Morning News: September 22, 2025
Posted by Eddy Elfenbein on September 22nd, 2025 at 7:06 am

France to Join Calls for Palestinian State in Gamble for Macron

The U.S. Is Forfeiting the Clean-Energy Race to China

China’s Labor Market Distress Spreads at Worst Time for Deflation Fight

Europe’s China Dream Is Over, With Poland Now a Bigger Customer

Setting Up a Business in India Is Hard. Leaving Is Even Harder.

Trump’s $100,000 Visa Targets a $280 Billion India Success Story

Trump’s $100,000 H-1B Visa Fee Sets Off Scramble Across Corporate America

Will the $100,000 Visa Fee Help U.S. Workers? Economists Aren’t So Sure

Do ‘The Markets’ Really Want The Federal Reserve To Lower Rates?

Sen. Richard Durbin’s Long-Term Love Affair With Price Controls

Cryptocurrencies Sink as $1.5 Billion in Bullish Bets Wiped Out

Hedge Funds Pile Into Banks, Insurance, Consumer Finance, Goldman Sachs says

Inflation Is the Lesser Evil

Inflation Is Worse Than the CPI Shows, Says Ex US Comptroller

What Will U.S. Capitalism Look Like in 50 Years? Seven Experts Weigh In

How Universal Child Care Could Change the Economy

A 50-Pound Book Holds the Keys to Citadel Securities

Democrats Can’t Win Another Shutdown Fight

Pam Bondi Isn’t the President’s Enforcer

Trump’s Tariffs Are Damaging America’s Biggest Foreign Source of Screws

If the Swiss Army Knife Is Made in America, Is It Still Swiss?

What Venture Capitalists Learned in China

As the Need for Data Centers Grows, We Must Choose Building Over Process

Nvidia Tie-Up Leaves Intel Short of a Crucial Piece

TikTok’s Algorithm to Be Secured by Oracle in Trump-Backed Deal

How FCC Chairman Carr Took EchoStar From Skid Row to Yellow Brick Road

T-Mobile Names Telecom Veteran as Next CEO

Novo Nordisk’s Woes Are Slimming Denmark’s Economic Growth

Saks in Talks to Sell 49% of Bergdorf Goodman for About $1 Billion

MrBeast on His Quest to Turn YouTube Fame Into an Entertainment Empire

The Broadway Musical Is In Trouble

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Morning News: September 19, 2025
Posted by Eddy Elfenbein on September 19th, 2025 at 7:05 am

Japan Consumer Prices Continue to Rise, But at Slower Pace

Bank of Japan to Start Offloading More Assets

Jefferies Deepens Ties With Japan’s Sumitomo Mitsui

Why the Fed Rate Cut Won’t Ease the Government’s Debt Problem

Why the Fed’s Rate Cut May Be Its Last of 2025

Fed’s Kashkari Sees Two More 2025 Cuts Given Hiring Slowdown

‘No One Should Be Very Confident’: Four Economists Dissect Trump and the Economy

All the Reasons Trump Would Be Wrong to Ditch Quarterly Earnings

What Reliving the 1929 Crash Tells Us About Today’s Stock Market

‘Hedge America’ Trade Fuels Global Rush Into Short-Dollar Wagers

The GENIUS Act Ties Stablecoin Risk to Banking Risk

Schumer Finally Has a Plan for a Government Shutdown

How Trump Broke Corporate America’s Most Valuable Consultant

The Power of Venture Debt To Turbocharge Tech

Startups Lean on Once-Rare Share Sales to Keep Talent Happy

Nvidia’s CEO Walks an AI Tightrope Between the U.S. and China

Nvidia, Wayve in Talks Over $500 Million Investment in Self-Driving Car Startup

Since Leaving Washington, Elon Musk Has Been All In on His A.I. Company

Sam Altman Has a Lot of Things Keeping Him Awake at Night

Solar-Powered Cars and Trucks Are Almost Here

The Race Is on to Make Rare Earth Magnets Outside China

EU Proposes Full Ban on Russian LNG From 2027, a Year Early

Farm Aid Turns 40 and Returns to Crisis Mode

Trump and Xi Set to Finalize TikTok Deal

‘Peak SF’ on a Friday Night Is a Robot Fight

Trump Administration Wields Its Full Toolbox to Bring Media to Heel

Inside Disney’s Abrupt Decision to Suspend Jimmy Kimmel’s Show

What Pam Bondi Gets Wrong About ‘Hate Speech’

