Posts by Liam Redmond
‘These are early days’: US Fed officials cautious over impact of Treasury’s bond market intervention
Published Fri, Aug 21, 2026 · 07:47 AM TWO US Federal Reserve officials expressed caution on Thursday (Aug 20) when asked how the US Treasury Department’s debt management changes could affect the US central bank’s monetary policy choices. “We focus very simply on the labour market and on inflation, independently set monetary policy, independent of…
Read MoreGold wavers as bond yields rebound, oil jump fuels US inflation worries
Published Fri, Aug 21, 2026 · 07:31 AM GOLD wavered as bond yields rebounded, with the US Treasury’s surprise buyback plan seen as a short-term fix, while rising oil prices fuelled concern that inflation will prompt the US Federal Reserve to raise interest rates. Bullion was little changed after earlier slipping as much as 1.4…
Read MoreGold set for third weekly gain on US Treasury buyback plans
Published Fri, Aug 21, 2026 · 07:31 AM — Updated Fri, Aug 21, 2026 · 03:57 PM GOLD was on track for a third weekly gain on Friday (Aug 21) after the US Treasury’s unexpected ramp-up in buybacks of long-dated US government debt underscored concerns about its burden. Bullion was trading around US$4,560 an ounce,…
Read MoreThere’s one real way to make QBs matter in fantasy football again
Gambling content 21+. The New York Post may receive an affiliate commission if you sign up through our links. Read our editorial standards for more information. There is a problem with fantasy football. Something other than just PPR scoring. This problem has to do with quarterbacks. It is arguably the single most important position in…
Read MoreAnthropic expects to match or top SpaceX’s record IPO size
The Claude developer prepares to file publicly for its potential mega-IPO as soon as the end of August Published Fri, Aug 21, 2026 · 06:57 AM ANTHROPIC expects to match or beat the size of SpaceX’s record-setting initial public offering, according to people familiar with the matter, in the latest sign of overwhelming demand from…
Read MoreNvidia denies report it is rolling out China AI chip by year-end
Published Fri, Aug 21, 2026 · 06:57 AM NVIDIA on Thursday (Aug 20) denied a report by The Information that it plans to begin shipping a language processing unit (LPU) tailored for Chinese customers by year-end, saying it has no China-specific version of the product on its roadmap. “The reporting in The Information on Nvidia‘s LPU…
Read MoreAbbott agrees to US$670 million settlement of infant formula cases
Published Fri, Aug 21, 2026 · 06:43 AM ABBOTT said on Thursday (Aug 20) it reached a US$670 million settlement with three law firms to resolve legal claims by 2,000 people who alleged harms relating to the company’s specialty formulas for preterm infants. The settlement includes one large case in which Abbott had already been…
Read MoreBroadcom seeks more than US$60 billion in latest AI debt deal
The company plays a crucial role in helping design custom chips for firms like Alphabet and Meta Published Fri, Aug 21, 2026 · 06:28 AM BROADCOM is in talks with a group of lenders to raise more than US$60 billion in debt for an AI chip financing deal that will benefit Anthropic and other companies, Bloomberg News…
Read MoreBeware Iran’s most devious weapon — another ‘October surprise’
The October surprise was born in Iran — and 46 years later, the Islamic Republic may be preparing to launch another one. In 1980, the hostage crisis — 52 Americans seized at the US embassy in Tehran the year before during Iran’s Islamic Revolution — dominated the presidential race between incumbent Jimmy Carter and challenger…
Read MoreOil set for second weekly rise as unsettled US-Iran war disrupts supply
Published Fri, Aug 21, 2026 · 06:09 AM — Updated Fri, Aug 21, 2026 · 11:19 AM [SINGAPORE] Oil prices were little changed on Friday (Aug 21), but were on track for a second weekly rise as the stalemated US-Iran war continues to disrupt supply from the key Middle East producing region. Brent crude futures rose…
Read MoreOil set for weekly surge as US seeks to throttle Iran’s economy
Published Fri, Aug 21, 2026 · 06:09 AM — Updated Fri, Aug 21, 2026 · 04:11 PM OIL headed for a substantial weekly gain, as a US push to isolate Iran’s economy raised the spectre of further market disruption. Global crude benchmark Brent traded near US$94 a barrel, on pace for a weekly advance of…
Read MoreEurope’s Stoxx 600 slips on inflation fears
Published Fri, Aug 21, 2026 · 06:00 AM EUROPEAN shares inched lower on Thursday (Aug 20), as elevated oil prices kept inflation worries alive, while a recovery in global bonds after a US Treasury intervention helped limit losses. The pan-European Stoxx 600 closed 0.12 per cent lower at 650.35 points, extending its losing streak to a seventh…
Read More