News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Macro
Weak Jobs Report Lowers Fed Rate Hike Expectations
A disappointing jobs report led to a decrease in expectations for a Federal Reserve rate hike, with the S&P 500 hitting a record high on strong corporate earnings.
Mercation Admin1 min - Macro
U.S. Job Losses in July Raise Questions About Fed Rate Hikes
The U.S. labor market weakened in July with a loss of 23,000 jobs, impacting expectations for Federal Reserve rate hikes.
Mercation Admin3 min - Macro
AI Boom Leads Big Tech to $1 Trillion in Lease Obligations
Big Tech companies have taken on over $1 trillion in future lease obligations for AI data centers, raising concerns about potential credit risks in the sector.
Mercation Admin2 min - Macro
Ray Dalio Warns of AI Bubble Echoing 1929 and 2000 Crashes
Ray Dalio warns that the current AI market bubble resembles those of 1929 and 2000, highlighting risks tied to investor behavior and economic conditions.
Mercation Admin2 min - Macro
US AI Leadership Hinges on Infrastructure, Not Just Models
The US maintains its lead in AI through control of infrastructure rather than just models, according to Alex Capri in Fortune.
Mercation Admin2 min - Macro
IBM Claims Milestone in Quantum Computing, Impacts on Bitcoin Security Remain Limited
IBM reports achieving "trusted quantum advantage" with a quantum computer, marking progress in quantum computing but posing no immediate threat to Bitcoin's security.
Mercation Admin3 min - Macro
Fed Holds Interest Rates Steady Amid Split Votes; Crypto Market Unaffected
The Federal Reserve maintained its interest rate, resulting in a notable split among committee members, while the cryptocurrency market remained stable and stock indices fell.
Mercation Admin3 min - Macro
Federal Reserve Maintains Interest Rates, Market Awaits Warsh's Guidance
The Federal Reserve has opted to keep interest rates steady at 3.50%-3.75%, as market participants await insights from Chairman Kevin Warsh.
Mercation Admin3 min - Macro
Citadel Anticipates Fed Rate Hike Amid Bitcoin Analysts Expecting Stability
Citadel anticipates a surprise Fed rate hike on Wednesday, diverging from analysts expecting no change. This could impact Treasury yields and risk assets like bitcoin.
Mercation Admin5 min - Macro
Prediction Markets Raise Odds for Fed Rate Hike
Prediction markets are indicating an increased likelihood of a rate hike by the Federal Reserve in July, influenced by inflation and oil prices.
Mercation Admin1 min - Macro
Prediction Markets Indicate Increased Likelihood of Fed Rate Hike
Prediction market traders have increased the likelihood of a Federal Reserve rate hike ahead of its upcoming meeting, with odds shifting significantly in just 24 hours.
Mercation Admin2 min - Macro
U.S. June CPI Declines 0.4%, Likely Reducing Fed Rate Hike Expectations
The U.S. June Consumer Price Index dropped by 0.4%, which is expected to ease the Federal Reserve's inclination to raise interest rates at the upcoming meeting.
Mercation Admin3 min