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Market sources: US Democrats urged Fed Chair Kevin Warsh to maintain the FOMC's schedule of eight meetings per year.

2026-08-26

Market sources: US Democrats urged Fed Chair Kevin Warsh to maintain the FOMC's schedule of eight meetings per year.

Other News
2026-08-25

Apple's website says the new M5 Ultra chip provides up to 512GB of high‑bandwidth unified memory and up to 1.2TB/s unified memory bandwidth, about 50% higher than M3 Ultra, enabling very large datasets to be kept in local memory, higher tokens/sec an

Apple's website says the new M5 Ultra chip provides up to 512GB of high‑bandwidth unified memory and up to 1.2TB/s unified memory bandwidth, about 50% higher than M3 Ultra, enabling very large datasets to be kept in local memory, higher tokens/sec and on‑device execution of LLMs with hundreds of billions of parameters. Apple says the M6 supports up to 32GB of unified memory to run multiple high‑load apps and on‑device LLMs for privacy‑focused AI agent tasks, and offers up to 170GB/s unified memory bandwidth, roughly 10% above the M5 and about 2.5x the M1.
2026-08-25

Sources say US commerce secretary Lutnick's last‑minute pressure collapsed US‑Canada trade talks, prompting President Trump to announce new tariffs on Canadian goods and Canadian prime minister Carney to vow retaliation. Insiders say Lutnick viewed t

Sources say US commerce secretary Lutnick's last‑minute pressure collapsed US‑Canada trade talks, prompting President Trump to announce new tariffs on Canadian goods and Canadian prime minister Carney to vow retaliation. Insiders say Lutnick viewed the draft framework as too lenient toward Canada and acted on on behalf of US metals producers seeking to claw back concessions; some Canadian officials accused him of shifting negotiating aims, while some business leaders credited him with blocking what they saw as a threat to US metals. A White House official denied Lutnick caused the breakdown, saying talks stalled after Canada made last‑minute, out‑of‑scope demands. Lutnick's intervention deepened his role in the talks and reinforced his reputation inside the administration as a disruptor pressing for tougher trade leverage.
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