Business, General, News The popular ‘carry trade’ is unwinding — and economists fear Fed rate cuts could make matters worse August 6, 2024 The warning comes as market participants seek to aggressively roll back on carry trades following a dramatic global sell-off in risk assets.
Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe Trump has reiterated a warning that he will soon impose “fairly substantial” tariffs on semiconductor imports, but spare firms like…
The next AI pivot will be toward efficiency and lowering costs, ex-Facebook privacy chief says Former Facebook privacy chief Chris Kelly said that AI companies will focus on creating efficiencies for training models.
Swiss bar fire likely started by sparklers on champagne bottles The investigation into the fire that killed 40 people will consider whether criminal prosecutions are necessary, officials said.