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Trump’s Intel stake raises economic concerns ahead

Trump’s 10% Intel stake raises concerns as economist warns of impending economic challenges ahead due to political pressures

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Trump’s 10% Intel stake raises concerns as economist warns of impending economic challenges ahead due to political pressures

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In Short:
– Economist Mohamed El-Erian warns of tough months ahead for the US due to Trump’s Intel investment and Fed pressure.
– He stresses the need for Fed independence amid economic uncertainty and potential implications for tech opportunities.
Prominent economist Mohamed El-Erian warned on Sunday of challenging months for the United States, citing President Trump’s unprecedented move to acquire a stake in Intel.
The investment comes amid rising political pressure on the Federal Reserve that could impact economic stability.El-Erian, chief economic advisor at Allianz, remarked on CBS’s “Face the Nation” that the economy must navigate through turbulent waters to harness opportunities in artificial intelligence and tech innovation.

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He acknowledged the government’s investment while underlining the importance of not allowing control over Intel’s management.

The arrangement converts federal grants under the CHIPS Act into equity, granting shares at a 17.5% discount to the market price.

Fed Independence

El-Erian expressed concern over threats to Federal Reserve independence, particularly Trump’s calls for Governor Lisa Cook’s resignation.

Political pressure on Fed Chair Jerome Powell remains a pressing issue, exacerbated by looming economic uncertainties. Markets are reacting to potential rate cuts signalled by Powell, who continues to face unprecedented pressures.


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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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Senate passes deal to end historic shutdown

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.

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Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.


The U.S. Senate has approved a spending bill 60–40 to end the nation’s longest government shutdown, with House support and presidential backing expected.

The package funds key departments through January while adding new privacy safeguards for lawmakers.

#USPolitics #GovernmentShutdown #SenateVote #Congress #Trump #MikeJohnson #Washington #USNews #FederalFunding #CapitolHill


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Sussan Ley’s leadership tested amid net-zero debate

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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In Short:
– Sussan Ley’s leadership is questioned as the Liberal party debates net-zero emissions amidst internal divisions.
– Moderate MPs warn losing elections if net-zero is abandoned, highlighting urban voter support for a 2050 target.
Sussan Ley’s leadership faces scrutiny as the Liberal party debates a net-zero emissions target.
Conservative members argue she should abandon the goal to maintain her position, while moderates hope for a compromise that aligns with the Paris Agreement.Banner

Leadership contenders like Angus Taylor and Andrew Hastie support staying committed to the Paris Agreement, rejecting a net-zero commitment. Taylor indicated future leadership aspirations are not confirmed.

Pro-net-zero frontbencher Tim Wilson seeks decisive leadership to address the issue. Ley’s lack of internal guidance frustrates moderates, creating uncertainty regarding her stance on net-zero. While some conservatives advocate for its dismissal, others display mixed support.

Liberal party dynamics shift as polling reveals significant opposition to net-zero among constituents. The upcoming party room meeting and shadow ministers gathering will aim to finalise the Coalition’s position.

Internal Divisions

Moderate MPs warn that elections will be lost if net-zero is abandoned, emphasising its importance in urban areas.

A poll indicates strong support for a 2050 net-zero target among voters. Critics of the Nationals’ policy argue it is misguided and incompatible with national interests.

Calls for resignation from frontbench positions are met with opposition. Some representatives voiced frustration over the timing of the meeting, suggesting it should have been resolved earlier.


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