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Stocks Slip as Fed Signals and Key Inflation Data Loom: Nvidia Rallies, Meta Unveils AR Push

Sep 26, 2024 03:18 am UTC| Economy

The SP 500 fell on Wednesday as investors paused to assess the recent market rally, with a focus on upcoming inflation data and potential signals from the Federal Reserve regarding interest rate policy. Nvidia...

China’s Aggressive Monetary Easing Misses Key Challenge: Weak Consumer Demand Threatens Growth

Sep 25, 2024 22:00 pm UTC| Economy

Chinas latest monetary easing policies have failed to address the economys core challenge: persistently low consumer demand. While liquidity injections by the Peoples Bank of China have boosted market sentiment, analysts...

Australia Inflation Drops to 3-Year Low in August, Core Rate Remains Above Target

Sep 25, 2024 21:48 pm UTC| Business Economy

Australias consumer inflation reached a three-year low in August, driven by falling diesel prices and electricity rebates. Despite this, core inflation remains above the Reserve Bank of Australias 2-3% target, complicating...

Global Geopolitics Series

바이든의 자동차 기술 금지, 중국 전기차 견제하는 강력한 무기

Sep 25, 2024 02:45 am UTC| Economy Business

바이든 행정부가 중국의 커넥티드카 기술을 금지하는 제안을 내놓으며, 저가의 중국 전기차(EV) 공세에 대응하기 위한 가장 강력한 무기를 제시했다. 미 상무부는 월요일(현지시간), 하드웨어와 소프트웨어에 대한 금지를 발표하며,...

Fed 보우만, 인플레이션 위험 지속, 금리 인하 신중 필요

Sep 25, 2024 02:45 am UTC| Economy

미국 연방준비제도(Fed)의 미셸 보우만 이사는 화요일(현지시간) 주요 인플레이션 지표가 여전히 Fed의 2% 목표치를 불편할 정도로 상회하고 있어 금리 인하를 진행하는 데 있어 신중함이 필요하다고 밝혔다. 보우만 이사는 2022년...

미국 7월 주택 가격 소폭 상승

Sep 25, 2024 02:45 am UTC| Economy

미국 단독주택 가격이 7월에 소폭 상승했으나, 공급 개선으로 전반적인 상승세는 둔화되고 있다. 이는 주택 구입 비용을 줄여줄 완화된 주택담보대출 금리와 함께 주택 구입을 더 저렴하게 만들 수 있을 것으로...

멕시코 인플레이션 예상치 하회, 금리 결정 앞둬

Sep 25, 2024 02:44 am UTC| Economy

로이터 통신에 따르면, 멕시코의 연간 인플레이션이 9월 상반기에 예상보다 더 크게 둔화되어, 이번 주 예정된 중앙은행 금리 인하 가능성을 높였다. 멕시코 통계청(INEGI)은 라틴아메리카 2위 경제국인 멕시코의 9월 상반기 12개월...

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Economy

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

The Bank of Japan (BOJ) is widely expected to raise interest rates to a three-decade high, marking another milestone in its gradual exit from ultra-loose monetary policy. At the conclusion of its two-day meeting on Friday,...

Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement

Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday that recent inflation data has been encouraging, raising the possibility of additional interest rate cuts next year if current trends continue....

Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision

Japans consumer price inflation remained largely steady in November, reinforcing expectations that the Bank of Japan (BOJ) will proceed with a long-anticipated interest rate hike as it seeks to control persistent price...

Politics

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

Brazilian Finance Minister Fernando Haddad confirmed on Thursday that he will not run for public office next year, putting an end to months of speculation surrounding his political future. Speaking at a press conference,...

Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. has moved to significantly restrict childrens access to gender-affirming care, marking one of the most far-reaching actions yet by the Trump administration...

Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

Washingtons decision to expand U.S. travel restrictions to include Antigua and Barbuda and Dominica is raising serious concerns across the Caribbean, where access to the United States plays a vital role in tourism,...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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