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Romance with Fed pivot breaks investors’ hearts

  Last week was cruel for traders and investors who were hoping that financial markets would leave behind what has been a painful triple whammy this year caused by tightening financial conditions. After a strong bounce in both stocks and bonds early in the week offered some hope, the markets yanked it back, essentially erasing investors’ gains as investment portfolios ...

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These stricter China chips rules are terribly timed

  A new set of restrictions on Chinese access to US semiconductor technology may arguably have commercial and geopolitical merit, but the timing couldn’t be worse. Shares of chip-industry leaders from Lam Research Corp. to Taiwan Semiconductor Manufacturing Co. plunged across the globe after the Biden administration announced stricter rules. These new measures are a natural evolution of Washington tightening ...

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Amazon, Walmart start holiday sales with expected ‘huge’ deals

  Bloomberg Holiday deals are coming back, bringing a measure of relief for US shoppers squeezed by inflation. Tech gadgets to sporting goods will see “massive” online discounts, with the best bargains likely in late November, Adobe Analytics said in a report. Walmart Inc is already touting deals on computers, toys and air fryers this week, while Amazon.com Inc will ...

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