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…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Larry Summers (Bloomberg) — Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too…
Tesla exec says the company will redesign door handles that reportedly pose safety risks
Yesterday, the US National Highway Traffic Safety Administration opened an investigation into Tesla following a report by Bloomberg…
US Short-Term Rate Jumps to Year High as Funding Strains Grow
The US Treasury building in Washington. (Bloomberg) — A key interest rate for the US financial system jumped…
China’s stock rally poised to run on as household savings pour into equities
Households continued to shift money into mainland China’s US$12.7 trillion stock market last month, suggesting that a rally…
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,…
China’s bull run tests regulators as Beijing aims to guide US$12 trillion stock market
Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil…
Apple Watch Ultra 3 Expected to Boast These 3 Display Upgrades
Apple today will unveil a third-generation Apple Watch Ultra a bigger screen, according to Bloomberg’s Mark Gurman. The…
Yen Weakens as Ishiba’s Resignation Threatens Long-Bond Selloff
Shigeru Ishiba departs after resigning during a news conference in Tokyo, on Sept. 7. (Bloomberg) — Japanese markets…
The Ivalice Chronicles team had to remake the original Final Fantasy Tactics’ source code from scratch
The Square Enix team behind Final Fantasy Tactics — The Ivalice Chronicles didn’t just remaster the iconic strategy…
Alphabet Within Striking Range of $3 Trillion as Key Risk Clears
(Bloomberg) — Alphabet Inc. shares are suddenly unshackled after a long-awaited antitrust ruling removed a key risk that’s…