BUSINESS — Companies are increasingly using artificial intelligence to bring technology work in-house, reduce consulting bills and generally discover that paying thousands of people to make PowerPoints about software may
TOKYO — Japan and the United States reaffirmed their commitment Tuesday to free and orderly currency markets, clarifying that currencies should be freely determined by buyers and sellers unless those buyers
DAKAR — The International Monetary Fund has reached a staff-level agreement to lend Senegal $2.2 billion to restore “debt sustainability” after the country discovered more than $11 billion of
MENLO PARK, CA — Meta will strengthen privacy protections for children on Facebook and Instagram by first figuring out which users are children, a process expected to require the company to
NEW YORK — Global stocks rallied Monday after surprisingly strong U.S. employment data reassured investors that the economy remains healthy enough for the Federal Reserve to do something about that.
ANALYST NOTE — GLOBAL FIXED INCOME
The global debt market achieved an important milestone this week as advanced economies accumulated enough debt that their borrowing problems are now beginning to make
By Dr. Preston H. Markham, Professor of Recursive Capital Allocation
For centuries, corporate finance suffered from an embarrassing limitation: eventually, the money had to come from somewhere.
Strategy appears to
Fintech giant Revolut has received conditional approval for a U.S. national bank charter, advancing the financial technology industry’s long-running effort to replace banks by eventually becoming one.
By Adam Ahron, CEO of AMC Entertainment
I have been disturbed to learn that Robinhood is offering tokenized exposure to AMC without our authorization.
Let me be clear: I am
Norway’s $2.3 trillion sovereign wealth fund is reportedly considering reducing roughly $80 billion of U.S. Treasury exposure while increasing its holdings of mortgage-backed securities, allowing the
NEW YORK — Twenty-one major financial institutions including Goldman Sachs, Bank of America, Citi and Deutsche Bank announced plans to launch a U.S. dollar stablecoin, confirming that privately issued
REDWOOD CITY, CA — SoftBank-backed SB Energy filed for a U.S. IPO that could value the company above $50 billion, introducing investors to a powerful new valuation metric known
