China Markets Under Threat From Risk of Renewed US Trade War
(Bloomberg) — The prospect of a revived trade war between Beijing and Washington threatens to undermine this year’s…
Apple’s Health and Fitness Teams Report to Eddy Cue in Reshuffle
Apple is set to reorganize its health and fitness divisions under its Services group, according to a new…
Apple Stops Work on Lighter Vision Pro to Fast-Track AI Smart Glasses
Apple has decided to stop work on a cheaper, lighter version of the $3,499 Vision Pro to instead…
Australia’s Pension Funds May Amplify Stress in Liquidity Shock
People sit on a bench at Bondi Beach in Sydney, Australia. Photographer: Brent Lewin/Bloomberg (Bloomberg) — The vast…
Dmitry Balyasny Has 3 Pieces of Advice for Young Finance Professionals
Dmitry Balyasny said chasing a big paycheck is the wrong reason to get into finance, because people who…
Chinese Industrial Profits Jump in August, Reversing Drop
(Bloomberg) — Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and…
Apple reportedly made a ChatGPT-clone to test Siri’s new capabilities
In the pursuit of actually releasing the updated version of Siri the company promised way back at WWDC…
China’s banks face their ‘Japanification moment’, S&P report warns
China’s banks are edging towards their “Japanification moment”, as years of yielding margins to support the economy have…
Chinese Savers Have $23 Trillion and Few Options Beyond Stocks
(Bloomberg) — Chinese households are tiptoeing back into equities, driven in part by a stark reality: Almost nothing…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
NASA Scientist Starts Food Crisis Hotline With Tech Giant Funding
A wheat harvest in Ukraine. (Bloomberg) — Right after Russia’s full-scale invasion of Ukraine, crop scientist Inbal Becker-Reshef…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…