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Monday, November 25, 2024

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Financial Markets and Economy

Worst Week for Bonds Since 2013 Seen Overstating Trump Policies (Bloomberg)

After Treasuries plunged this week on expectations that President-elect Donald Trump will boost government spending and stoke inflation, some of the bond market’s biggest dealers and investors say the economic optimism may be short-lived.

Carney’s New Neutral Seen as Meaning No BOE Rate Move Until 2019 (Bloomberg)

That’s according to the latest Bloomberg survey, which shows economists have dropped their call that the Bank of England would soon cut the key interest rate for a second time following the Brexit vote.

Taxes, Regulation, Healthcare: What Trump Could Mean For Small Businesses (Forbes)

What does a Trump presidency mean for small business? Hard to say. Unlike Hillary Clinton, Trump didn’t go out of his way to reach small business owners. And unlike Clinton, Trump ran a campaign more concerned with principles than specific policies. He was even willing to rearrange principles when politics demanded it.

Dollar Bloodbath Turns Bonanza as Fiscal Spark Seen in Trump Win (Bloomberg)

The widely held view was that a victory by Donald Trump in the U.S. presidential election would spur a dollar rout as investors anticipated uncertainty and financial-market volatility that would cause the Federal Reserve to delay interest-rate increases. 

Pound Traders Look to U.K. Inflation Data to Bolster Recovery (Bloomberg)

Pound bulls who found solace this week in political events outside Britain will look for signs of higher consumer prices to underpin the currency’s rally.

Outrage And Fear Fuel Continuing Anti-Trump Protests (AP, Bloomberg)

Portland, Ore. (AP) — Rowdy protests continued for a second night in Portland, Oregon, as people around the country protested Donald Trump's presidential election victory.

Why gun stocks are plunging since Trump won (CNN Money)

What happened? Trump was endorsed by the National Rifle Association and was the clear favorite of white, rural, gun-loving America.

Trump is turbocharging the stock market’s V-shaped surge (Market Watch)

V is for victory. V also represents the shape of the stock market’s trajectory as Donald Trump’s historic upset will likely recharge this bull market which had been languishing until he clinched the White House, according to analysts.

Companies

Package Carriers Building Up for E-Commerce Delivery (The Wall Street Journal)

The package-delivery operations at FedEx Corp. and United Parcel Service Inc. have been opening more and larger sorting facilities that are readily accessible to their customers—shortening the often time-consuming first leg of a shipment, from e-commerce fulfillment center to shipping hub.

Technology

Uber just poached a longtime Google exec from SoftBank to be its new head of HR (Business Insider)

The move gives Uber a seasoned executive with public company experience to help manage the $66 billion ride-hailing service's rapidly swelling ranks and to guide it through the various challenges facing startups as they evolve into giant businesses.

Car Makers Gear Up for Electric Push (The Wall Street Journal)

The coming weeks offer big new showcases for the humble electric-vehicle.

AI science search engines expand their reach (Nature)

A free AI-based scholarly search engine that aims to outdo Google Scholar is expanding its corpus of papers to cover some 10 million research articles in computer science and neuroscience, its creators announced on 11 November. Since its launch last year, it has been joined by several other AI-based academic search engines, most notably a relaunched effort from computing giant Microsoft.

The 4 levels of bots: How to stop worrying and love AI (Venture Beat)

It’s been hard to ignore bots and virtual assistants lately. Google is integrating its Google Assistant into its smartphones, home devices, and Allo messaging service. Amazon’s smart-home Echo device is becoming an “unlikely hit” among American households, selling an estimated 3 million devices since its launch in 2014.

Submarines: Keepers of the nuclear apocalypse (CNet)

Roughly half of America's nuclear missile arsenal is hidden away in 14 secret locations under the sea. Here's what life is like aboard these important ships.

AT&T downgrades video quality on mobile with ‘Stream Saver’ (Tech Crunch)

AT&T just introduced a new “feature” much like T-Mobile’s Binge On that will automatically throttles all video streams to a lower resolution and bandwidth unless you opt out of it. They call it Stream Saver, and yes, it applies to “unlimited” data plans.

Folding electric bike will transform how you get around (Mashable Asia)

This powerful electric bike folds away in just 10 seconds for supercharged transportation and convenient storage.

Audi Japan is selling one 'Final Fantasy XV' themed R8 (Engadget)

Square Enix's long-awaited next entry in the 30-year-old Final Fantasyfranchise arrives November 29th on PS4 and Xbox One, but first up is this promotional tie-in from Audi.

Apple May Face Questions After iPhone 7 Plus Reportedly Explodes Following Drop (Digital Trends)

We might have passed the worst of the exploding Galaxy Note 7 madness, but a new report from China suggests Samsung isn’t the only one with this problem. A report from Chinese tech site Gizmochina says an Apple iPhone 7 Plus exploded after being dropped.

BlackBerry has one more keyboard phone up its sleeve (CNet)

After launching the DTEK50 in August, otherwise known as its last "official device," former phone maker BlackBerry said it will switch gears to fully concentrate on security and software.

