Treasury Secretary Scott Bessent said stabilizing the country was in the United States’s interests. Critics say some investors may have also benefited.
Category: internal-storyline-no
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A Tough Job for Jay Powell at the Fed Gets Tougher
Some at the central bank don’t feel the need to cut rates further this year; others are worried about the jobs market. That complicates the job of Jay Powell, its chair.
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Oracle Fears Add to Doubts About the A.I. Rally
Investors worried about the financials of the technology giant’s cloud computing business, compounding broader worries about a sky-high stock boom.
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Is A.I. Investment Getting Too Circular?
Skeptics of a recent investment spree involving OpenAI and others say deals raise questions about the robustness of the artificial intelligence boom.
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OpenAI’s Team of Rivals Now Includes AMD and Nvidia
The artificial intelligence giant just announced a major partnership with AMD — weeks after striking a big deal with the chipmaker’s competitor, Nvidia.
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Government Shutdown Leaves Wall Street Without Jobs Data
Investors are grappling with a blackout of official government economic data that’s forcing them to rely more heavily on reports that usually get far less attention.
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The Consequences of Trump’s Setback at the Fed
A Supreme Court decision that keeps a Fed governor on the job for now could scramble President Trump’s effort to add more loyalists at the central bank.
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Markets Brace for the Costs of a Shutdown
An economic data blackout, potential delays to I.P.O.s, and a furlough tab of perhaps $400 million dollars a day could add volatility, investors fear.
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The Economic Stakes of a Government Shutdown
Investors have shaken off threats of damage from shutdowns before. But federal layoffs, pauses in economic data and more could make this time different.
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The Math Behind Adams’s Exit
Mayor Eric Adams’s abandoning his re-election bid may please some business leaders opposed to Zohran Mamdani. But it may not change the outcome of the race.
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Who Might the Trump Administration Go After Next?
The president suggested more foes, including the billionaire Democratic donors George Soros and Reid Hoffman, could face legal scrutiny. Could others follow?
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What a Potential Apple-Intel Deal Says About Trump’s Pull Over Big Tech
Talks about a potential investment by the iPhone maker raise further questions about the chip giant, which now has close ties to Washington.