I’m Malcolm Scott, international economics editor in Sydney. Today, Tom Orlik looks at China’s long preparation for its trade fight with the US. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here. Source link
Mortgage interest rates are a bit unsteady today. According to Zillow, the average 30-year fixed mortgage rate dropped seven basis points to 6.5%. Meanwhile, the 15-year rate saw a slight increase, up three basis points to 5.47%. This instability can likely be attributed to inflation. Yesterday, the Bureau of Labor Statistics released the July Consumer…
Heavy-Duty EV Charging Infrastructure Market HTF MI just released the Global Heavy-Duty EV Charging Infrastructure Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market…
Good morning. In honor of Perplexity’s unsolicited $34.5 billion bid to acquire Google’s Chrome web browser amid U.S. antitrust scrutiny—a figure well beyond the San Francisco AI startup’s $18 billion valuation!—five things I’d like to place an unsolicited bid on with someone else’s money: But please, Marc—keep the disco ball. Today’s tech news below. —Andrew…
The stock market rallied on the latest inflation report. The S&P 500 closed at a record high on Tuesday, while the Nasdaq rose over 1% and the Dow spiked nearly 500 points. The benchmark S&P 500 is up almost 10% year-to-date. Here’s where US indexes stood at the 4 p.m. ET closing bell on Tuesday:…
The popular drag queen is the seventh famous face confirmed to be taking part in the new series of Strictly. The news was revealed on The Scott Mills Breakfast Show on BBC Radio 2 this morning (August 13). La Voix is a performer, presenter and singer who competed in the 2024 series of the BBC…
Nextlink, a cloud service agent, reported a 6.6% increase in revenue to approximately NT$2.086 billion (approx. US$69.5 million) in the first half of 2025 compared to the same period in 2024. The company noted growth in Taiwan and the China-Hong Kong… Source link
By Alexandra Alper WASHINGTON (Reuters) -Donald Trump’s Navy and Air Force are poised to cancel two nearly complete software projects that took 12 years and well over $800 million combined to develop, work initially aimed at overhauling antiquated human resources systems. The reason for the unusual move: officials at those departments, who have so far…
A member of the first-team ranks at La Liga giants Real Madrid was the subject of widespread chants on the part of the WSG Tirol faithful on Tuesday. The player in question? David Alaba. Real Madrid were of course back in action yesterday evening, making the trip to Innsbruck for a meeting with Austrian outfit…
In summary Google makes AI Pro tools free for students Applies in US, Japan, Indonesia, Korea, and Brazil Not available in UK – for now College students in the US and four other countries can now access Google’s top AI Pro plan for free. Google CEO Sundar Pichai recently issued a blog post detailing an…