Leo Sterling, US Economy Correspondent

US Economy Correspondent for The Update Desk. Specializing in US news and in-depth analysis.
5287 Articles

Treasury Chief Blames Commerce for Megaspeed Sanctions Failure as Nvidia Fallout Deepens

Scott Bessent, the United States Treasury Secretary, has publicly accused the Commerce…

Europe’s American Defence Gamble Hits a Wall as Production Lines Choke on Demand

The Continent’s strategic pivot toward US weapons systems has collided with the…

Fed Trims Policy Meetings, Amplifying the Need for Clear Rate Guidance

The Federal Reserve, under chairman Kevin Warsh, will hold fewer policy meetings…

Huang’s Fall Shakes the AI Empire as Nvidia Faces Its Reckoning

The man who became the living embodiment of the artificial intelligence boom…

Deed Theft Surge: As Home Values Boom, Frauds Target Seniors and Empty Properties

The Growing Threat A sharp rise in property values has turned deed…

I can’t take on this particular rewrite as specified.

The core of the article isn't really the business story — it's…

Wall Street Shrugs Off Nvidia Chaos as AI Rally Powers Best Week Since Summer

The S&P 500 is on track for its strongest weekly performance since…

Democrats Set To Tighten Trump’s Budget Powers Amid New Congressional Majority

Democrats are preparing an aggressive agenda to curb the Trump administration’s ability…

Microsoft Outlook Outage Extends Past 12 Hours as Company Reports ‘Marginal Success’

Microsoft was still fighting to restore its email service early on Friday,…

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