Economy news from the last day.
Sources used:
Verse 1:
• Nvidia posts strong results despite China uncertainty
https://www.ft.com/content/23a736c2-92e4-412f-a2c6-afebd6461a5c
• Trump's attack on the Fed threatens US credibility
https://www.ft.com/content/045bf600-a89d-4dda-b63b-0a88024b80a4
• Oil Drops as US Berates India and Surplus Concerns Flare Again
https://www.bloomberg.com/news/articles/2025-08-28/undermining-fed-independence-creates-big-risks-ecb-s-rehn-warns
Verse 2:
• UK long-term borrowing costs near highest level since 1998
https://www.nytimes.com/2025/08/28/business/mortgage-data-privacy-lisa-cook-trump.html
• China won the rare earths race. Can it stay on top?
https://www.bloomberg.com/news/articles/2025-08-28/undermining-fed-independence-creates-big-risks-ecb-s-rehn-warns
Verse 3:
• US-Sanctioned Russian LNG Lands in China for First Time
https://www.bloomberg.com/news/articles/2025-08-27/latest-oil-market-news-and-analysis-for-aug-28
• Portugal's Top Stock Mota Rides a Construction Boom in Africa
https://www.nytimes.com/2025/08/28/business/mortgage-data-privacy-lisa-cook-trump.html
• European Small Caps Out Performance Has Legs
https://www.ft.com/content/045bf600-a89d-4dda-b63b-0a88024b80a4
#FederalReserve #Nvidia #TrumpTariffs #TaylorSwift #RussianLNG