Michael Race

5 days ago | bbc.com | Michael Race

Why everyone is suddenly so interested in US bond marketsMichael RaceEconomics reporter, BBC NewsGetty ImagesStock markets around the world have been relatively settled this week after a period of chaos, sparked by US trade tariffs. But investors are still closely watching a part of the market which rarely moves dramatically - the US bond market. Governments sell bonds - essentially an IOU - to raise money for public spending and in return they pay interest.

5 days ago | flipboard.com | Michael Race

Marriott’s CEO spoke out about DEI. The next day, he had 40,000 emails from his associatesMarriott International has one of the largest—and happiest—workforces in the world. The company boasts more than 800,000 associates at its hotels and …

1 week ago | bbc.com | Michael Race |Annabelle Liang

The chip manufacturing giant will require licences to export its H20 AI chip to China.

1 week ago | yahoo.com | Michael Race

US economic growth will be hit and prices will rise for consumers as a result of new tariffs on goods entering the country, the head of America's central bank has warned. Jerome Powell, chair of the Federal Reserve, said the import taxes recently announced by President Donald Trump were larger than the bank had expected, going beyond the higher end of its estimates.

1 week ago | bbc.co.uk | Michael Race

Image source, Getty ImagesImage caption, Jensen Huang, chief executive of NvidiaBusiness reporter, BBC NewsMicrochip maker Nvidia said it would be hit with $5.5bn (£4.2bn) in costs after the US government tightened export rules to China. The chip manufacturing giant, which has been at the heart of the artificial intelligence (AI) boom, will require licences to export its H20 AI chip to China, which has been one of its most popular.