TSMC Posts Slowest Growth in 18 Months Amid AI Bubble Debate
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue as investors debate the sustainability of…
Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
‘Jenga Tower’ US Economy Teeters as Middle Class Pulls Back Spending
While the cost of living isn’t going up nearly as fast as it did in 2022, consumer prices…
Satellite Hunt for Superpollutant Wins $100 Million New Funding
Riley Duren, chief executive officer of Carbon Mapper, during the Bloomberg Green At COP30 event in Sao Paulo,…
China Services Gauge Extends Growth Streak Even as Economy Slows
Pedestrians cross a road in the Bund in Shanghai. Photographer: Qilai Shen/Bloomberg (Bloomberg) — China’s services activity expanded…
Wall Street CEOs Flag High Market Valuations, Pullback Risk
Buildings along Wall Street in New York, US. (Bloomberg) — Wall Street chief executives said investors should brace…
OPEC+ to Pause Output Hikes Next Year as Market Set for Glut
(Bloomberg) — OPEC+ will pause output increases during the first quarter — after making another modest hike next…
China’s Factory Slump Sparks New Stimulus Calls Despite US Truce
(Bloomberg) — China’s factory activity slumped for the longest streak in more than nine years, prompting fresh calls…
China Soy Deal Lifts US Farmers But Spotlights Trade Limitations
Scott Bessent (Bloomberg) — China’s commitment to buy at least 87 million tons of US soybeans through the…
AI Frenzy Is Spreading Over to Caterpillar and Oil Frackers
A Caterpillar Inc. diesel power generator in East Peoria, Illinois. (Bloomberg) — Caterpillar Inc., the company synonymous with…