The FinTech Hub
Source: Live Mint He has “become a big star,” President Donald Trump said in Qatar Wednesday. “Every time he goes on television, everything goes up.” Stocks have gone up since April, as the administration has postponed or rolled back punitive tariffs on imports. Bessent, a former hedge fund manager with an eye on the markets,…
Source: Live Mint Supply Lines is a daily newsletter that tracks global trade. . Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis. Asked if there was no unilateral offer from the president to de-escalate, Bessent said “not at all.” He was answering…
Source: Live Mint Atlanta, Trump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs. White House advisers and Cabinet members tried to project confidence and calm amid Trump’s…
Source: Live Mint China’s government said the US decision to exempt certain consumer electronics from its so-called reciprocal tariffs is a small step toward rectifying its wrongdoings and urged Washington to do more to revoke the levies. President Donald Trump’s administration excluded smartphones, computers and other electronics from the increased import duties on Friday, narrowing…
Source: Live Mint “Change is neither good nor bad. It simply is,” declares Donald Draper, the unflappable star of “Mad Men”, a television drama set in 1960s adland. Not all advertising executives share his sangfroid. Today, technology is changing the industry faster than at any time since Mr Draper’s era. The result is a reshaping…
Source: Live Mint The Joe Biden administration has unveiled sweeping curbs on the sale of advanced AI chips by semiconductor companies including Nvidia Corp. The new rules will limit the number of AI chips that can be exported to most countries. It will allow unlimited access to US AI technology for America’s closest allies, while…
Source: Live Mint After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. The S&P 500 rose roughly 25% in 2024 through Dec. 27, while the technology-heavy Nasdaq Composite…
Source: Live Mint Political risk—the notion that an election might have a meaningful impact on financial markets—used to be something that was the concern of emerging-market investors. Those in rich countries paid attention to central bankers, rather than politicians. Things are a little different today. In the run-up to America’s presidential election on November 5th,…
