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A new neutral rate, much like a decades-old one
A look at the day ahead in European and global markets from Wayne Cole. It’s been a bit of a random walk in Asia so far, with oil and yields up, stocks mixed, gold down and the dollar flat. Oddly, European share futures are firmer, while Asia and Wall Street futures have eased. Brent has climbed around 2% after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, which seems to be a repeat of its previous demands. Analysts, at least public

The San Juan Daily Star
Sep 294 min read


With boats getting bigger, money is flowing into marinas
Yachts docked at Safe Harbor marina in Newport, R.I., Aug. 9, 2026. The private equity firm Blackstone paid $5.6 billion in early 2025 for Safe Harbor. (David Degner/The New York Times) By MURRAY CARPENTER Tanned and tousled after a sailing regatta on Narragansett Bay, more than a thousand people gathered last month at a large marina in Newport, Rhode Island, for three days of competitive racing, dockside dinners and drinks aboard superyachts.Events like these bring together

The San Juan Daily Star
Sep 284 min read


The world is talking about AI’s dangers. Now, it’s time to act
By KEVIN ROOSE This, friends, will be my final column at The New York Times. I am off to new adventures, including publishing a book about the race to create artificial general intelligence and starting a new podcast with my “Hard Fork” co-host, Casey Newton. It has been an honor to spend the last nine years as your tech columnist, testing out all manner of gadgets, selling NFTs and being seduced by unhinged chatbots in the name of journalism. Before I go, my editor has invit

The San Juan Daily Star
Sep 283 min read


Wall Street dips as investors focus on US-Iran war
Wall Street was down on Thursday as uncertainty about the Middle East lifted oil prices and Treasury yields, but stocks came off session lows after Reuters reported US and Iranian negotiators were exploring a deal to reopen the Strait of Hormuz. The S&P 500 and Nasdaq pared losses after the report that US and Iranian negotiators in New York were exploring a path out of war that would also include Washington lifting its economic blockade of Iran. US and Iranian leaders excha

The San Juan Daily Star
Sep 252 min read


Wall Street ends down as oil prices, Treasury yields rise
Wall Street ended lower on Wednesday, pulled down by Alphabet and Amazon, as Treasury yields climbed and Iran’s president said Tehran would never surrender to US pressure. Oil prices rose almost 4% and the S&P 500 energy sector index (.SPNY), rallied after Iranian President Masoud Pezeshkian’s speech at the UN, a day after US President Donald Trump warned he could “annihilate” Iran. A survey showed US business activity raced to a more than five-year high in September, pushi

The San Juan Daily Star
Sep 243 min read


The crypto industry aims to crush one of Democrats’ top Senate candidates
Then-Chairman Sherrod Brown (D-Ohio) listens to testimony during a Senate Banking, Housing, and Urban Affairs hearing, to examine why financial system safeguards are needed for digital assets and cryptocurrency, on Capitol Hill in Washington on Tuesday, Feb. 14, 2023. (Pete Marovich/The New York Times) By THEODORE SCHLEIFER The cryptocurrency industry, furious at Democrats for blocking the passage of a major business-friendly bill last week, is beginning to wage war on the pa

The San Juan Daily Star
Sep 234 min read


Nasdaq reaches record high close, AI stocks rally
The Nasdaq notched a record high close on Tuesday, lifted by Micron Technology and other AI-related stocks, while the S&P 500 hovered just below a record high as oil prices traded around $100 per barrel. Chip stocks added to recent gains while consumer-related software shares lost ground. Investors focused on the strong reception of Meta Platforms’ AI assistant, which launched this month and can send emails and complete transactions on behalf of a user. The success of the A

The San Juan Daily Star
Sep 232 min read


Networks suspend pool coverage of Trump after White House bans CNN
Two broadcast booths for CNN outside the White House in Washington, on Monday, Sept. 21, 2026. Major television networks on Monday agreed to suspend their pooled coverage of President Donald Trump after the White House refused to allow CNN to serve as a pool representative on Monday. (Kenny Holston/The New York Times) By MICHAEL M. GRYNBAUM and ALI WATKINS The major television networks Monday suspended their pooled coverage of President Donald Trump, breaking a practice that

The San Juan Daily Star
Sep 224 min read


Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
The Nasdaq surged to a record-high close on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while Treasury yields retreated from recent highs and crude prices tumbled to an 11-day low on speculation about a potential breakthrough in Middle East talks at a UN meeting this week. Chip stocks rallied, with Intel (INTC.O), surging 12.2% and Arm Holdings up 17%. The PHLX semiconductor index (.SOX), jumped 4.3%. Advanced Micro Devices (AMD.O), rose abo

The San Juan Daily Star
Sep 223 min read


Investors focus on rate path, AI slowdown after Fed hike
US stock investors will focus this week on the trajectory of interest rates, tensions in the Middle East and fresh calls to slow AI advancement as they weigh whether equity indexes can make new all-time highs. Markets will continue to digest Wednesday’s decision by the Federal Reserve to hike interest rates for the first time in three years, in an effort to tamp down above-target inflation. While the rate increase was widely expected, investors were left uncertain about how

The San Juan Daily Star
Sep 213 min read
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