Senate Moves Major Crypto Regulation Bill Toward Vote

Israel is launching an increasing number of incursions into southwest Syria, targeting both the Quneitra and Daraa Governorates. At least 22 such incursions have already been documented so far this month, with more happening all the time. The highest profile incidents in recent days have been happening in Daraa Governorate, around the village of Maariyah, […]

Qualcomm To Design China-Specific Data Center Chip In Compliance With US Export Curbs Qualcomm unveiled its data center chip lineup on Wednesday, becoming the latest chipmaker to enter the AI processor race in an attempt to challenge market leader Nvidia. CEO Cristiano Amon told Nikkei Asia the company is eyeing the China market for its data center products, including designing chips specifically for Chinese customers that are in compliance with U.S. export controls. The mobile chip giant is revamping the design of data center processors, which is traditionally powered by graphic processing...

ADP Employment Report Shows 12th Straight Month Of Job Gains With jobless claims still hovering near multi-decade lows and Job Openings soaring, and despite near record low consumer sentiment (particularly about the labor market), ADP was expected to report another strong employment report this morning with the US economy adding 120k jobs. The actual print was a disappointing +98k, but still represented the 12th straight month of employment gains... Source: Bloomberg Once again Small Business led the charge with hiring, but the gains were seen across all firm sizes... Interestingly, only the Natural Resources...