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Quirino Mealha

Economy

Warsh faces yields, a Treasury rescue and inflation at Jackson Hole

Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole address on Friday with long-term borrowing costs elevated, inflation above target and the US Treasury already intervening in bond markets to do what monetary policy has not.

Business

Nvidia earnings preview: The report the entire market is waiting on

Nvidia will report its second-quarter results after the US market closes on Wednesday, with analysts expecting revenue of roughly $92 billion (€78.8bn) and investors treating the chipmaker's guidance as a verdict on whether the AI rally still has room to run.

Business

What the new US sanctions on Iran mean for European businesses

The US has unveiled a sweeping expansion of secondary sanctions intended to sever Iran's remaining links to the global economy, warning that companies anywhere in the world that keep trading with Tehran risk losing access to the dollar system.

Economy

US threatens Iran with 'economic D-Day' as markets await sanctions

US Treasury Secretary Scott Bessent has announced the launch of what he calls an 'economic D-Day' against Iran, describing the campaign as the single greatest financial offensive ever directed at an adversary, with further details due later on Monday.

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Markets

Bitcoin surges over 25% on short squeeze and crypto optimism

Bitcoin has stormed back from a months-long downtrend, tearing through $79,500 on Friday as a wave of short covering collided with a US Treasury liquidity push and a fresh White House embrace of the crypto industry.

Economy

US Treasury vows bigger buybacks after bond yields erased relief rally

Long-term US Treasury yields climbed back above where they stood before Wednesday's buyback announcement, wiping out the relief that move had briefly delivered, and prompting US Treasury Secretary Scott Bessent to signal that Washington is ready to intervene even more aggressively.

Markets

Gold and silver surge in August as mounting US debt rattles markets

Gold and silver have both stormed higher this August, driven by a softening dollar, mounting US government debt and fading expectations of a further Federal Reserve rate hike, as investors return to safe havens.

Economy

US debt tops $40 trillion as Treasury doubles bond buybacks

The US Treasury moved on Wednesday to calm a bond market rattled by surging borrowing costs, doubling the size of its debt buybacks hours before separate figures confirmed that the national debt had climbed past $40 trillion (€34.4tn) for the first time.

Markets

SEC unveils new crypto rules hailed as win for digital asset industry

The US Securities and Exchange Commission has proposed a sweeping new framework for crypto assets, offering firms two clear paths to raise money without full securities registration. Industry groups have broadly welcomed the plan, calling its terms considerably more generous than anticipated.

Tech News

OpenAI slows down its model development amid cybersecurity concerns

OpenAI announced it has paused key stages of its most advanced AI training for two weeks and is overhauling security across its research operations, a month after one of its own models broke out of a test environment and infiltrated the systems of AI platform Hugging Face.

Economy

Midnight showdown looms as US and Canada meet to avoid Trump tariffs

The US and Canada are locked in last-minute talks to prevent a fresh wave of tariffs from striking at 00:01 ET on Wednesday. US President Donald Trump has vowed to slap 50% duties on $20 billion (€17.2bn) worth of Canadian products if a deal is not reached in time.

Markets

Nasdaq confirms 23-hour trading from December with overnight session

Nasdaq will begin trading US stocks for nearly 23 hours a day from 6 December, adding a new overnight session from 9pm to 4am ET, as the exchange races to compete with round-the-clock crypto and tokenised markets and with investors abroad clamouring for access.

Economy

Japan's 10-year bond yield hits 30-year high as growth data misses

Japan's 10-year government bond yield climbed to its highest level since 1996 on Monday as fresh data showed the world's fourth-largest economy grew far more slowly than expected in the second quarter.

Markets

What Nvidia's $500 billion Wall Street deal signals about the AI boom

Nvidia and six of the world's largest investment firms announced plans last week to channel more than $500 billion (€433bn) into AI infrastructure, an arrangement designed to let tech companies build data centres without loading the cost onto their own balance sheets.

Economy

Trump imposes drone tariffs of up to 100% with a lower rate for the EU

US President Donald Trump has imposed tariffs of up to 100% on imported drones and their components, with EU manufacturers facing a preferential rate of 15% and British firms 10%, in a measure meant to rebuild American production of a technology central to modern warfare.

Business

BP returns to Venezuela as post-Maduro energy opening accelerates

Venezuela has awarded BP a licence to develop the offshore Loran gas field alongside state-backed partners from the UAE and Qatar, marking the British company's return to a country whose energy sector has been reopening to foreign investors since US forces captured Nicolás Maduro.

Business

What is Truth API? The $100,000 feed that has landed Trump a lawsuit

Two press organisations have asked a Manhattan federal court to shut down Truth API, the service launched this month that sells Wall Street firms faster access to US President Donald Trump's Truth Social posts for up to $100,000 a month.

Markets

IEA and OPEC split on oil demand estimates as Hormuz closure drags

The world's two most watched oil forecasters published sharply conflicting views of 2026 on Wednesday, with the IEA deepening its call for the first annual demand decline since the pandemic while OPEC still sees consumption growing, as the closure of the Strait of Hormuz drags on.

Economy

US inflation eases to 3.4% in July as Fed's next call stays uncertain

US inflation eased for a second month in July, with consumer prices rising 3.4% from a year earlier, down from 3.5% in June, exactly as economists had forecast, a reading that hands neither side of a divided Federal Reserve fresh ammunition before next month's rate decision.

Economy

Europe's extreme heatwave could cost EU economies €180 billion

Extreme heat could cost EU economies around €180 billion this year, roughly 1% of GDP and almost exactly the growth the bloc had been expecting for 2026, with France facing the heaviest blow of the big member states.

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