Analysis: Intel’s stock, up 28% in August, is trading at a 53 forward P/E ratio, its highest since early 2002, reflecting its declining profits in recent years (Ryan Vlastelica/Bloomberg)

Ryan Vlastelica / Bloomberg:
Analysis: Intel’s stock, up 28% in August, is trading at a 53 forward P/E ratio, its highest since early 2002, reflecting its declining profits in recent years  —  After months of turbulence, Intel Corp. b…

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Government looking at contingency options for where to house asylum seekers after Epping court ruling – UK politics live

Security minister Dan Jarvis says government is considering options after council granted injunction to stop people being placed at the Bell hotelIn case you missed the Guardian’s news piece about the Bell hotel high court ruling:Keir Starmer’s asylum …

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Sources: US Treasury Secretary Scott Bessent expects stablecoins to drive demand for Treasuries, as talks with Tether and Circle help inform issuance decisions (Financial Times)

Financial Times:
Sources: US Treasury Secretary Scott Bessent expects stablecoins to drive demand for Treasuries, as talks with Tether and Circle help inform issuance decisions  —  Treasury secretary’s discussions with crypto groups h…

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