Posts

China's Xi urges AI cooperation, rejects ‘Cold War mentality’ at SCO summit

It is unclear if the SCO summit will pave the way for any breakthroughs in easing tensions, though Beijing has sought to cast itself as a global peacemaker. from Finance https://ift.tt/kq6B5nl via IFTTT

This Chinese property stock is defying the slump and poised to soar, Barclays predicts

One Chinese property company is not only defying the market slump but also returning money to shareholders. from Finance https://ift.tt/ltAubyk via IFTTT

'We shouldn't ignore this:' Longtime investor Rebecca Patterson warns Trump could damage Fed independence

Politicizing the Fed could have long-term economic consequences, according to former Bridgewater Associates chief investment strategist Rebecca Patterson. from Finance https://ift.tt/H2wWZ8P via IFTTT

Here's what it really means for Trump to get control of the Federal Reserve board

Since taking office in January, Trump has placed the Fed directly in the crosshairs of executive power. from Finance https://ift.tt/18Y2hti via IFTTT

Fed's Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further

Waller said he believes the Fed can use its power over rates to stave off further labor market weakening. "So, let's get on with it," he said. from Finance https://ift.tt/Zbp0WHy via IFTTT

How Italy's banking M&A wave started crashing

The merger fever that's gripped Italy's banking sector showed signs of abating this summer — but its end isn't nigh. from Finance https://ift.tt/hnN4HGu via IFTTT

Affirm's stock soars 15% on earnings, revenue beat

Affirm's earnings per share of 20 cents for the quarter was almost double what Wall Street expected. from Finance https://ift.tt/AuQn70O via IFTTT