Powell says there’s no rush to ease more given strong economy
By Reuters February 11, 2025 Feb 11 (Reuters) – The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is “strong overall,” with low unemployment and inflation that remains above the Fed’s 2% target, Fed Chair Jerome Powell said in opening remarks prepared for delivery at a Senate […]
Apple will spend more than $500 billion in the U.S. over the next four years
February 24th, 2025 Teams and facilities to expand in Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington Plans include a new factory in Texas, doubling the U.S. Advanced Manufacturing Fund, a manufacturing academy, and accelerated investments in AI and silicon engineering CUPERTINO, CALIFORNIA Apple today announced its largest-ever spend commitment, with plans […]
TSMC’s Sales Quicken in First Two Months in Upbeat Note for AI
Summary by Bloomberg AI Taiwan Semiconductor Manufacturing Co.’s revenue increased 39% in the first two months, driven by resilient demand for AI chips. The company’s sales are a barometer for the sector, and its growth is seen as a sign of healthy spending on artificial intelligence computing. However, TSMC faces uncertainty in 2025, including the […]
US Services Expand at Faster Pace on Robust Employment Growth
Summary by Bloomberg AI The Institute for Supply Management’s gauge of services advanced to 53.5 in February, exceeding economists’ expectations and signaling growth. The group’s index of services employment climbed to 53.9, the highest since December 2021, and a measure of costs paid for materials and services increased to one of the firmest readings since […]
Global shares to keep rising, say strategists unbothered by trade friction
Reuters by Ross Finley February 27, 2025 LONDON, Feb 27 (Reuters) – Stock market strategists are sticking to their positive view on the performance of global equity markets, expecting solid gains in even the most beaten-down indexes in India and Japan, according to the latest quarterly Reuters polls. The United States under President Donald Trump […]
Morning Bid: Ukraine ceasefire hopes soften US inflation blow
By Jamie McGeever February 12th, 2025 Feb 13 (Reuters) – A look at the day ahead in Asian markets. Investors banking on the recent decline in U.S. bond yields and the dollar underpinning a rally across risk assets got a stark reminder in the shape of punchy U.S. inflation on Wednesday that interest rates won’t be coming down any […]
Donald Trump’s trade remedies reflect America’s troubled reality
“Our partners shouldn’t blame us for a shift aimed at solving the problems they have helped cause” by Robert Lighthizer Financial Times October 31 2024 Critics of Donald Trump’s popular tariff proposals claim they will be inflationary and harm the economy. The fact that this never happened during Trump’s first term, when we raised tariffs, […]
What Americans Need to Know About the US Deficit and Impact
The Penn Wharton Budget Model excellent article outlining what Americans Face to address and solve the US Deficit Crisis- Why the US Government must act now. Click Link Below: What Americans Need to Know about the US Debt and its Consequences
Trump 2.0 Flatter and Fatter Distribution Outcome
Donald Trump’s First Term Accomplishments versus Second Term Opportunities: Less Levers to Pull Christopher Combs Chief Capital Market Strategist Silicon Valley Capital Partners Donald Trump’s second term as President of the United States begins under markedly different economic conditions than his first. The economic backdrop of January 2017 offered distinct advantages compared to January 2025, […]
US Services Activity Expands by Most in More Than Three Years
Vince Golle Bloomberg December 16, 2024 Activity at US service providers is expanding at the fastest pace since October 2021, providing momentum for the economy even as the downturn in manufacturing worsens. The S&P Global flash December index for service providers increased to 58.5 from 56.1. A figure exceeding 50 indicates expansion. The group’s composite […]