Iran War Threatens China's 4.5 Percent Growth Target: Analysts

Here's What Andy Burnham Means For Crypto In The UK Authored by Aaron Wood via CoinTelegraph.com, Amid waning poll numbers and pressure from inside the Labour Party, Prime Minister Keir Starmer has stepped down.  During Starmer’s tenure, the government introduced a moratorium on cryptocurrency donations to political campaigns, citing concerns that crypto could become a vector for foreign influence in UK elections. Beyond the ban, the UK has charted a cautious path on crypto regulation under the Labour government.  Starmer’s departure from Number 10 has started discussions about his successor. A frontrunner has emerged...

Apple Sues OpenAI Alleging Trade Secret Theft In Blockbuster AI Hardware Case Apple has filed a major lawsuit in the U.S. District Court for the Northern District of California accusing OpenAI, io Products, and former Apple executives of misappropriating trade secrets to fast-track AI hardware development. The complaint details a months-long scheme involving former Apple employees now at OpenAI. Key defendants include Tang Tan (OpenAI hardware lead and ex-Apple VP of product design) and Chang Liu (former Apple senior electrical engineer). Apple alleges they directed recruits to share confidential details on...

One-Year Inflation Expectations Jump To 3 Year HIgh: NY Fed Survey Americans' expectations for inflation over the near-tern jumped last month while their sentiment toward the labor market improved, the latest NY Fed Federal survey of consumer expectations showed on Wednesday. Consumers’ estimates for inflation one-year ahead rose to a median 3.9% in September, up from 3.6% the prior month, reaching the highest level since May of 2023. At the same time, inflation expectations increased 0.1% to 3.3% at three-year horizon, and were unchanged at 3.0% at five-year horizon.  Over the...