The Foreign Investors Who Bought the Recklessly Ballooning US Debt: July Update – Wolf Street
The recklessly ballooning US national debt is now just a hair away from ticking over $35 trillion. It has ballooned by $2.33 trillion in 12
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Three Major Takeaways From Big Banks’ Earnings – WSJ
Wall Street businesses boosted the earnings of big banks in the second quarter. Investment-banking and trading revenue rose at major U.S. banks including Goldman Sachs
Growing UK’s services-based economy was never going to be easy – The Guardian
I’m due a haircut and in the past week received a message from my barber containing the news that the price will be 10% higher
The global tech outage showed how we’re just one mistake away from chaos – CNN
In case recent events — an assassination attempt, a new Republican vice presidential nominee, the sitting president contracting Covid before dropping his reelection bid —
Google parent and Wiz end talks on $23bn deal – The Financial Times
Google’s parent company and Wiz have ended talks on a proposed $23bn acquisition, terminating what would have been the largest deal in the search group’s
The US Needs a Techno-Industrial Strategy
China’s efforts to shift its economic model toward advanced industries demand a powerful US response. By driving investments toward advanced manufacturing, pursuing a strategic trade
Why the Fed is waiting a bit longer to lower interest rates – The Financial Times
Ever since the Federal Reserve signalled that the rate-rising phase of its historic fight against inflation was over, attention has been focused on when —
At last, Wall Street has something to cheer – The Economist
Capital markets are twitchy. When interest rates spiked in 2022, their response was fast. Stocks plunged; bosses deferred plans to go public, issue stock and
How AI Brought 11,000 College Football Players to Digital Life in Three Months – WSJ
It has been over a decade since Electronic Arts EA -4.31%decrease; red down pointing triangle released a college football videogame. To get the likenesses of
Can the solar industry keep the lights on? – The Financial Times
Founded in Dresden in the early 1990s, Germany’s Solarwatt quickly became an emblem of Europe’s renewable energy ambitions and bold plan to build a solar