News

According to Interfax news agency: Russia claims to have hit two ships in the port of Pivden, Ukraine.

Canadian Finance Minister: U.S. tariffs will have a real impact on Canada, and we must respond.

The Canadian government announced that starting September 8, it will impose retaliatory tariffs of 15%, 25%, or 50% on approximately 700 products.

Nvidia: Cognex, Doosan Bobcat, and Matic, a Silicon Valley home cleaning robot startup, will adopt Jetson Orin Nano 2.

NVIDIA (NVDA.O): Jetson Orin Nano 2 modules and kits are expected to launch in the first half of 2027.

US President Trump: Through the Space Force, we are monitoring every inch of the Strait of Hormuz, just as we monitor the strait as we monitor the strait itself and the three other nuclear facilities that have already been destroyed. We will have a zero-tolerance policy towards mine-laying activities.

According to CBS News: CIA Director John Lacliffe is traveling to Russia on a C-17 aircraft.

Federal Reserve's Collins: In the absence of evidence of a sustained decline in inflation, it is appropriate to raise interest rates "as soon as possible".

Federal Reserve's Collins: Maintaining the current policy rate requires sustained evidence that inflation is declining.

Federal Reserve's Collins: We will be watching whether productivity helps offset changes in inflation, oil prices, and inflation expectations.

Federal Reserve's Collins: There are still some less optimistic scenarios, including rising inflation and supply shocks due to the development of artificial intelligence.

Federal Reserve's Collins: Rising long-term interest rates have a dampening effect on the renewed acceleration of demand.

Federal Reserve's Collins: Given the limited additional tariffs and progress in reopening the Strait of Hormuz, a decline in inflation is the most likely outcome.

Federal Reserve's Collins: In the coming months, we will be watching for evidence that inflation can sustainably fall back to 2%.

Federal Reserve's Collins: Contacts in the New England region are generally concerned about high prices.

Federal Reserve's Collins: A sharp decline in immigration and an aging population will maintain a balance between the labor force and labor demand.

Federal Reserve's Collins: The labor market is in line with full employment; the economy is growing at a rate close to trend.

Market sources say Waymo plans to launch its driverless taxi service in Germany by the end of 2027.

Federal Reserve's Collins: Inflation remains too high, raising concerns about the Fed's responsibility to maintain price stability.

Market news: OpenAI claims its JALAPENO chip surpasses Nvidia's GB300 in both speed and power consumption.