Previously, both of them were absent from the G20 summit this weekend. The Chinese leader cited the anti-fascist alliance between the two countries during World War II and urged both sides to work together to “defend the fruits of victory in World War II”. A few hours after that phone call ended, Trump had […]
President Donald Trump said on Sunday that he has decided on his pick for the next chair of the Federal Reserve and made it clear that he wants his nominee to lower interest rates. “I know who I’m going to pick. That’s right,” Trump told reporters on Air Force One as he returned to Washington, […]
Russian President Vladimir Putin said that the proposal put forward by US President Donald Trump to end the war in Ukraine could serve as the basis for a future agreement, but there is no final version yet. At the same time, he also expressed his willingness to negotiate. Putin said at a press conference after […]
Investors are betting that the Federal Reserve will cut interest rates again at its policy meeting next month, which has dispelled the doubts about the prospects of rate cuts that still existed last week and laid the foundation for the rise in US bonds. Over the past three trading days, the new open interest of […]
According to informed sources, as the search for the new chairperson of the Federal Reserve enters its final weeks, Kevin Hassett, director of the White House National Economic Council, is regarded by President Donald Trump’s advisers and allies as a leading candidate for the position of the next chairperson of the Federal Reserve. Anonymous insiders […]
According to The Information, Meta Platforms Inc. is in talks to spend billions of dollars to purchase Google’s artificial intelligence chips, indicating that the Internet search giant has made progress in creating products to compete with the industry’s best-selling artificial intelligence accelerators. The share price of Nvidia Corporation dropped due to this news. According to […]
US Secretary of State Marco Rubio said that the November 27 deadline set by President Donald Trump for Ukraine to support the US-backed peace plan is not set in stone and could be pushed back to next week, meaning there is still a lot of work to be done. Before Rubio issued his cautious warning, […]
Global stock markets saw selling continue for a fourth day as investors sold off riskier assets ahead of Nvidia’s earnings report and a key US jobs report later this week amid concerns over high valuations in technology stocks. The MSCI All Country World Index hovered near a one-month low. Asian stocks fell 1.2%, with technology […]
Nvidia released unexpectedly strong revenue forecasts and dismissed claims of a bubble in the artificial intelligence industry, easing concerns that had spread across the entire technology sector. The world’s most valuable company is expected to report sales of approximately $65 billion for the January quarter, about $3 billion higher than analysts’ forecasts. Nvidia also said […]
Some policy makers at the Federal Reserve have stepped up their warnings that the inflation process may slow down or stall, casting doubt on the prospect of another rate cut in December and exposing the deepening rift within the central bank. Officials generally believe that the labor market has cooled down, but they are divided […]