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Space Monopoly
July 07, 2023 | From Balloongate to semiconductor sanctions, 2023 hasn’t been a good year for relations between the U.S. and China. That has put an even bigger spotlight on U.S. Treasury Secretary Janet Yellen’s visit this week to China, which markets watched keenly for insights into how the two countries might interact going forward.
“Twitter Killer”
July 06, 2023 | Instagram, owned by Meta, has introduced Threads, a new app aimed at competing with Twitter. This launch poses the most significant challenge to Elon Musk's struggling social media platform to date, gathering over 10 million sign-ups in the first seven hours and over 30 million after the first day.
Heat Waves
July 05, 2023 | The U.S. labor market is showing surprising strength, despite the Federal Reserve’s aggressive interest-rate campaign. While tech layoffs have headlined, they simply don’t tell the whole labor market story.
