What's breaking now, across thousands of outlets.
The personal consumption price index in August was better than expected. After a weak start to the week, the Wall Street got a boost. Markus Koch warns, however, that the stock market is in worse shape than the indexes indicate.
We haven't written up this one. Handelsblatt has the full story — the link below goes straight to it.
This is one outlet's version. Read the fullest account.
Key PointsAI data centers' demand for high bandwidth memory is reshaping Micron's traditionally cyclical business into a more durable growth story.
GoldBod exceeded its September FX target by US$471 million and projects US$1.5 billion for October.
Tesla is significantly increasing capital spending to transform the EV maker into a leader in humanoid robots and AI
Important economic data are helping the US stock markets to make a positive turnaround. Nevertheless, interest rate expectations remain constant: investors expect another interest rate hike by the Fed.
Hong Kong commercial banks continue to offer incentives to attract mainland visitors during the first golden week after Beijing tightened cross-border investment rules and enforced the collection of a 20 per cent levy on overseas investment or insurance gains.
The US tax code has become a complex system of credits and deductions costing $2.3 trillion a year. Bloomberg Opinion columnist Kathryn Anne Edwards why Congress may need to rethink those tax breaks to address America’s debt problem. (Source: Bloomberg)
