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Nvidia Turns to Wall Street to Help Finance AI Infrastructure
Nvidia has been working with major Wall Street firms to develop financing structures that could help customers fund purchases of chips and AI infrastructure, with CEO Jensen Huang promoting the concept of AI factories as a new class of productive, investable infrastructure.

By The Financial District
7 days ago1 min read


U.S. Mortgage Delinquencies Rise in Q2
More Americans fell behind on their home and auto loan payments in the second quarter of 2026, according to new data from the Federal Reserve Bank of New York.

By The Financial District
7 days ago1 min read


PSE Index Hexed by Ghost Month
The Philippine Stock Exchange (PSE) index tumbled on Thursday, weighed down by the traditional Ghost Month phenomenon and economic concerns, closing 78.39 points, or 1.23%, lower at 6,288.25 points.

By The Financial District
Aug 141 min read


Higher Mortgage Rates Threaten US Housing-Market Recovery
Mortgage affordability is becoming a growing concern for the US housing market as borrowing costs remain elevated.

By The Financial District
Aug 131 min read


Trump Imposes 15% Tariff on Polysilicon Imports in Move Targeting China
President Donald Trump signed an executive order on Thursday imposing a 15% tariff on imported polysilicon products, a key material used in semiconductors and solar panels, in a move that is expected to affect China.

By The Financial District
Aug 131 min read


PSE Index Up on Bargain Hunting
The Philippine Stock Exchange (PSE) index rose 39.75 points, or 0.63%, to 6,366.64, on Wednesday as investors engaged in bargain hunting.

By The Financial District
Aug 131 min read


PSE Index Gains 0.60% as Investors Await Rate Decision
The Philippine Stock Exchange (PSE) index surged 37.68 points, or 0.60%, to 6,326.89 points, although concerns remained about the market's trajectory.

By The Financial District
Aug 111 min read


Iran Says Deal with Oman on Strait of Hormuz Traffic Is Near
Iran and Oman are nearing a new arrangement for managing commercial traffic through the Strait of Hormuz, with Tehran saying the proposed framework would establish a new security model for the strategic waterway.

By The Financial District
Aug 111 min read


Philippine Gaming Revenue Falls 20% to ₱88.13 Billion in Q2
The Philippine gaming industry generated ₱88.13 billion in gross gaming revenue (GGR) during the second quarter of 2026, down 20.33% from the ₱110.63 billion recorded during the same period last year, according to the Philippine Amusement and Gaming Corp. (PAGCOR).

By The Financial District
Aug 112 min read


PSE Index Slips on Economic, Geopolitical Concerns
The Philippine Stock Exchange (PSE) index declined in subdued trading on economic concerns and geopolitical risks, closing at 6,289.21 points, down 1.14 points, or 0.02%.

By The Financial District
Aug 111 min read


European Stocks Hit Records as AI Infrastructure Stocks Lead Rally
an-European STOXX Europe 600 climbed to another record, closing at around 657 points after reaching a fresh intraday high and extending its winning streak to three consecutive sessions.

By The Financial District
Aug 101 min read


NASA Objects to Nevada Tungsten Project Over Space Communications Concerns
The race to secure supplies of critical minerals has intensified as the United States seeks to reduce its dependence on foreign sources, particularly China.

By The Financial District
Aug 101 min read


China Tightens Drone Export Controls in Response to U.S. Restrictions
China announced a series of economic measures against the United States, including tighter controls on drone exports and sanctions against six American entities, in response to recent restrictions imposed by Washington.

By The Financial District
Aug 101 min read


Philadelphia Fed President Keeps "Open Mind" on Interest Rates
Philadelphia Federal Reserve President Anna Paulson said that she supported last week's decision to keep interest rates unchanged and is maintaining an open mind about future policy moves, depending on how inflation evolves.

By The Financial District
Aug 101 min read


Ray Dalio Warns AI Market Bubble Resembles 1929 and Dot-Com Era
Ray Dalio, the billionaire founder of Bridgewater Associates, issued one of his strongest warnings yet about the current market environment during an appearance on The Diary of a CEO podcast with host Steven Bartlett.

By The Financial District
Aug 102 min read


NCR Wage Hike Tests the Balance Between Worker Relief and Business Survival
When Wage Order No. NCR-27 granted an ₱85 increase in Metro Manila’s daily minimum wage, it was presented as a measure to help workers contend with the rising cost of living.

By The Financial District
Aug 104 min read


Trump Criticizes ExxonMobil, Chevron for Windfall Profits Amid Iran Conflict
President Donald Trump criticized the nation's two largest oil companies, accusing ExxonMobil and Chevron of earning excessive profits as crude oil prices remained elevated during the U.S. conflict with Iran.

By The Financial District
Aug 81 min read


Japan Needs Policy Reform, Not U.S. Reliance, to Halt Yen's Decline
The responsibility for restoring confidence in the yen rests with the Japanese government.

By The Financial District
Aug 81 min read


Virginia Promotes Agrivoltaics to Expand Solar Power While Preserving Farmland
A new Virginia law is intended to encourage the development of agrivoltaics—the practice of combining agriculture with solar energy production—as electricity demand continues to rise alongside concerns about the loss of farmland.

By The Financial District
Aug 81 min read


PSE Index Edges Higher as Volatility Persists
The Philippine Stock Exchange (PSE) index closed slightly higher on Friday after another volatile session, ending the trading week at an intraday high of 6,290.35 points, up 12.40 points, or 0.20%.

By The Financial District
Aug 81 min read


Trump Tariffs Prompt Some U.S. Companies to Shift Manufacturing Back to China
President Donald Trump's tariff policies have not consistently encouraged U.S. manufacturers to reshore production.

By The Financial District
Aug 71 min read


EU Faces Tough Path Toward Reducing Trade Imbalance With China
The European Union faces significant challenges in negotiating a reduction in its trade imbalance with China, with analysts warning that tensions could continue to escalate ahead of an October deadline.

By The Financial District
Aug 71 min read


California Democrats Endorse Billionaire Wealth Tax Despite Newsom's Opposition
The California Democratic Party has endorsed a November ballot measure that would impose a tax on the wealth of billionaires, defying the position of Gov. Gavin Newsom and several influential labor unions.

By The Financial District
Aug 71 min read


Illinois Solar for All Program Helps Nonprofits Cut Energy Costs
An Illinois clean energy program is helping nonprofit organizations reduce electricity costs through subsidized solar power installations.

By The Financial District
Aug 71 min read
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