How the Trump administration could attack state laws it says stifle US economy
The Trump administration is hunting for state laws that drag down the US economy. But axing statutes it sees as problematic will depend on how it wields the Constitution’s powerful Commerce Clause.
Last Friday, the Justice Department and the National Economic Council announced a joint initiative to “address” state statutes that “significantly and adversely affect the national economy.” State regulations,
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Read MoreThe US housing market's historic slump could send inflation plummeting in the coming year
Inflation could be about to see a big drop, even with tariffs still looming over the economy.
The US housing market will be a big driver of headline disinflation, according to Rosenberg Research, which foresees a major drop in home prices that could drag the pace of inflation close to 1% — well below the Fed’s 2% price growth target.
Read MoreUncertainty persists despite EU-US trade deal, says ECB’s Lagarde
BERLIN – The US-EU trade deal has eased but “certainly not eliminated” global uncertainty, European Central Bank (ECB) president Christine Lagarde said on Aug 20.
Speaking at a panel at the World Economic Forum in Geneva, Ms Lagarde said the deal had left the effective US tariff rate for EU goods at between 12 and 16 per cent.
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Read MoreDonald Trump calls on Federal Reserve governor Lisa Cook to resign
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Read MoreThe Burst
Nvidia’s Stock Split, What Most Investors Are Missing
Almost exactly a year ago, Nvidia executed its sixth stock split since going public back in 1999, a 10-for-1 move that slashed its share price and gave investors a psychological boost.
Six months later, Nvidia stock marched to fresh all-time highs, fueled by a tidal wave of interest in AI and semiconductor innovation.
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Read MoreThe Ivy
1 Company You’ve Probably Never Visited But Touch Every Day
At first glance, TSMC might look like just another chipmaker. But that’s like calling Lamborghini just another car company. TSMC doesn’t design chips, it builds them, using some of the most advanced manufacturing technology in existence.
TSM’s fabrication facilities, or “fabs,” can etch transistors smaller than viruses onto silicon wafers. That’s not hyperbole;
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Read MoreThe Spotlight
Up 94% Will This Semi Stock Keep Soaring?
Semiconductor and data infrastructure company Marvell Technology (NASDAQ:MRVL) absolutely trounced the market last year by a factor of over 3x, delivering a trailing 12-month return of almost 94%.
While the stock was rising gradually all year, the company’s shares soared in early December and finished the year extremely strong.
Why are Marvell shares rising,
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