New Owners Plot Comeback for Tween Retailer Claire’s

It’s Never Been Harder to Get a Job in Hollywood

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Morning News: September 18, 2025
Posted by Eddy Elfenbein on September 18th, 2025 at 7:07 am

Taiwan Central Bank Leaves Key Interest Rates Unchanged

Norges Bank Cuts Key Rate But Hints at Very Gradual Easing Going Forward

Bank of England Leaves Key Rate on Hold, Slows Quantitative Tightening

The Fed Rolls Back Recession Risk

Rate Cuts After Long Pauses Have Been a Boon for Stocks

Amex Boosts Platinum Fee to $895, Adds Resy and Lululemon Perks

How an Enron Parody Turned Into a Financial Mess of Its Own

What Decides Where Mortgage Rates Go From Here

Home Insurance as You Know It Is Doomed. You’re Not Ready.

Labubus Might Be the Perfect Avatar of 2025

Russia, China and Iran Use Kirk’s Murder to Stoke Conspiracy Theories and Division

Disney Pulls Jimmy Kimmel’s Show After Kirk Remarks

Blaming Violence on Free Speech Is a Very Old Trick

After ICE Raids, Canada Sees Surge in Migrants Crossing Border Through New York

To Keep Us Safe From China, Trump Must Allow Chinese Goods In

From Skechers to Foot Locker: Tariff Chaos Spurs Record-High Footwear, Apparel Deals

Trump’s UK State Visit Shifts From Pomp to Politics and Investment

Congress Has No Good Excuse to Keep Trading Stocks

Inside the Room Where CEOs Say What They Really Think of Trump’s Policies

American Farmers Are Feeling the Pain of Trump’s Policies

The TikTok Deal Doesn’t Seem to Do What It Was Supposed To

In the EU Antitrust Case, AI Disrupts the Market

Nvidia Invests $5 Billion in Intel, Plans to Co-Design Chips

Meta Unveils New Smartglasses With Display and AI Abilities

Meta Approaches Media Companies About AI Content-Licensing Deals

Executives at xAI Clashed With Musk Advisers Before Departing

Tesla Is Redesigning Door Handles That Drew Safety Scrutiny

A Cyberattack Crippled Range Rover Production. The Reboot Is Proving Tough.

How More Rail Could Take Trucks Off the Road

India May Finally Be Ready for Its Atomic Age

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Morning News: September 17, 2025
Posted by Eddy Elfenbein on September 17th, 2025 at 7:08 am

EU Wraps Up Trade Deal With Indonesia in Push for New Markets

Indonesia’s Central Bank Delivers Surprise Rate Cut Amid Political Uncertainty

Incoming ECB Rate-Setter Pereira Says He’s ‘Definitely’ No Dove

Japan’s Exports Struggle Under Weight of Tariffs

U.S. Importers and Exporters Fret Over Port Fees on Chinese Ships

Import Prices Rose Unexpectedly in August

G.O.P. Again Cedes Power on Tariffs to Avoid Crossing Trump

Fed Divisions Thrust Powell Into Uncharted Territory

Investors Are Bullish as a Pivotal Fed Decision Looms

Bessent, Like Fed Governor, Made Contradictory Mortgage Pledges

We’ll FOM See How Long the Risks Can Be Ignored

The ‘Smart Money’ Is Flashing a Warning for Stocks

The Two-Speed Economy Is Back as Low-Income Americans Give Up Gains

Fired BLS Chief Breaks Silence, Calls Her Dismissal a ‘Dangerous Step’

