Jerry Lin
The Latest
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Greenback Gloom: Dollar Hits Over-Year Low Amid Softer Fed Hike Prospects, Yen and Yuan Surge
Brought on by disappointing U.S. CPI figures, expectations of a Federal Reserve interest rate hike have cooled off, resulting in a continued decline for the U.S. dollar, hitting a recent low point. 
Brought on by disappointing U.S. CPI figures, expectations of a Federal Reserve interest rate hike have cooled off, resulting in a continued decline for the U.S. dollar, hitting a recent low point. -
Fed's Rate Hikes May Stall as US Inflation Dips to Two-Year Low
After this month's interest rate hike, the Federal Reserve may halt the increases. On Wednesday, July 12, Nick Timiraos, a reporter for The Wall Street Journal, opined on US June CPI data. He stated that the US inflation has dropped to its lowest in over two years, offering relief to Americans from painful price increases and increasing the likelihood that the Fed may cease rate hikes after the possible one this month. 
After this month's interest rate hike, the Federal Reserve may halt the increases. On Wednesday, July 12, Nick Timiraos, a reporter for The Wall Street Journal, opined on US June CPI data. He stated that the US inflation has dropped to its lowest in over two years, offering relief to Americans from painful price increases and increasing the likelihood that the Fed may cease rate hikes after the possible one this month. -
Russia and Saudi Arabia Sidestep G7? Key Russian Oil Surpasses $60, First Since Western Cap
The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced. 
The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced. -
Cooling Winds over the AI Fever? Retail Investors Start to Diversify From AI Stocks
On Wednesday, July 12, Bobby Molavi, a trader at Goldman Sachs, specifically discussed artificial intelligence in his weekly U.S. stock analysis article. He mentioned the rising trend of decreased interest and diminishing headlines concerning AI, indicating a return to normalcy for related concept stocks. 
On Wednesday, July 12, Bobby Molavi, a trader at Goldman Sachs, specifically discussed artificial intelligence in his weekly U.S. stock analysis article. He mentioned the rising trend of decreased interest and diminishing headlines concerning AI, indicating a return to normalcy for related concept stocks. -
EU's Ambitious Leap into Semiconductor Dominance: A Quadruple Increase by 2030
In a strategic move to reduce dependency on Asia, the European Union (EU) has set its sights on a significant expansion of its semiconductor sector. The EU Parliament has given its formal approval to the EU Chips Act, a legislative package aimed at quadrupling the bloc's chip production by 2030 to account for 20% of the global output. 
In a strategic move to reduce dependency on Asia, the European Union (EU) has set its sights on a significant expansion of its semiconductor sector. The EU Parliament has given its formal approval to the EU Chips Act, a legislative package aimed at quadrupling the bloc's chip production by 2030 to account for 20% of the global output. -
SEC Unveils Robust Money-Market Fund Reforms to Fortify Financial Resilience
In a move that marks a significant shift in the financial landscape, the U.S. Securities and Exchange Commission (SEC) has finalized a comprehensive set of reforms aimed at bolstering the resilience of money-market funds. The new regulations, which are the most extensive overhaul in years, are designed to prevent rapid outflows during periods of financial stress. 
In a move that marks a significant shift in the financial landscape, the U.S. Securities and Exchange Commission (SEC) has finalized a comprehensive set of reforms aimed at bolstering the resilience of money-market funds. The new regulations, which are the most extensive overhaul in years, are designed to prevent rapid outflows during periods of financial stress. -
A Cautious Optimism: U.S. Inflation Slows, but the Road to Stability is Long
In a significant development, the inflation rate in the United States has shown signs of slowing down, sparking cautious optimism among economists and market watchers. The latest data from the Bureau of Labor Statistics indicates a deceleration in the inflation rate, with June seeing the slowest pace of growth in over two years. 
In a significant development, the inflation rate in the United States has shown signs of slowing down, sparking cautious optimism among economists and market watchers. The latest data from the Bureau of Labor Statistics indicates a deceleration in the inflation rate, with June seeing the slowest pace of growth in over two years. -
Revamping Student Debt Relief: A Closer Look at Biden's New Plan
In the wake of the Supreme Court's rejection of President Joe Biden's initial student loan forgiveness plan, the administration has swiftly pivoted, unveiling a new strategy to alleviate the burden of student debt. The revised approach, which is rooted in the Higher Education Act (HEA) of 1965, aims to provide a more targeted and legally sound pathway to debt relief. 
In the wake of the Supreme Court's rejection of President Joe Biden's initial student loan forgiveness plan, the administration has swiftly pivoted, unveiling a new strategy to alleviate the burden of student debt. The revised approach, which is rooted in the Higher Education Act (HEA) of 1965, aims to provide a more targeted and legally sound pathway to debt relief. -
Blue Origin's Rocket Engine Test Ends in Explosion: A Setback for the Space Industry
In a recent turn of events, Blue Origin, the space company owned by Amazon founder Jeff Bezos, experienced a significant setback when one of its rocket engines exploded during a test last month. The BE-4 engine detonated about 10 seconds into the test at a West Texas facility, causing substantial damage to the engine and the test stand infrastructure. 
In a recent turn of events, Blue Origin, the space company owned by Amazon founder Jeff Bezos, experienced a significant setback when one of its rocket engines exploded during a test last month. The BE-4 engine detonated about 10 seconds into the test at a West Texas facility, causing substantial damage to the engine and the test stand infrastructure. -
Microsoft-Activision Blizzard Merger: A Green Light Amid Regulatory Hurdles
In a significant development, Microsoft's proposed acquisition of Activision Blizzard has overcome a major obstacle. A judge has dismissed the Federal Trade Commission's (FTC) request for a preliminary injunction to halt the $68.7 billion deal. The ruling paves the way for Microsoft to proceed with the acquisition, which has been under scrutiny since its announcement in January 2023. 
In a significant development, Microsoft's proposed acquisition of Activision Blizzard has overcome a major obstacle. A judge has dismissed the Federal Trade Commission's (FTC) request for a preliminary injunction to halt the $68.7 billion deal. The ruling paves the way for Microsoft to proceed with the acquisition, which has been under scrutiny since its announcement in January 2023.
