An Asian institutional client pulled $52 billion from the asset manager during the second quarter, crimping…
Day: July 15, 2025
The Secret to Better Airplane Navigation Could Be Inside the Earth’s Crust
With GPS increasingly vulnerable to tampering, planes need more reliable navigation systems. The magnetic pull in…
Nvidia Can Sell AI Chip to China Again After CEO Meets Trump
The U.S. will grant licenses for the H20 chip after it had announced restrictions in April.
Apple Commits $500 Million for Rare-Earth Magnets From U.S. Supplier
MP Materials will supply Apple with magnets it produces at a Texas facility, expanding Apple’s U.S.…
Nvidia’s China Troubles Aren’t Over
The AI chip giant is cheering now, but the celebration may be short.
Trump Touts Billions in Investments to Create AI Hub in Pennsylvania
The commitments are part of a campaign to transform the Steel City and surrounding areas.
Calls for Greater RBA Board Transparency Set to Grow
The intense upset sparked by the outcome of the central bank’s recent policy meeting could fuel…
Europe’s Factories Boosted by Tariff Frontrunning as August Deadline Looms
Industrial production increased 1.7% in May as the eurozone partly rebounded from a tariff-induced slump.
Canada Inflation Accelerates in June, Likely Keeping Central Bank On Sidelines Again
Inflation in Canada picked up in June despite only limited signs companies have begun passing tariff…
JPMorgan CEO Jamie Dimon sounded Wall Street’s clearest warning against the Trump administration’s attacks on Fed Chair Jerome Powell
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.