Guess Who’s Coming to Crash the Memory-Chip Party?

Published on July 17, 2026

Investors love an oligopoly. Imagine an industry dominated by a few large, long-standing players. They can earn outsized profits in boom times and avoid crashes thanks to rational capital spending. The existential questions, though, are whether these firms might turn on each other, and is the industry’s entry barrier high enough.

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Fed Policymaker Comments Raise the Stakes for Inflation Data

July 17, 2026
Our baseline outlook still sees the Fed on hold through 2026 amid gradually easing price pressures. But Waller’s comments suggest that after a string of firmer Personal Consumption Expenditures (PCE) inflation prints, the Fed now places greater emphasis on responding if inflation surprises sharply to the upside or proves more persistent than expected, regardless of which factors are driving the in

US Department of Labor recovers more than $500K in back wages from San Diego deli for 6 workers

July 17, 2026
SAN DIEGO – The U.S. Department of Labor has recovered $500,256 in back wages for six deli workers who were not paid the local minimum wage for regular hours or overtime premiums for hours worked over 40 per workweek.  The department’s Wage and Hour Division investigated Chau Deli, operating as A Chau Sandwich, and determined that the employer paid workers a flat rate of $100 per day despite often