US Wins Release of Wells Fargo Banker Barred from Leaving China

BofA Raises US Minimum Hourly Wage to $25, Delivering on 2021 Commitment

Ray Dalio Embraces Family Office Life as CIO: ‘I’m the Guy’ Now

Trump’s $15 Billion NY Times Suit Also Has a Serious Intent

Texas Oil Boom Spawns a Toxic Crisis of the Industry’s Own Making

China Orders Firms to Stop Buying Nvidia AI Chip, FT Says

How China Is Dominating the Global EV Market

Rivian Is Building a Georgia Factory in the Face of an EV Slump

Japanese Brand Automakers Power U.S. Workforce Development

South Korea Reels From Shocking ICE Expulsions of Battery Engineers

LG Battery Unit Continues U.S. Projects After Raid

Set America’s Railroads – and Small Businesses – Free

Lilly’s Obesity Pill Will Have Far-Reaching Effect, Doctors Say

Jerry of Ben & Jerry’s Resigns, Saying Company Has Been ‘Silenced’

General Mills Profit Beats as Shoppers Dine In to Save Cash

Infamous Fyre Festival Sells for Fire-Sale Price of $245,000

Why Elon Musk Will One Day Open a Candy Company

Let’s Not Trivialize a Tragedy With Internet, Trans and Videogame Banalities

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CWS Market Review – September 16, 2025
Posted by Eddy Elfenbein on September 16th, 2025 at 7:14 pm

(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)

This week is Fed Week. We finally made to the big interest rate decision. The Federal Reserve started its two-day meeting today, and tomorrow afternoon, the Fed is widely expected to cut interest rates by 0.25%. This will be the first rate cut this year.

We’ll learn more details tomorrow, but it looks like this will only be the start of interest rate cuts. Traders expect two more cuts this year, and a fourth cut within six months. The Fed’s policy statement will be released tomorrow at 2 p.m. ET. That will be followed shortly after by a press conference from Federal Reserve chairman Jerome Powell.

Frankly, I think the Fed was behind the curve on this. We’ve already seen some deteriorating economic data. One year’s worth of jobs data was revised lower. While the unemployment rate is still low, it’s at a four-year high. The initial jobless claims also came in high. Historically, once the jobs data starts to move a little, it soon moves a lot.

Coincidentally, the Fed got a new board member today. Yesterday, the Senate voted to confirm Stephen Miran as a member of the Federal Reserve Board. The vote was 48 to 47. He was sworn in earlier today. President Trump has been very critical of the Fed, but he’ll get his wish for at least one rate cut. In May, the president will be able to nominate his own Fed chairman.

The stock market has been incredibly strong in recent weeks. If there are any problems with the labor market, it’s not showing up in share prices. Before the market’s modest drop today, the S&P 500 closed higher ten times in the last 14 sessions. The market has led a charmed life since the April 8 low. Not only has the market climbed steadily, but it’s done so very smoothly. The S&P 500 hasn’t had a daily drop of more than 0.7% in 31 trading days.

This gets us to the central paradox of this market. The overall market has been steady and calm, yet within the market, the Low Volatility stocks have done the worst, while the High Beta stocks have gobbled up all the profits.

I’ve talked a lot about this trend over the past several weeks, but it’s only grown more pronounced.

Here’s a small chart that explains a lot. This is the S&P 500 High Beta ETF (SPHB) along with the S&P 500 Low Vol ETF (SPLV). Since early April, the Low Vol stocks are down slightly (-1.64%) while the High Beta stocks are up nearly 50%.

During the short-lived bear market we had earlier this year, low volatility stocks did much better than the overall market. The High Beta sector has stormed back. I generally shy away from predicting market tops or bottoms, but I feel confident in saying that the High Beta outperformance will not continue indefinitely. Stein’s Law: “If a trend cannot continue, it will stop.”

This morning, we got the retail sales report, and it was a decent one. I don’t want to overstate the strength of the report but it’s good to see signs of a resilient consumer in the face of weaker jobs data. Oftentimes, economic data is contradictory. This is only the initial report. We’ll get a more detailed report in about two weeks.

Here’s what the report had to say. For August, retail sales rose by 0.6%. That’s the highest since June. Expectations were for 0.2%.

