Solid NFP Results Fail to Calm Markets Amid Rising Tariff Pressure

The US labor market report for the month of March showed a mixed view on how the jobs market performed in March. Friday’s Nonfarm Payrolls (NFP) figures exceeded economists’ expectations, showcasing robust job creation with significantly high numbers of new jobs added during the month. Meanwhile, wage growth aligned with analyst estimates. However, the unemployment […]
Intel and TSMC Forge Tentative Chipmaking Alliance

Intel Corporation and Taiwan Semiconductor Manufacturing Co. (TSMC) have come to a preliminary agreement to establish a joint venture to run Intel’s chip manufacturing plants. In this agreement, which was motivated by attempts to improve Intel’s position in the semiconductor industry, TSMC will acquire a 20% stake, with the majority ownership remaining with Intel and […]