Nvidia Weighs $250 Billion Backstop For OpenAI's Gargantuan Ohio Data Center Campus

Foggy, Foggy War By Michael Every of Rabobank With US stocks up, the Nasdaq with its longest winning streak since 2021, and screen oil down for a second day in a row, markets continue to price the starkly binary physical outcomes smack in front of us on the side that’s full of stardust. The IMF just warned of a potential world recession ahead if Hormuz stays shut. Its latest three global growth scenarios are ‘weaker’, ‘worse’ and ‘severe’ - “because markets”, and politics, the Fund chose the most benign as its base...

HSBC Sees "Upside Risks" From "Super Squeeze" In Commodities London copper futures are trading north of $14,700 a ton, Brent crude futures have climbed above $101 a barrel, US diesel crack spreads are back in triple-digit territory, and the Bloomberg Commodity Index is at a 14-year high. The energy shock has broadened into a rally across the commodity complex, from energy to agricultural products to metals and other critical materials, with a growing number of Wall Street research desks identifying tightening physical supplies as a key driver. HSBC chief economist for...

Trump Announces One-Time $90 Payments To 20 Million Seniors In Medicare Authored by Aldgra Fredly via The Epoch Times, President Donald Trump announced on Oct. 2 that his administration would issue one-time $90 payments to more than 20 million seniors enrolled in Medicare. A file photo shows a federal Medicare office. Spencer Platt/Getty ImagesTrump said the payments were meant to help seniors cover Medicare premiums and would come from the Medicare Improvement Fund, which Congress has allocated $2 billion to improve Medicare's fee-for-service program but has never been used, according to a...