Posts by Swedan Margen
Gold reclaims US$5,000 as cooling inflation lifts Fed easing bets
[ad_1] Published Sat, Feb 14, 2026 · 02:44 PM [NEW YORK] Gold advanced as traders raised bets on US Federal Reserve rate cuts after a tame inflation reading, with some investors taking advantage of Thursday’s (Feb 12) sharp sell-off to buy the metal at a lower price. US inflation was fairly mild at the start…
Read MoreFord CEO, Trump officials discussed China-US carmaking JVs
[ad_1] These would be structured so that both the Chinese and US partners would share profits and technology, say sources [WASHINGTON] Ford Motor’s top executive spoke to senior Trump administration officials about a potential framework in which Chinese automakers could build cars in America while offering some protection for domestic companies, according to people familiar…
Read MoreNvidia’s Jensen Huang falls out of world’s 10 richest ranking
[ad_1] Three members of Walmart’s founding Walton family overtake the tech billionaire Published Sat, Feb 14, 2026 · 11:11 AM [NEW YORK] A weeks-long hot streak for Walmart shares has vaulted three members of the founding Walton family into the ranks of the world’s 10 richest people, overtaking Nvidia chief executive officer Jensen Huang, who…
Read MoreSingapore’s GIC pulls US$250 million from hedge fund Jain Global: sources
[ad_1] Published Sat, Feb 14, 2026 · 10:52 AM [SINGAPORE] Singapore’s sovereign wealth fund GIC has pulled cash from Jain Global, roughly 18 months after backing one of the biggest startups in hedge fund history. GIC has redeemed US$250 million from New York-based Jain, according to people with knowledge of the matter. The wealth fund…
Read MoreOil prices settle slightly higher
[ad_1] Published Sat, Feb 14, 2026 · 10:34 AM [HOUSTON] Oil prices settled marginally higher on Friday (Feb 13) after data showed an overall slowdown in US inflation, helping offset supply concern as Oprc+ is leaning towards a resumption in production increases. Brent crude futures closed US$0.23, or 0.3 per cent, higher at US$67.75 a…
Read MoreUS: S&P 500 ends up slightly as tech dips, inflation cools
[ad_1] Published Sat, Feb 14, 2026 · 09:34 AM [NEW YORK] The S&P 500 closed barely higher on Friday (Feb 13), with technology and communications services down on nagging fears of artificial intelligence (AI)-disruption but equities drew support from optimism that cooling inflation data would support Federal Reserve rate cuts. Data showed US consumer prices…
Read MoreRivian finds a way to shine even as the EV market struggles in the dark
[ad_1] Rivian shocked the market with strong earnings results, proving itself an outlier in the electric vehicle market, which has been struggling with the end of government subsidies and cooling consumer excitement. The shares of the Irvine-based high-end EV manufacturer skyrocketed 27% on Friday after it announced stronger-than-expected results, indicating that, after years of struggling…
Read MoreParents who blame Snapchat for their children’s deaths protest outside company’s headquarters
[ad_1] Standing in front of Snap’s Santa Monica offices, parents clutched photos of their children who died from taking fentanyl-laced pills facilitated through the disappearing messages of the Snapchat app. They rolled white paint onto the ground, spelling out the names of 108 children who died from alleged social media harms. “Snapchat: Protect kids not…
Read More“Crime 101” Is an Enjoyably Moody Exercise in Michael Mann Lite
[ad_1] Those qualities bind him, in a spiritual sense, to Lou, who can’t suppress a quiet admiration for the criminal he’s pursuing, and also to Sharon, the insurance broker, who is unwittingly drawn into both men’s orbits. She’s investigating a claim filed by Sammy Kassem (Payman Maadi), a jewelry-store proprietor who was robbed by Davis,…
Read MoreAI and Our Collapsing Creative Horizons | National Review
[ad_1] The real danger AI poses is to original thought itself. [ad_2] Source link
Read MoreThe Folly of Switzerland’s Proposed Population Cap | National Review
[ad_1] Swiss voters are being asked to decide on a referendum to limit the country’s population to 10 million people. [ad_2] Source link
Read MoreUS: Wall Street muted as markets assess softer-than-expected inflation data
[ad_1] [NEW YORK] Wall Street’s main indexes were muted on Friday (Feb 14), with communication services weighing as markets assessed softer-than-expected inflation data that kept Federal Reserve rate cut hopes intact. The Dow Jones Industrial Average fell 12.4 points, or 0.03 per cent, at the open to 49,439.58. The S&P 500 rose 1.5 points, or 0.02…
Read More