Day: August 24, 2026

Nvidia warned of higher prices for servers containing its AI chips as soaring memory costs strain the AI buildout. Nvidia told some of its biggest customers to expect price hikes of more than 15%, Bloomberg reported, highlighting memory chip companies’ leverage over the AI industry. Nvidia is also pushing into ...

Investors and analysts poured scorn on US Treasury Secretary Scott Bessent’s doubling of long-term bond purchases last week, which provided temporary relief but faces structural economic headwinds that are driving yields higher. The buybacks are a “band-aid on a bullet hole,” a Nomura strategist told the Financial Times, while ING ...

China hosted Iran’s deputy foreign minister for talks last week related to the US-Iran war, Beijing announced Sunday, disclosing the previously unreported meeting one day before Washington is expected to unveil “the toughest sanctions in history” against Tehran. The Trump administration has warned of an “Economic D-Day” for Iran and ...

Japan passed a law to designate one of its cities as a second capital, triggering a flurry of public relations campaigns by the 13 local governments vying for the mantle. Deemed necessary for ensuring continuity of government in the earthquake-, typhoon-, and flood-prone nation, the law dangles an opportunity for ...

US president, pushing on with Freedom 250 festivities, makes over nation’s capital for Trump rally on wheels Kyle Kirkwood wins Freedom 250 IndyCar race after Trump waves the green flag He got the wrong end of the stick. Donald Trump couldn’t figure out how to hold the green flag until ...