Applied Materials Suffers Worst Rout Since 2020 on China Woes
A technician works on a computer at the Applied Materials Inc. facility in Santa Clara, California (Bloomberg) —…
Norway Holds Key Rate, Keeps Prospect of More Easing in 2025
Norges Bank governor Ida Wolden Bache (Bloomberg) — Norway’s central bank kept borrowing costs steady after a surprise…
Volatility Gauges Sink to Year’s Lows Across Markets
(Bloomberg) — Across equity, bond and currency markets, gauges of volatility are slumping to their lowest levels of…
Third Ave outlook brightening, CBRE says
A CBRE report on the East Side District — 44 office buildings between the FDR Drive and Lexington…
New York Warns of $34 Billion Budget Hole, Biggest Since 2009 Crisis
(Bloomberg) — New York state’s cumulative three-year budget gap has swelled to $34 billion, rising 25% from Governor…
How Switzerland’s tariff drama swung from hope to despair
(Bloomberg) — On July 4, as the US celebrated Independence Day, Switzerland’s top circle of ministers also had…
SoftBank Builds Nvidia, TSMC Stakes Under Son’s Focus on AI Gear
(Bloomberg) — SoftBank Group Corp. is building up stakes in Nvidia Corp. and Taiwan Semiconductor Manufacturing Co., the…
Emerging Markets Trim Gains as US Threatens to Hike India Tariff
(Bloomberg) — Currencies and stocks in developing economies trimmed gains after US President Donald Trump threatened to hike…
BOE Is Probably About to Cut Rates Despite a Spike in Inflation
(Bloomberg) — The Bank of England is likely to deliver another interest-rate cut on Thursday, as tax hikes…
Figma’s 250% IPO Pop Gives It Edge in Creative AI Software Fight
(Bloomberg) — Figma Inc.’s 250% surge in its debut session is the kind of coming-out party every startup…