Fed’s Bowman warns against hiking interest rates due to inflation spike
Federal Reserve Governor Michelle Bowman on Friday cautioned against raising interest rates to address the current spike in prices. With
Read More
Finance
States have lost $1 billion due to prediction markets: Gaming association
The American Gaming Association now estimates that states have missed out on more than $1 billion in tax revenue due
Read More
Nio shares jump 10% after releasing first flagship EV in more than two years
Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be a representative
Read More
Taiwan chip stocks climb after Nvidia announces $150 billion spending
Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May 27, 2026.
Read More
Jamie Dimon says JPMorgan Chase could do $20 billion acquisition
JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank could spend up to $20 billion on an acquisition in
Read More
Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Piper Sandler isn’t buying the talk that an Iran deal is nearing, telling clients that the Strait of Hormuz will
Read More
European companies double down on China manufacturing despite EU de-risking push
Steam cracker units at the BASF Zhanjiang Verbund site in Zhanjiang, Guangdong province, China, on Thursday, March 26, 2026. Bloomberg
Read More
Traders share Pope Leo’s worries on AI’s job market impact
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025. Massimo Valicchia
Read More
Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up
Tingbo He, president of Huawei semiconductor, presents at an industry conference in Shanghai on May 25, 2026. Huawei SHANGHAI —
Read More
Three signs from APEC that the U.S., China remain far apart on trade
China’s Commerce Minister Wang Wentao held a press conference on May 23, 2026, at the end of the APEC trade
Read More