Thursday , 18 December 2025

Recent Posts

Nintendo, Sony fall after Google unveils gaming service

Bloomberg Sony Corp and Nintendo Co shares slid after Alphabet Inc’s Google outlined a major push into video games with a streaming service called Stadia. Nintendo dropped as much as 4.6 percent and Sony declined 4.5 percent, the biggest intraday drop in six weeks. Stadia lets developers put games on a streaming platform that will allow players to access the …

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Trump escalates feud with Fed by picking Moore for board

Bloomberg It looks like a textbook example of political meddling with a central bank in an emerging market, except it’s happening in the US. President Donald Trump said he’s nominating former campaign adviser Stephen Moore to be a governor of the Federal Reserve — potentially putting a political loyalist in lockstep with Trump’s view on juicing the economy into the …

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US banks tumble as bad news piles up

Bloomberg Big banks extended losses into a fourth day, as 10-year Treasury yields tumbled, the 3-month/10-year yield curve inverted for the first time since 2007, US manufacturing data missed expectations and Europe’s economic outlook darkened. The KBW Bank Index slid 4.5 percent, the most since December 4, to a session low after President Trump said he will nominate long-time supporter …

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