the country’s long-neglected oil industry is being repositioned as a major target for international investment. The US energy major plans to invest more than $7 billion over five years… Read More ›
The latest escalation in the Canada-US trade dispute is exposing a basic reality of tariffs: the financial burden does not stop at the border. Although governments impose tariffs on imported goods, the eventual cost can be divided among importers, manufacturers,… Read More ›
The case of former White House teleprompter operator Gabriel Perez is unusual because the alleged trading advantage came from an exceptionally close position to President Donald Trump. Perez was not simply a government employee with access to routine documents. According… Read More ›
A small but persistent group of American restaurants is removing tipping from the dining experience and putting more of the cost of service directly into menu prices. The decision is not simply a response to customer frustration over increasingly frequent… Read More ›
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