Trump

Markets

Sovereign Debt Concerns Linger as Global Bond Rout Loses Steam

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In the last decade, global government bonds with maturities over 10 years suffered a median loss of 2% in September, according Bloomberg.

2 min read

Photo via GDA Photo Service/Newscom

Blockchain

Winklevoss Twins Seek $2.2 Billion Valuation for Gemini IPO

The pair invested early in bitcoin, becoming some of the world’s first bitcoin billionaires and launching Gemini in 2014.

2 min read
Photo via David Vives

Economics

US Economy Is Growing More Quickly than Washington Realized

Two key forces were to thank: consumers, who spent more than original estimates, and businesses, which did the same.

2 min read
Photo via Jameson_Wu

Semiconductors

Do China and Nvidia Still Need Each Other?

Nvidia reported zero Q2 sales of the H20 chip to China. It’s the latest sign of China’s decreasing dependence on the company.

2 min read

International Economics

US Slaps Crushing 50% Tariffs on India in Proxy Strike at Russia

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India now sources 39% of its crude oil from Russia, compared to just 1% before Russia’s invasion of Ukraine.

2 min read

Photo via Gent Shkullaku/ZUMAPRESS/Newscom

Finance

CFPB Rewrites Open Banking Rule as Banks Feud with Fintechs Over Your Data

The “open banking” rule goes back to the 2010 Dodd-Frank Act that introduced sweeping financial reforms after the Great Recession.

2 min read
Photo via Alexander Shcherbak/ZUMAPRESS/Newscom

Technology

Samsung Chips Away Bigger Share of US Smartphone Market

Samsung’s growth come directly at the expense of Apple, which now holds less than half of US market share.

2 min read
Photo via Liu Junfeng/VCG/Newscom

Semiconductors

SoftBank Acquires a 2% Stake in Embattled Intel

The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, firm.

2 min read

Industrials

Brokers Chafe Under Abrupt Expansion of Steel, Aluminum Tariffs

Photo by Vincent Botta via Unsplash

President Trump placed 25% tariffs on aluminum and steel imports in March via executive order, before hiking the rate to 50% on Tuesday.

2 min read

Semiconductors

Intel’s CEO Lands in a Political Hot Seat Over Connections With China

Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Chip industry veteran Lip-Bu Tan was supposed to fix the company’s problems. Now, Tan has become the company’s problem.

2 min read

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