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TSMC Sales Surge Past Expectations on AI Infrastructure Demand

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s second-quarter sales were buoyed by the AI boom that’s fueling data center investment worldwide.Most Read from BloombergThe sole...

Powell Flags Rising Risks to Jobs While Avoiding Rate-Cut Timing

(Bloomberg) -- Federal Reserve Chair Jerome Powell said officials are increasingly wary of potential risks to the labor market from high borrowing costs as...

New Siri Experience With Apple Intelligence Likely to Debut in Spring 2025

Apple's revamped version of Siri is unlikely to be available with the initial rollout of Apple Intelligence later this year, according to Bloomberg's Mark...

Report: Apple Watch Series 10 to Offer Larger Screens and Faster Chip, but New Health Features in Trouble

The Apple Watch Series 10 will feature a larger display and a new chip, but new health monitoring features for the device are now...

US Bond Yields Fall as Jobs Data Fuels Bets on Two 2024 Fed Cuts

(Bloomberg) -- Traders are once again betting that Federal Reserve officials will lower interest rates twice this year as a mixed report on the...

Gold Set for Weekly Gain as US Jobs Data May Give Clue on Easing

(Bloomberg) -- Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking...

Asian Equities to Tread Water Before US Jobs Data: Markets Wrap

(Bloomberg) -- Equities in Asia were primed for a flat open with traders now looking ahead to US jobs data due later Friday for...

S&P 500 Hits Fresh Peak in Run-Up to Jobs Report: Markets Wrap

(Bloomberg) -- Wall Street traders sent stocks higher as bonds yields fell after a string of weaker-than-estimated economic reports reinforced the case for the...

Stocks Kick Off Jobs Week With Gains as Euro Rises: Markets Wrap

(Bloomberg) -- Stocks started the month on a positive note, with traders bracing for a deluge of economic reports while weighing the impacts of...

Empty Wellington Shops Send Grim Economic Message to RBNZ Hawks

(Bloomberg) -- In downtown Wellington, New Zealand’s capital city, dozens of empty shops speak to an economic gloom that’s pervading the entire country.Most Read...

Apple Adds Alibaba, JD to List of Vision Pro Apps for China

(Bloomberg) -- Apple Inc. has added China’s two biggest online retailers to a growing list of apps that will support its mixed-reality Vision Pro...

High Airfares to Persist as Travel Booms, New AirAsia Boss Says

(Bloomberg) -- There’s no end in sight to the high airfares that are a mainstay of the world’s post-pandemic travel boom, according to Asia’s...

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