Australian Pension Fund Tilts to US Over Local Stocks on AI Boom
Brighter Super, a A$37 billion ($26.8 billion) Australian pension fund, is tilting its portfolio away from the local…
Radio Station Owner Spanish Broadcasting Files Bankruptcy
Radio station owner Spanish Broadcasting System Inc. filed for bankruptcy on Monday after announcing plans to hand ownership…
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative…
China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
A shopper walks past a Coach retail store inside a shopping mall on March 24, 2026 in Shenzhen,…
Retailers hire big, defying consumer warning signs
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in…
Australian Retirees Increase Superannuation Withdrawals as Cost Pressures Mount
Australian retirees are withdrawing their pension savings at increasing rates as global turmoil and surging inflation erodes their…
AI Wins Have Alphabet Poised to Become World’s Biggest Company
Over the past year, Alphabet Inc. has gone from an artificial intelligence afterthought to the one firm in…
Australia Reviews Pension Test as Concerns Grow Over Investment Distortions
The Australian government is moving to tighten an annual performance test for the nation’s A$4.5 trillion ($3.2 trillion)…
Affirm CEO says ‘the American consumer is unbelievably resilient’
Affirm CEO Max Levchin told Jim Cramer the American consumer remains strong, even as concerns about the economy…
China Vows to Advance Efforts to Defuse Local Government Debt
China pledged to step up efforts to defuse local government debt risk while supporting growth, as the State…
Whirlpool has a word for what the Iran War is doing to its industry: recession
Whirlpool has a word for what’s happening to its business. Two, actually, and both of them are “recession.”…
Fed Data Suggest Japan Sold US Debt Amid Intervention
The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at a time…