PodcastThe World in Brief from The EconomistOctober 17, 2026
A lousy week for tech stocks; Trump’s press secretary is out, and more
AI-debt anxiety is driving a sharp tech selloff, hitting Asian chipmakers like SK Hynix and Samsung hardest.
- Tech selloff deepens: Nasdaq fell 2.1% Friday, 4.1% over the week, on fears about debt financing the AI buildout; SK Hynix and Samsung fell 16% and 15%.
- Press secretary fired: Trump dismissed Katie Zakariah after five days, the shortest tenure ever, following revelations she never passed the bar exam despite calling herself a lawyer.
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