Bessent’s political turn in GOP speech tests his bond-market credibility
Treasury Secretary Scott Bessent's Republican convention speech in Dallas is raising questions about how politics could affect market confidence in him.
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Trump says oil and gas prices won't fall until 'right after' midterm election
President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.
Bond sell-off, stock boom: Why rebalancing is a good strategy right now
With stocks near all-time highs and bonds selling off, it's likely a good time for investors to consider rebalancing to their target risk, advisors said.
Book discussion: Messy Jobs: The Work that AI Cannot Reach
As artificial intelligence (AI) transforms the workplace, which jobs will remain valuable—and what makes them resistant to automation? Economist Luis Garicano, coauthor of Messy Jobs: The Work that AI Cannot Reach, discu...
Flood-ravaged Nepal calls for climate justice
Nepal’s call for financial compensation following recent deadly floods underlines the need to help countries that contribute the least to climate change – but are increasingly grappling with its most lethal consequences,...
LA Rams President Kevin Demoff touts Australia push ahead of historic NFL game
The Rams spent five years building their brand in Australia. This week, Los Angeles will face San Francisco in the NFL’s first regular-season game Down Under.
IBM releases SOTA Granite Time Series PatchTST-FM-r2 model with commercial-friendly license
A Blog post by IBM Research on Hugging Face
How long should you wait between credit card applications?
Daily Memo: Iran Update, Strikes in Saudi Arabia
Retaliation. U.S. Central Command said it destroyed five Iranian oil tankers in response to Iran’s ballistic missile attacks on a U.S. Navy warship. Four
The tectonic plates of trade are moving: A new equilibrium?
As the global trading system exists in an uncertain equilibrium while resting on a stable core, it is pertinent to imagine a new order without sliding into the deeper economic fragmentation, protectionism, and geopolitic...
Plight of Afghans going ‘from bad to worse’, but the world is looking away: Türk
Since the Taliban returned to power in 2021, the plight of Afghans has only deteriorated, with millions impoverished while authorities violate basic human rights daily.
UN hails Libya election deal as Security Council urges Libyans to seize the moment
The UN Security Council has welcomed a breakthrough agreement between Libya's rival political blocs, calling it "an important step" towards the country's first national elections in over a decade – while pressing all sid...