The chip manufacturer, headquartered in the Dutch city of Nijmegen, was acquired in 2019 by state-backed Chinese semiconductor firm Wingtech.
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The gold standard hasn’t made a comeback, but the precious metal’s price is breaking records as confidence in the US dollar fades.
The report cautions tariffs are driving inflation higher and says companies are grappling with whether to pass the costs to consumers.
The announcement comes months after Apple said it’d invest $100 billion in US factories as part of its “American Manufacturing Program.”
Shares of the crop trading and processing giant soared as POTUS threatened “retribution” over China’s de facto US soybean embargo
It’s not all sunshine and roses, however, with economists still flagging rising inflation and a weakening labor market going forward.
Whatever they say, consumers’ actual spending has remained rock solid, even if sentiment is yet to return to prepandemic levels.
Is Wall Street’s golden ratio, the 60/40 division of portfolios between stocks and bonds, losing its luster?
New private sector data that suggests the labor market is hurting may become especially influential with Bureau of Labor Statistics data likely on hold amid the government shutdown.
Fitting for 2025, a government shutdown is all but guaranteed to deliver even more uncertainty into the macroeconomic mix.
The roaring August demand put a serious dent in the glut of new homes on the market, with inventory falling to the lowest level this year.
In a speech in Rhode Island, Jerome Powell reminded Wall Street and the world that The Fed remains in a “challenging situation.”
American Express justifies the hike with more than $3,500 in benefits, including credits that go towards dining, flights, and entertainment.
An interest rate cut would mean a lot of things: one undoubtedly good one would be a housing market more welcoming to buyers.
The Federal Reserve is poised to cut interest rates this week, but whether the era of “higher-for-longer” rates is over is another matter.
The return-to-office orders have taken on new weight amid a softening labor market and broader economic anxiety.