How the Fed Cutting Interest Rates Affects Banks, Stocks and More NYT | Top Stories Rob Copeland, Joe Rennison and Jeanna Smialek 17 September 2024 at 17:01 For corporate America, this week’s expected interest rate cut carries risks along with rewards. © Haiyun Jiang/The New York TimesThe Federal Reserve is expected to cut interest rates this week, by either a quarter or a half a percentage point.
How SMIC, China’s Semiconductor Champion, Landed in the Heart of a Tech War NYT | Top Stories Ana Swanson, John Liu and Paul Mozur 17 September 2024 at 00:15 Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a geopolitical tech battle. © Qilai Shen for The New York TimesSemiconductor Manufacturing International Corporation’s factories in Shanghai.