President Joe Biden’s recent statement that the United States would intervene militarily if China tried to take Taiwan by force was hardly a gaffe. The US policy of strategic ambiguity has outlived its usefulness. Since President Richard Nixon went to China and put the two nations on the path to normalized diplomatic and trade relations,…
Read More “Opinion: Defending Taiwan starts with standing up to Putin” »
Micron Technology Inc.’s earnings on Thursday will provide a much-anticipated clue into a problem that has worried Wall Street all year about the chip industry: Whether customers have been hoarding chips during the global shortage. Last quarter, Micron Chief Executive Sanjay Mehrotra said that sales to data-center customers had eclipsed those to the mobile market,…
Read More “Micron earnings to provide more clues as to whether chip boom has passed” »
The US should pursue a COVID-19 booster strategy that focuses on developing new shots that better protect against omicron and its subvariants, according to a recommendation from a Food and Drug Administration advisory committee. The group of independent medical experts voted 19-2 on Tuesday that the COVID-19 boosters should include omicron and its subvariants. They…
Read More “FDA advisers say the US needs updated COVID-19 boosters to fight omicron” »
The threat of recession amid a shrinking economy may force a return to the office for employees. Or the end to the office as we know it. Those are the two wildly differing opinions emerging on the future of the work-from-home movement, which has become a way of life for tens of millions of Americans…
Read More “A recession could force more employees back to the office – or never return” »
A little more judging by stock futures reaction this morning. Thank China for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply constraints that the lockdown there has produced. That brings us…
New week, same bounce. Stock futures point to fresh gains as investors grow optimistic that a bond rout is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, crimped…
Read More “This ‘underappreciated’ black swan could bring fresh chaos to the global economy” »
You’re tired of spending so much money on prescription drugs, and you’re perusing some very professional-looking websites of online pharmacies. The premises, and the promises, are enticing. Save money, free shipping, no prescriptions necessary, no doctor’s visits needed. Except that, if you don’t know what to look for, you could very well be purchasing fake…
When it comes to old personal tech lying around the house – from smartphones to tablets to gaming consoles – many people may not realize how much value is still left in their devices. Keeping technology out of landfills or simply gathering dust in the back of the closet by exploring resale websites that match…
Multinational is one thing, but 2022 hasn’t been the year for stocks to have a truly international presence. According to analysis from Goldman Sachs, S&P 500 companies with high domestic sales exposure have been outperforming stocks with a high international sales by 9 percentage points. Granted, it’s not a great performance, with the domestic basket…
This article is reprinted by permission from NerdWallet. As prices on goods and services continue to rise because of inflation, scaling back expenses isn’t the only way to free up cash to cover essentials. Credit cards can feature valuable perks for new applicants, whether your goal is to pay off debt or save on costs….
Read More “5 ways your credit cards can help you fight the pain of inflation” »