The month’s strength was fairly widespread, with sales rising at nine of the 13 categories the Census Bureau tracks. Retailers may have reaped the benefit of a strong back-to-school season. Sales at nonstore retailers—a proxy for e-commerce—jumped 2% in August from July, while clothing and accessories sales increased 1%, and sales at sporting goods and hobby stores gained 0.8%.

Miscellaneous store retailers, furniture stores, general merchandise stores, and health and personal care stores all notched monthly declines, but still grew year over year.

If we exclude autos, then retail sales were up 0.7% last month. That’s also the best since June. If we strip out autos and gasoline, then retail sales were again up by 0.7%. The retail sales number for June was also revised slightly higher. The original report came in at 0.5%. That was revised up to 0.6%.

We also got the report on import prices. Month over month import prices rose by 0.3%. Wall Street had been expecting a drop of 0.2%. Over the last year, import prices are unchanged. Over the last year, export prices are up by 3.4%.

Stock Focus: Colgate-Palmolive

As an investor, I’ve learned that one of the best places to find great opportunities is in the regular and the ordinary. Too often, investors think that being a great investor involves finding the “next great” company that’s going to discover and market some revolutionary breakthrough.

I have nothing against that concept except that it’s very hard to do. Let’s remember how often the winner is not the company that was first. Instead, it’s the company that was best able to exploit what others have done.

On the other hand, we have the non-revolutionary companies. This week’s featured stock is Colgate-Palmolive (CL), which is about as non-revolutionary as they come.

I know what you’re thinking. Colgate? You’re talking about investing in toothpaste?

Well, yes, but Colgate is a whole lot more than toothpaste. Today’s Colgate-Palmolive is a household products powerhouse. In just about every home in America, you can probably find something made by Colgate.

Colgate employs more than 34,000 people in dozens of countries all over the world. Last year, Colgate registered sales of more than $20 billion. On average, people buy over $55 million worth of Colgate’s products every day.

Here’s another fact you may not know. Since 1990, shares of Colgate are up more than 5,600%. Colgate has been a massive winner for investors. Shares of Colgate-Palmolive have far outpaced the rest of the stock market. What’s more is that the company has increased its dividend every year for the last 62 years.

Here’s how the stock has done since 1990. For context, the blue line is the S&P 500.

Not bad for a toothpaste company!

Of course, Colgate is a lot more than toothpaste. There’s also Palmolive dishwashing soap. Colgate also makes Irish Spring. They own a good part of Tom’s of Maine, Ajax and Speed Stick. Colgate also makes Skin Bracer, Fresh Start and Cold Power. Colgate owns dozens of well-known brand names. (You can see a list of their brands here.)

The current quarterly dividend is 52 cents per share, and I expect Colgate will keep their dividend-hiking streak alive. On August 1, the company reported Q3 earnings of 92 cents per share which beat the Street by three cents per share.

Colgate is a classic defensive play. The consensus on Wall Street now expects CL to earn $3.94 per share in 2026. I think that’s very doable. The stock has not performed well lately, and I think it’s a decent buy right now. The stock is going for about 20 times next year’s earnings. That’s a bit high but I think it’s reasonable for a long-term position. Also, the dividend yield works out to a little over 2.5%.

Wall Street Was Bombed 105 Years ago Today

One hundred and five years ago today, at one minute past noon, a bomb exploded in Wall Street which killed 38 people and seriously wounded 143. Windows were shattered up to a half-mile away.

A horse-drawn wagon loaded with dynamite had been parked in front of the headquarters of J.P. Morgan. The dynamite was packed with 500 pounds of cast-iron slugs.

For the first time ever, trading was halted on the floor of the New York Stock Exchange because of violence. The previous day, anarchists Sacco and Vanzetti had been indicted for bank robbery and murder. At the time, it was the deadliest terrorist attack on U.S. soil.

No one knows who carried out the attack, but it was assumed to have been orchestrated by an Italian anarchist group. They had carried out a series of bombings in June 1919.

Damage from the blast is still visible on 23 Wall Street. J.P. Morgan refused to have it repaired. This is a picture I took of the damage. The perpetrators were never caught.

