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There Are ’Warsh’ Things I Could Do

WASHINGTON (MaceNews) – The following is a rough transcript of the responses of the new Federal Reserve chair, Kevin Warsh, to reporters’ questions in his first post-Federal Open Market Committee news conference Wednesd…

Is France Becoming Another Fiscal Flashpoint?

France’s mounting debt has become a flashpoint in economic debates, with critics blaming decades of high public spending and subsidies for the country’s burden. The numbers underline how France’s trajectory has diverged…

Lords call for AI 'kill switch' powers in UK

A group of peers is calling for the British government to be able to deactivate powerful AI systems and switch off the country's data centres in the event of the tech posing a threat to national security.

The Ternus Era Begins at Apple

In late July, current and former Apple product developers gathered for a reunion at the company’s Cupertino, Calif., headquarters. As evening fell and guests sipped drinks and ate hors d’oeuvres, John Ternus slipped int…

Why is SoftBank Group stock sliding today?

The Tokyo stock market on the 24th saw active stock-picking driven by earnings announcements and forecast revisions. In the semiconductor sector, a stark contrast emerged as Disco (6146.T) plunged while KOA (6999.T) sur…

South Korea CPI grows slightly less than expected in August

China’s consumer price index inflation moderated to 1.0% year-on-year amid typical post-Lunar New Year seasonality, but producer prices returned to positive levels for the first time since 2022. Energy-related subcompon…