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Lutnick Draws Red Line: "Great American Companies" Shouldn't Use Chinese Memory Chips
Lutnick Draws Red Line: "Great American Companies" Shouldn't Use Chinese Memory Chips
One week after The Wall Street Journal reported that Tim Cook's Apple was testing memory chips from China's CXMT, a company blacklisted by the Pentagon over alleged ties to the People's Liberation Army, the outlet published a follow-up story with an interview with Commerce Secretary Howard Lutnick, who publicly urged Apple not to proceed. The standoff comes as the AI data-center buildout absorbs global memory supplies, driving prices sharply higher and forcing consumer-electronics manufacturers to explore alternative...
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Mar 25, 2026 / Tyler Durden
In Win For Putin, India Buys 60 Million Barrels Of Russian Oil, As Refiners Increasingly Transact In Yuan, Dirham
Mar 25, 2026 / Tyler Durden
Goldman Sees Risk Of Food Price Spike Amid Fertilizer Disruption
Goldman Sees Risk Of Food Price Spike Amid Fertilizer Disruption
The conversation grows louder by the day as disruption at the Hormuz chokepoint hits the global nitrogen fertilizer market and, in turn, is set to impact upcoming corn and grain harvests in some key growing regions.
Goldman commodity analysts Lina Thomas and Daan Struyven penned a note on Tuesday warning clients that chokepoint risks in the Strait of Hormuz may affect global agricultural prices.
"The Strait of Hormuz is a critical route in the global nitrogen fertilizer market, which accounts...
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May 13, 2026 / Tyler Durden
The Hidden Cost To The American Worker From The AI Boom
The Hidden Cost To The American Worker From The AI Boom
Authored by Steven Edginton via American Intelligence,
While many warn that artificial intelligence itself will displace American workers, far less attention is paid to the fact that the very companies building AI are already replacing American employees with cheaper foreign labor. In many cases, though, the immediate threat to American workers is not the technology itself, but the hiring practices of the firms developing it.
In 2025, 406,348 H-1B visas were given to foreign workers in the United States, according...
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