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    Intel CEO Pat Gelsinger retires after tumultuous tenure leading the chip giant

    by skolnes December 2, 2024
    December 2, 2024

    Intel (INTC) announced Monday that CEO Pat Gelsinger retired effective Dec. 1 and stepped down from the company’s board of directors. He had led aggressive efforts to turn around the …

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    Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

    by skolnes December 2, 2024
    December 2, 2024

    Intel CEO CEO Pat Gelsinger has retired, with David Zinsner and Michelle Johnston Holthaus named as interim Co-CEOs. Gelsinger, whose career has spanned more than 40 years, also stepped down …

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    Dollar Up Amid French Budget Drama; Futures Steady: Markets Wrap

    by skolnes December 2, 2024
    December 2, 2024

    (Bloomberg) — The dollar pushed higher as the crisis swirling around the French government deepened, dragging on the euro. Treasuries fell as traders prepared for US data that may influence …

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    Fed’s Powell may have made US monetary policy boring again

    by skolnes December 2, 2024
    December 2, 2024

    By Howard Schneider WASHINGTON (Reuters) – For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing multi-trillion-dollar safety nets under …

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    Futures slip at start of data-packed week

    by skolnes December 2, 2024
    December 2, 2024

    (Reuters) – U.S. stock index futures started December lower after recording robust gains last month, with focus on a slate of economic data later this week, including a jobs report, …

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    Here’s What to Look for Next.

    by skolnes December 2, 2024
    December 2, 2024

    Nvidia (NASDAQ: NVDA) has entered the moment all Nvidia-watchers and investors have been waiting for: The tech giant is about to officially launch its Blackwell architecture and chip. Why is …

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  • Cryptocurrency News

    Trump changes tune on strong dollar

    by skolnes December 2, 2024
    December 2, 2024

    (Reuters) – A look at the day ahead in European and global markets from Wayne Cole The dollar is making the early running on Monday, retaking some of last week’s …

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  • Cryptocurrency News

    Exclusive-Latest US strike on China’s chips hits semiconductor toolmakers

    by skolnes December 2, 2024
    December 2, 2024

    By Karen Freifeld and David Shepardson (Reuters) – The U.S. will launch its third crackdown in three years on China’s semiconductor industry on Monday, restricting exports to 140 companies including …

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  • Cryptocurrency News

    ‘Cut Federal Taxes To ZERO,’ Says Grant Cardone. Here’s Why He Believes Zero Federal Taxes Would Lead To ‘Age Of Prosperity And Affluence’

    by skolnes December 2, 2024
    December 2, 2024

    ‘Cut Federal Taxes To ZERO,’ Says Grant Cardone. Here’s Why He Believes Zero Federal Taxes Would Lead To ‘Age Of Prosperity And Affluence’ Grant Cardone, the well-known entrepreneur and real …

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  • Cryptocurrency News

    The Critical Metal That Skyrocketed From $6,000 to $38,000 Per Ton

    by skolnes December 2, 2024
    December 2, 2024

    The Pentagon just got a painful wake-up call. Its stockpiles of crucial armaments are depleting at a record pace as the war in Ukraine drags on, and its poorly armed …

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