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Maybe the AI boom isn’t petering out after all. The news Taiwan Semiconductor Manufacturing Company on Thursday reported strong third-quarter results fueled, in part, by artificial intelligence processors. Per-share profit at the world’s largest third-party chip producer jumped 54% from the year-ago period. Sales rose 36%. TSMC shares that trade…

American shoppers continue to power the US economy. Spending at US retailers climbed 0.4% in September from the prior month, according to fresh government data released Thursday. That was much stronger than August’s 0.1% gain and was in line with what economists projected in a FactSet poll. Wall Street cheered…

This article was written byFollowAdvanced education in economics, business management and engineering. Professional experience with product management and development in high tech industry, including advisory with multiple fintech startups. Have been investing in growth companies since 1998. Recent interest of investment also includes income-focused portfolio, fund-based approach.Analyst’s Disclosure: I/we have…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Blackstone plans to list some of its largest investments, the world’s biggest private capital group said on Thursday, after sluggish asset sales hit its third-quarter profits.Jonathan Gray, Blackstone’s president, said the recent…

The Medicare Prescription Payment Plan (MPPP, M3P or MP3) will take effect January 1, 2025. It will allow those who have Part D prescription drug coverage to spread the costs out over the year, instead of paying all at once. As with anything that is brand-new, this plan can be…

The U.S. retirement system doesn’t get high marks relative to other nations.In fact, the U.S. got a C+ grade and ranked No. 29 out of 48 global pension systems in 2024, according to the annual Mercer CFA Institute Global Pension Index, released Tuesday. It analyzed both public and private sources…

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