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Journal Editorial Report: Education Secretary Betsy DeVos says unions are blocking a return to classroom instruction. Image: Reuters/Brendan McDermid...
(Bloomberg) -- The emerging-market rally that has all but wiped out the losses since the start of the coronavirus pandemic looks headed for a late-August reappraisal amid a resurgence of trade tensions and delays to a U.S. stimulus.Indexes of stocks, currencies and domestic bonds rose in tandem last week, with the MSCI equity gauge clocking up its longest sequence of weekly gains since January, even as idiosyncratic risks across developing nations mounted. China’s retail sales and industrial production data missed estimates, Malaysia’s economy shrank the most since the Asian financial crisis, Brazil suffered a fresh bout of political turmoil and Turkey struggled to shore up the lira.That resilience may now be tested as U.S.-China relations worsen in the run-up to America’s presidential election. President Donald Trump on Friday ordered the Chinese owner of the popular music video app TikTok to sell its U.S. assets, as both countries postponed talks planned for...
Journal Editorial Report: Bill McGurn and Jillian Melchior on why Beijing is targeting the pro-democracy publisher who refuses to flee the city. Image: May James/Zuma Wire...
Journal Editorial Report: Bill McGurn and Jillian Melchior on why Beijing is targeting the pro-democracy publisher who refuses to flee the city. Image: May James/Zuma Wire...
Stock prices have marched relentlessly higher in recent months, even as the former vice president maintains a lead over President Trump in the polls....
US chipmaker Intel Corp. last week revealed a new technology for making transistors which is said to improve the performance of its next round of processors by as much as 20%.Intel (INTC) disclosed the so-called SuperFin technology for its existing 10-nanometer (nm) chip process node, describing it as its largest single, intra-node enhancement in the company’s history, which promises to deliver performance improvement comparable to a full-node transition. The 10nm SuperFin technology combines Intel’s FinFET transistors with Super metal insulator metal capacitor, the company said.“It is 20%, the largest intra-node jump ever in our history,” Raja Koduri, Intel’s chief architect, said of the performance gain in an interview with Reuters. “It’s actually same as what you would get with one full Moore’s Law node of performance.”It will not be possible to test those claims in the real world until Intel’s new chips come out, but its “Tiger Lake” laptop chips slated...