That’s all for now. I’ll have more for you in the next issue of CWS Market Review.

– Eddy

P.S. This Sunday our ETF, the AdvisorShares Focused Equity Fund (CWS), will celebrate its ninth birthday. I want to thank everyone for your support. Every year, hundreds of funds close up shop but ours is as strong as ever. You can get more info on the fund here.

Morning News: September 16, 2025
Posted by Eddy Elfenbein on September 16th, 2025 at 7:04 am

China Is Longing for the ‘Beauty of the Boom Years’

How China Is Weathering the Trade War With Trump

Eurozone Industrial Production Rebounded in July Despite Tariff Uncertainty

Extortion Gangs Are Circling Peru’s Ambitious $1.3 Billion Megaport

BLS Resumes Hiring of Price Checkers

Bessent Jokes About Hamilton-Burr Duel When Asked About Pulte

Fed Meeting Set to Bring Together Trump Ally With Targets of President’s Ire

Senate Votes to Confirm Trump Pick Stephen Miran to Fed Board

Appeals Court Rejects Trump Request to Remove Fed Governor Lisa Cook

The Fed Should Move Slowly and Make No Promises

Fed Dissent Is Going to Raise Some Uncomfortable Questions

To Be a Fly on the Wall at This Fed Meeting

Earnings Reports Don’t Need to Be Quarterly

Best Business School Rankings 2025-2026

The CEO Guide to Getting What You Want Out of Trump

The Quiet Force Imperiling Our Booming Stock Market

Citi Forecasts Ether’s Year-End Target at $4,300

Santander’s Openbank Launches Crypto Trading For Retail Clients

US Judge Upholds Fed’s Debit Card ‘Swipe Fees’ Rule, in Split with Other Court

Mutual Fund Titans Plowed Into Private Markets. It Isn’t Working

Basic Market Logic Tells Us the Middle Class Won’t Pay Off the National Debt

Trump Files $15 Billion Lawsuit Against New York Times

On the Matter of Antitrust, There’s a Crucial Split Within MAGA

How Wall Street’s Big Bets on A.I. Are Driving Interest in Huge Parking Lots

Tesla Faces US Auto Safety Investigation Over Door Handles

Tesla Shares Rise on Elon Musk’s $1 Billion Stock Purchase

Jack Ma Returns With a Vengeance to ‘Make Alibaba Great Again’

Top 10% of Earners Drive a Growing Share of US Consumer Spending

The New Pitfall of Online Shopping: A Surprise Tariff Bill

Shoe Companies Warn of Price Increases as Tariff Costs Kick In

The Grilled Chicken Chain Joining the Crispy Poultry Frenzy. Sort of.

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Morning News: September 15, 2025
Posted by Eddy Elfenbein on September 15th, 2025 at 7:05 am

China’s Economy Shows Signs of Summer Slowdown

China’s Snub of U.S. Soybeans Is a Crisis for American Farmers

Filipinos Are Addicted to Online Gambling. So Is Their Government

Israeli Billionaire Zuk’s Bank to Split Revenue With Customers

Russia Warns Europe: We Will Go After Any State Which Takes Our Assets

EU Exports Dip Despite U.S. Rebound

Did Britain Win the Trade War? Why It’s Tough to Declare a Victor.

ECB Tells Small Banks to Tackle Old Bad Loans

Trump Can Have Tariff Revenues or Re-Shoring, Not Both

An Unresponsive Public Is Undermining Government Economic Data

The Fed Tried to Avoid a Fight With Trump. It Got One Anyway.

As Milton Friedman Did, Trump Thinks The Fed Can Overcome Bad Policy

Small Businesses Turn to Lending Startups as Tariff Costs Mount

Trump Says Companies Should Report Earnings Every Six Months

This Gold Rush Isn’t About Inflation — or Even Gold

Complex Bets Slammed by Lehman’s Fall Return in $200 Billion Boom

Morgan Stanley Shows Why Traders Are Winning Again

S4 Capital Lowers Top-Line Forecast Again Due to Uncertainty, Tariffs

They Went to Work for a Stock Exchange. Then the Scientology Ties Became Clear.