Politics

Why Americans fleeing Donald Trump might not be welcome in Canada (Business Insider)

As the US election results rolled in on Tuesday night, the Canadian government's immigration website crashed and Google search traffic around moving to the country surged.

What Trump Might Really Do With Health Care (Associated Press)

WASHINGTON (AP) — President-elect Donald Trump has said he may keep some parts of his predecessor's signature health care overhaul. No final decisions have been made.

A chief EU Brexit negotiator told us why the deal Britain wants makes no sense (Business Insider)

Just a few months ago, Guy Verhofstadt was a name that was most likely lost on any Brit who didn't boast an impressive knowledge of European politics.

Americans are freaking out about losing Obamacare (CNN Money)

These are the voices that aren't being heard.

Often drowned out amid all the cries to repeal Obamacare are the stories of those whose lives now depend on the health care reform law.

Trump’s win was a failure of many things—but democracy isn’t one of them (Quartz)

Donald Trump’s election victory has not only terrified liberals, minorities, and much of the planet, but has shaken some people’s faith in democracy itself. That this bigoted, lying, self-contradicting, autocratic, anti-science, tantrum-throwing man-child could become the world’s most powerful leader surely shows the very system for choosing leaders is fatally flawed.

What Next For U.S.-Turkey Relations Under A Trump Presidency? (Newsweek)

Turkey rejoiced cautiously at the unexpected victory of U.S. President-elect Donald Trump. Prime Minister Binali Yildirim welcomed his election as a “new era” in bilateral relations. Whether this positive sentiment will persist once Trump officially assumes office remains to be seen.

Clinton campaign email: Comey letters threw the election to Trump (Politico)

Hillary Clinton’s campaign is still trying to pick up the pieces.

Navin Nayak, the head of Clinton’s opinion research division, sent an email to senior campaign staff Thursday night sharing initial takeaways from the bruising loss that caught the Democratic nominee’s team completely off guard.

Donald Trump Says He’s Willing to Preserve Parts of Obamacare (TIME)

President-elect Donald Trump, who had repeatedly campaigned on a promise to repeal the Affordable Care Act, said Friday that he would consider keeping certain parts of the health care law after meeting with President Obama at the White House this week.

Democrats Hoping ‘Trump Effect’ Would Drive Latino Turnout Neglected Engagement Work (The Huffington Post)

On Sept. 5, 2014, Democratic National Committee leaders received a proposal for a plan to boost the Hispanic voter turnout rate using direct mail, phone calls, radio ads and news media appearances. The plan urged that the party focus on Arizona, Colorado, Florida, Nevada, New Mexico and Texas. The cost: $3 million.

Surveillance Self-Defense Against the Trump Administration (The Intercept)

On Tuesday, Americans handed the U.S. presidency to a racist, xenophobic, authoritarian, climate-science-denying, misogynistic, revenge-obsessed ego-maniac — and with it control over a vast and all-too-unaccountable intelligence apparatus; and in a speech less than three weeks ago, Trump promised to sue all of the women who have come forward with sexual assault accusations against him.

Health and Biotech

I took a DNA test hoping for surprises, but I'm exactly who I thought I was (The Guardian)

At first glance the DNA ancestry “craze” may seem like yet another navel-gazing fad cleverly monetized by the tech industry. But personal genetic testing is much more than a kind of Snapchat filter for your family album.

Brain-Spinal Interface Could One Day Help Paralyzed People Walk Again (Digital Trends)

Researchers have helped restore control of non-functioning limbs in monkeys with spinal injuries, raising hope that the same technology could one day help paralyzed people to walk again.

Life on the Home Planet

Everything you need to know about nuclear fusion in 6 minutes (Science Alert)

If we can get the technology right, nuclear fusion promises to give us all the clean energy we could want – which is why researchers across the world are racing to perfect the science to make this viable.

The 23 safest countries to live in the world (Business Insider)

The Legatum Institute, a London-based research institute released on Thursday its 10th annual global Prosperity Index,a massive survey that ranks the most prosperous countries in the world.

Afghanistan suicide bomb kills at least four at Bagram airbase (The Guardian)

At least four people have been killed and 18 wounded after a Taliban suicide bomber dressed as a labourer blew himself up at a Nato airbase in Afghanistan.

Protesters set to gather again in U.S. cities to oppose Trump (Reuters)

Demonstrators are expected to gather again on Saturday in cities across the United States to protest at President-elect Donald Trump and his policies, which they say will hurt their civil and human rights, a day after a protester was shot in Portland, Oregon.

Iraqi army says advances in Mosul, despite suicide bombers (Reuters)

Iraqi special forces backed by U.S. and Iraqi air power took control of two districts of eastern Mosul on Saturday after heavy fighting in which they destroyed nine cars deployed by Islamic State as suicide bombs, the military said.

Our Obligation to Humanity in the Face of Climate Change (The Huffington Post)

Even if the ever-mounting evidence that climate change is and will disastrously affect our lives is proven otherwise, it behooves us to prepare for it and to mitigate its risks and threats. This is what any reasonable government, military, company or organization would do for unexpected scenarios.

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