This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
A soft labor market report reduces fears of a near-term rate hike.
AI-related companies accounted for three-quarters of the S&P 500’s gains over the past year and 80 percent of the index’s earnings growth.
AI growth is constrained by memory and computing restrictions, as the backlog to build more data centers is still growing.
Bessent confirmed that the United States participated in ‘coordinated foreign exchange actions’ that ‘countered disorderly yen movements.’
The company raised around $1 billion in its IPO at a valuation of approximately $6.7 billion.
Microsoft’s and Amazon’s quarterly results eased market anxiety about technology companies’ heavy AI spending.
From a strong U.S. economy to a restrictive Fed policy, the dollar is enjoying various tailwinds.
The reason Britain gets a new Prime Minister almost every year is due to the bond vigilantes squelching their government spending proposals.
Health of the AI spending boom could also influence the U.S. credit outlook.
Much of the growth came from businesses outside their traditional consumer lending operations.
