Business

Where we stand on Broadcom after Marvell muscles in on its key customer Google

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Treasury Bond Buybacks Evoke Memory of Fed’s ‘Operation Twist’

The Trump administration’s surprise move to ramp up buybacks of long-dated Treasuries is drawing parallels with the Federal Reserve’s “Operation Twist,” a strategy that was last deployed in 2011 to pull down bond yields.

US long-term borrowing costs ease after government steps in

It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.

Around 2,000 metric tons of wheat shipped from Russia to Armenia via Azerbaijan

Last October, Azerbaijan lifted its ban on the transit of goods bound for Armenia through its territory

Gen Z used to embrace AI. Now most young adults fear it will steal their jobs.

As new college grads face elevated rates of unemployment, concern about AI’s impact on jobs is spiking among young Americans.

NASA, Katalyst call off SWIFT rescue mission over issues with rescue craft in space

AI Chip Startup Fractile in Talks for $6.5 Billion Value After Anthropic Deal

Fractile, a startup developing chips tailored for artificial intelligence use that has a deal to supply Anthropic PBC, is in advanced talks to notch a valuation more than six times higher than the price it landed in May.

Fed officials express rising concern over persistently high inflation

Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs

Global yields fall after US Treasury boosts debt buybacks

Fed Minutes Show Many Officials Wanted Rate Hike in July

Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline, a record of the central bank’s most recent policy debate showed. The next…

Russia’s grain harvest to reach 100 mln metric tons in coming days

Russian Agriculture Minister Oksana Lut noted that the volume harvested this year is higher than last year

TrueCar CEO Sees Auto-Industry Peril as Tariff Threat Sows Doubt

TrueCar Inc. Chief Executive Officer Scott Painter warned that US-Canada trade uncertainty poses a greater threat to the auto industry than tariffs themselves because it upends manufacturers’ decision-making ability.