Working Women Are Doing Great, Except for the Pay

The Paradigm Shift No Investor Can Ignore

How to Build a Million-Dollar Future for Your Kids

Trump’s UK Visit Brings With It Bigger Meaning for U.S. Tech

Nvidia Broke Antitrust Law, China Says, as Tensions With U.S. Mount

TV Industry Bets AI Can Peel Ad Dollars Away From Big Tech

Musk Answers Tesla’s Pay Proposal With $1 Billion Stock Buy

The Capital of Electric Cars Is Turning to Electric Planes

Shawn Fain, Who Pledged to Reform U.A.W., Faces Internal Dissent

Whirlpool Tells U.S. Authorities Its Rivals Could Be Evading Tariffs

Tariffs Are Uniting Two Whiskey Heavyweights: Scotch and Bourbon

This Crackdown on Drug Ads Is Long Overdue

The Boom in ‘Better for You’ Kid Snacks Is Worse for Parents

‘Infinity Castle’ Tops the Box Office, Revealing Changing Tastes

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Morning News: September 12, 2025
Posted by Eddy Elfenbein on September 12th, 2025 at 7:03 am

China Warns Mexico Against Tariffs That Could Harm Chinese Goods

Russia’s Central Bank Cuts Key Rate for Third Consecutive Meeting

African Nations Tap IMF for $69 Billion With Pivot to Lender Seen Lasting

A Guaranteed Income Won’t Stop People From Wanting to Work

Georgia ICE Raid Netted Workers With Short-Term Business Visas

America’s Friends Will Never Trust the US Again

Charlie Kirk’s Killing Requires Trump to Soothe, Not Inflame

Golf and Diplomacy: How Alexander Stubb Won a Seat at Trump’s Table

The BLS Hallucinated a Million Jobs. The Fed Can’t Fix This

Wall Street Braces for Quarter-End Liquidity Stress in Money Markets

It Looks Like the ‘Vibecession’ Had It Right

Firm Inflation, Soft Jobs Data Pull Fed in Opposing Directions

Economists See Fed Rate Cut Next Week, at Least One More in 2025

The Fed Is Not ‘The Apprentice’: Trump Can’t Just Fire Whomever He Wants

Mortgage Rates Are at an 11-Month Low. Will That Save This Housing Market?

CEOs, Here’s Your Excuse to Watch Football

Labor Hoarding Looks Close to a Painful End

Solar Makers Battered by Trump’s Policies Are Ready to Counterpunch

Astroscale Sees Increase in Satellite Orders From UK, Japan

Freight Startup Flexport Forecasts Profitability in 2025—With an Asterisk

OpenAI Realignment to Give Nonprofit Over $100 Billion Stake

AI Startup Founders Tout a Winning Formula—No Booze, No Sleep, No Fun

How Much Do We Want AI to Remember About Us?

CVC Strikes $1.5 Billion Deal for GoDaddy Rival Namecheap

Tesla Pivots to Robots as Investors Question Sales and Soaring Valuation

Health Care Costs Are Soaring. Blame Insurers, Drug Companies — and Your Employer

CEO of Tylenol Maker Lobbied RFK Jr. Not to Cite Drug as Autism Cause in Report

Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery

If Pepsi Wants to Win, It Has to Play Coke’s Game

Is That Product Any Good, or Is It Just a Brand Halo?

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Morning News: September 11, 2025
Posted by Eddy Elfenbein on September 11th, 2025 at 7:02 am

