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—— EU to Fast Track Industrial Tariff Removal to Meet US Demands; China Hedge Funds Boost Equity Bull Run; Struggling NYC College to Sell Campus to CUNY; US Companies Plan Record Stock Buybacks; $7 Billion Penn Station Overhaul to Begin by End-2027; China Aims to Triple AI Chip Output Next Year 1. EU to Fast …

Continue reading “Market Beats | EU to Fast Track Industrial Tariff Removal to Meet US Demands; China Hedge Funds Boost Equity Bull Run; Struggling NYC College to Sell Campus to CUNY; US Companies Plan Record Stock Buybacks; $7 Billion Penn Station Overhaul to Begin by End-2027; China Aims to Triple AI Chip Output Next Year”

—— US Long Bonds Drop as Trump Targets Fed Governor Cook; Temu Resumes Direct Shipping From China; Nissan Shares Tumble After Mercedes-Benz Sells Entire Stake; French Borrowing Costs Surge as Government Confidence Vote Looms; Musk’s xAI Sues Apple and OpenAI Over Antitrust Violations; US Business Equipment Orders Rise in July; Apple to Unveil iPhone 17 …

Continue reading “Market Beats | US Long Bonds Drop as Trump Targets Fed Governor Cook; Temu Resumes Direct Shipping From China; Nissan Shares Tumble After Mercedes-Benz Sells Entire Stake; French Borrowing Costs Surge as Government Confidence Vote Looms; Musk’s xAI Sues Apple and OpenAI Over Antitrust Violations; US Business Equipment Orders Rise in July; Apple to Unveil iPhone 17 Lineup at Sept. 9 Launch Event”

—— Swiss Post to Halt Deliveries to the US; Seven-Year Car Loans Becoming the Norm in the US; Pinault Family Weighs Puma Sale; US New-Home Sales Beat Estimates in July; PDD Posts Revenue Beat but Faces Slowing Growth; US Regulators Probe Engine Failure Risk in 1.4 Million Honda Vehicles; AI Disrupts Software Industry 1. Swiss …

Continue reading “Market Beats | US New-Home Sales Beat Estimates in July; Swiss Post to Halt Deliveries to the US; Seven-Year Car Loans Becoming the Norm in the US; Pinault Family Weighs Puma Sale; PDD Posts Revenue Beat but Faces Slowing Growth; US Regulators Probe Engine Failure Risk in 1.4 Million Honda Vehicles; AI Disrupts Software Industry”

—— Nvidia Halts H20 Chip Production; Meta Hires Another Apple AI Executive; JPMorgan to Pay $330 Million to Malaysia to Settle 1MDB Claims; Novo Nordisk Slows Growth, Cuts Danish Employee Bonuses; US Mortgage Rates Hold Steady After Four Weeks of Declines; Powell Opens Door to September Rate Cut at Jackson Hole; Canada to Remove Some …

Continue reading “Market Beats | Powell Opens Door to September Rate Cut at Jackson Hole; Nvidia Halts H20 Chip Production; Meta Hires Another Apple AI Executive; JPMorgan to Pay $330 Million to Malaysia to Settle 1MDB Claims; Novo Nordisk Slows Growth, Cuts Danish Employee Bonuses; US Mortgage Rates Hold Steady After Four Weeks of Declines; Canada to Remove Some Retaliatory Tariffs on US Goods Ahead of USMCA Review”

—— US Jobless Claims Rise to Highest Since June; Former Top Adviser to NYC Mayor Adams Indicted Again; US Existing-Home Sales Rose Slightly in July; US and EU Eye Auto Tariff Cuts Within Weeks; Boeing Nears Potential 500-Jet Sale to China; New York Appeals Court Overturns $464 Million Penalty but Upholds Trump’s Fraud Liability; Anthropic …

Continue reading “Market Beats | US Jobless Claims Rise to Highest Since June; Former Top Adviser to NYC Mayor Adams Indicted Again; US Existing-Home Sales Rose Slightly in July; US and EU Eye Auto Tariff Cuts Within Weeks; Boeing Nears Potential 500-Jet Sale to China; New York Appeals Court Overturns $464 Million Penalty but Upholds Trump’s Fraud Liability; Anthropic Nears $10 Billion Funding Round, Boosted by Investor Demand”

—— Trump Buys Over $100M in Bonds; Fed Chair Contender Zervos: The Fed Has Never Been Independent, Powell Leaned Left; Citi Probed Wealth Chief Andy Sieg After Multiple Senior Complaints; FTC Sues LA Fitness Over “Onerous” Cancellation Policies; Judge Blocks Release of Jeffrey Epstein Grand Jury Transcript; Pension Funds and Family Offices Push Back Against …

Continue reading “Market Beats | Trump Buys Over $100M in Bonds; Fed Chair Contender Zervos: The Fed Has Never Been Independent, Powell Leaned Left; Citi Probed Wealth Chief Andy Sieg After Multiple Senior Complaints; FTC Sues LA Fitness Over “Onerous” Cancellation Policies; Judge Blocks Release of Jeffrey Epstein Grand Jury Transcript; Pension Funds and Family Offices Push Back Against Hedge Fund Fees”