Previously, both of them were absent from the G20 summit this weekend. The Chinese leader cited the anti-fascist alliance between the two countries during World War II and urged both sides to work together to “defend the fruits of victory in World War II”. A few hours after that phone call ended, Trump had […]
President Donald Trump said on Sunday that he has decided on his pick for the next chair of the Federal Reserve and made it clear that he wants his nominee to lower interest rates. “I know who I’m going to pick. That’s right,” Trump told reporters on Air Force One as he returned to Washington, […]
Russian President Vladimir Putin said that the proposal put forward by US President Donald Trump to end the war in Ukraine could serve as the basis for a future agreement, but there is no final version yet. At the same time, he also expressed his willingness to negotiate. Putin said at a press conference after […]
According to informed sources, as the search for the new chairperson of the Federal Reserve enters its final weeks, Kevin Hassett, director of the White House National Economic Council, is regarded by President Donald Trump’s advisers and allies as a leading candidate for the position of the next chairperson of the Federal Reserve. Anonymous insiders […]
According to The Information, Meta Platforms Inc. is in talks to spend billions of dollars to purchase Google’s artificial intelligence chips, indicating that the Internet search giant has made progress in creating products to compete with the industry’s best-selling artificial intelligence accelerators. The share price of Nvidia Corporation dropped due to this news. According to […]
US Secretary of State Marco Rubio said that the November 27 deadline set by President Donald Trump for Ukraine to support the US-backed peace plan is not set in stone and could be pushed back to next week, meaning there is still a lot of work to be done. Before Rubio issued his cautious warning, […]
Nvidia released unexpectedly strong revenue forecasts and dismissed claims of a bubble in the artificial intelligence industry, easing concerns that had spread across the entire technology sector. The world’s most valuable company is expected to report sales of approximately $65 billion for the January quarter, about $3 billion higher than analysts’ forecasts. Nvidia also said […]
Some policy makers at the Federal Reserve have stepped up their warnings that the inflation process may slow down or stall, casting doubt on the prospect of another rate cut in December and exposing the deepening rift within the central bank. Officials generally believe that the labor market has cooled down, but they are divided […]
Bitcoin is in free fall – traders are bracing for even greater losses. Bitcoin, the world’s largest cryptocurrency, fell below $91,500 on Monday, with the decline intensifying and erasing all gains made so far this year. Traders in the options market are betting on further drops, believing that the sell-off is far from over as […]
The current U.S. government shutdown is now tied for the longest in history. The election results in New York City and other areas on Tuesday are expected to change the political landscape in Washington and may remove one of the obstacles to ending the stalemate. Once the off-year elections, including the gubernatorial races in New […]