Stock market today: US futures advance as chipmakers shine; oil rises
US stock futures rose in Friday’s early trades, after European and Japanese markets extended advances led by tech names. Texas Instruments, Microchip, AMD, and Nvidia topped the S&P 500 risers in premarket trading,…
Corruption ‘everywhere’ in Chinese football, ex-head of governing body says in TV confession
The Chinese state TV on Tuesday aired interviews of former football officials confessing to bribe-taking that allegedly resulted in the poor performance of the team in international tournaments. Li Tie, the former Everton midfielder and ex-coach of the…
Harvard President Claudine Gay steps down; Provost Alan Garber to serve as interim leader
Claudine Gay announced on Tuesday that she is stepping down as Harvard president. Provost Alan M. Garber ’76, Harvard’s chief academic officer, will serve as interim president effective immediately. “This is not a…
Powerful earthquakes leave at least eight dead, destroy buildings along Japan’s western coast
A series of powerful earthquakes hit western Japan, leaving at least eight people dead and damaging buildings, vehicles and boats, with officials warning people in some areas on Tuesday to stay away from their…
The Economics of Christmas – A Statistical Look at Holiday Spending
The economics of Christmas are a big deal for the global economy – and we’re not just talking about buying Christmas gifts for economists. Indeed, the Christmas shopping phenomenon carves out a very…
The Fed’s higher-for-longer strategy on interest rates is slowly crumbling
Investors are feeling bullish that the Federal Reserve will begin to cut interest rates in the first half of next year, despite Fed Chair Jerome Powell and other officials saying they’re not considering rate cuts…
