China’s Shift to Local Chips Gains Momentum
Ryan McMorrow and Eleanor Olcott of the Financial Times report that China has finally said aloud what was once only discussed behind closed doors: the country...
TSMC in Talks with Nvidia to Make Blackwell AI Chips in Arizona
Wen-Yee Lee and Fanny Potkin of Reuters report that TSMC is in talks to produce Blackwell AI Chips for Nvidia in Arizona. They write:
Taiwan...
The Story of Roger Babson and the Great Depression
After successfully predicting the crash that led to the Great Depression, Roger Babson was vilified as though he were its cause. At Doug Casey's...
Jobless Claims Show Economy Steady for Now
Jeffry Bartash of MarketWatch reports that most businesses are reluctant to reduce staffing. Bartash writes:
The number of Americans who applied for unemployment benefits during...
Oil Prices Flat After OPEC+ Delays Production Increases
William Wates of MarketWatch reports that a decision by OPEC+ to delay production increases bought some time for the oil cartel, but producers could...