Dec 4, 2024 | Markets
Sticky inflation suggests Fed has little room to ease below 4% Persistent deficits warrant more yield to own Treasuries: BII Investors should favor global bonds over longer-dated US Treasuries, with sticky inflation forcing the Federal Reserve to the sidelines next...
Dec 4, 2024 | Markets
The deal marks the ChatGPT maker’s biggest push yet into the defense sector. OpenAI is partnering with Anduril Industries Inc. to incorporate its artificial intelligence technology into the weapons maker’s anti-drone systems, marking the AI developer’s most...
Dec 2, 2024 | Markets
A joint venture between Samsung SDI Co. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.5 billion in financing from the Biden administration. The conditional loan to StarPlus Energy LLC would fund as many as two lithium-ion...
Dec 2, 2024 | Markets
Comments by Trump suggest lack of confidence in dollar: Setser Greenback accounts for almost 90% of all currency trades: BIS Donald Trump’s fresh pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks...
Dec 1, 2024 | Markets
Trump has said he wants US dollar to remain reserve currency US president-elect reiterates threat to impose ‘100% tariffs’ US President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new...