Category: Semafor

The News The US Supreme Court ruled 5-4 Monday that President Donald Trump cannot fire Federal Reserve Gov. Lisa Cook while she contests his administration’s unproven allegations of mortgage fraud, dealing a crucial blow to his pressure campaign of the central bank. However, in a separate 6-3 ruling, the justices ...

Rohan’s view Brian Roberts spent 24 years building Comcast into one of the largest conglomerates in the US, a juggernaut that owned the media on your screen, the pipelines that delivered it, and the platforms that served it up to you. Now Comcast is poised to undo all of it. ...

This year’s World Cup is already the most successful tournament for African nations on record, even after South Africa’s elimination by Canada on Sunday. Nine of the 10 participating African teams progressed to the knockout stage, and while they have benefited from an expanded tournament — 48 instead of 32 ...

Tiisetso’s view South Africa on Tuesday faces a major test for a state already stretched and carrying the scars of violence from years prior. New civic movements working alongside established anti-migrant vigilante groups are demanding the removal of undocumented migrants and tighter border enforcement, setting their own deadline of June ...

, by Samuel Moyn. A Yale law and history professor, Moyn argues that America’s oldest generations wield disproportionate power, leaving younger Americans with diminished opportunities and influence. Drawing on demographic and economic data, he contends that growing concentrations of wealth and political clout have widened the generational divide, calling for ...

US investors are borrowing record amounts of money to make ever-bigger bets on the AI buildout, increasing their exposure and boosting the volatility of the market. The $1.4 trillion in margin debt, along with growth in high-risk exchange-traded funds that amplify the moves of underlying stocks, exacerbated swings in South ...

The News US-based nuclear energy startup Nano Nuclear is aiming to get its partnership with the UAE back on track after the Iran war delayed plans to identify sites to develop small modular reactors in the Gulf nation, its chief executive told Semafor. Nano Nuclear is also in early stage ...

Investment banks are growing increasingly upbeat about the prospects for the global economy following the US-Iran truce. Though beset by challenges, the interim deal — alongside a dampening of trade-war rhetoric and a surge in tech capex — is laying “the foundation for a period of strong and balanced global ...

The US said it and Iran agreed to halt hostilities, although Tehran had yet to confirm. The almost two-week-old truce has been under persistent strain, with the latest bout of attacks beginning after an Iranian projectile hit a cargo ship on Thursday, prompting strikes by the US, and then Tehran ...

The News South Africa is bracing for a potentially violent day of anti-migrant demonstrations on Tuesday, prompting shopping mall owners to privately “prepare for the worst” and risking further tainting Pretoria’s reputation as a safe emerging market. The protest, organized by a civic movement called March and March, follows months ...