China’s $4.5 Trillion Flows Mark Potential New Era for the Global Economy

China Mulls Helping Local Governments With $1 Trillion of Bills

How the Last Two Weeks Shook the World Order

In South Korea and Japan, Fury at U.S. Fuels Backlash Over Trade Deals

Mexico to Impose Import Tariffs to Bolster Industry

Mexico Tariffs Give Japan’s Carmakers an Edge Over Korean Rivals

Indonesia’s New Finance Chief Vows $12 Billion Boost for Economy

Philippines Central Bank Doesn’t Try to Move in Lockstep With Fed

Turkey’s Central Bank Cuts Interest Rate for Second Straight Meeting

Trump’s Economic Agenda Hinges on the Supreme Court’s Tariff Ruling

Bond-Market Bets on Deep Fed Cuts at Risk From Hot CPI Data

The Bizarre Sprint Ahead of Next Week’s Fed Meeting

Wall Street’s Race for Stablecoin Talent Sends Pay Soaring

Citi CEO Sees More Dealmaking With US Recession Unlikely

US Dollar Bears Think Record Slide May Resume After Recent Pause

Ray Dalio Suggests Gold as Shield for US Markets at Risk of Heart Attack

Subprime Auto Lender Collapse Delivers Blow to Risky Debt Market

The Hyundai Plant ICE Raid Proves Immigration Laws Need Fixing

Oil Giant Saudi Arabia Is Emerging as a Solar Power

The Oil Majors Fueling Heat Waves

IEA Further Lifts Oil Supply View, Pointing to Larger Surplus Ahead

The Myth of Peak Fossil-Fuel Demand Is Crumbling

Rushing to Meet AI’s Energy Needs: Oil-Field Servicers

Oracle, OpenAI Sign $300 Billion Cloud Deal

Oracle’s Ellison Now Rivals Musk as World’s Richest Person. See How Their Wealth Compares.

For Apple, SIM Cards Are the Next Headphone Jack

Inside the Effort to Make EVs Roar Like Real Sports Cars

How ‘Severance’ and ‘The Pitt’ Sum Up the TV Business

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Morning News: September 10, 2025
Posted by Eddy Elfenbein on September 10th, 2025 at 7:05 am

Five Lessons From Putin’s Reckless Polish Drone Strike

China’s Deflationary Woes Continue Unabated

The Anti-Milei Emerges, Worsening Investor Jitters in Argentina

Fitch Ratings Nudges Up Global Growth Outlook for 2025

Employers Added Nearly a Million Fewer Jobs Than Believed, Data Shows

Inflation Erased U.S. Income Gains Last Year

U.S. Added 911,000 Fewer Jobs in the Year Ended in March

There Are No “Forgotten Americans,” There’s Just Individual Error

Hedge Fund Traders on a Bad Streak Are the Hottest Recruits Around

Judge Blocks Trump From Removing Fed Governor Lisa Cook

Will the Fed’s Independence Survive the Supreme Court?

The Fed Official Who Called the Jobs Slowdown and Became a Candidate for Chair

Republicans Race to Advance Trump’s Fed Pick Despite Ties to White House

Trump Warns of Doom if Tariffs Are Ruled Illegal. Others See a Tax Cut.

Red and Blue States’ Fight Is Reaching a Dangerous Level

If Democrats Want to Rebrand, They Should Go JFK On Taxes

How Lutnick Is Using Government Power to Pressure Private Companies

The US Is Giving Away $35 Billion a Year to Cook the Planet

A Big Stockpiling Question Hangs Over Singapore’s Oil Bash

Trump Weighs Crackdown on Medicines From China

PsiQuantum Raises $1 Billion, Says Its Computer Will Be Ready in Two Years

Google Case Demonstrates That Judicial Humility Takes Courage

Meta’s Elite AI Unit Sparks Tension With Old Guard

Why Mark S. Zuckerberg Is Suing Facebook’s Parent Company, Meta

Microsoft Cracks Down on Work Speech, Limits Remote Work

Apple Pitches iPhone Air as the Future, But Pro Models Are Better Today

Oracle Shares Jump 30% as Bullish Outlook Fuels AI Hopes

Winklevosses Lean on MAGA Clout as Gemini’s Losses Mount Ahead of IPO

DHL Adds to Healthcare Logistics Services With Acquisition

Jaguar’s Rebrand Caused an Uproar. Its Boss Has No Plans to U-Turn.

Cracker Barrel Cancels Restaurant-Revamp Plans After Backlash

A Traditional Narcotic Gets New Life as an Energy Drink in Kenya

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