Ongoing government shutdown AI fears market pressure Jim Cramer
CNBC’s Jim Cramer unpacked Thursday’s market decline, telling investors that Wall Street is worried about the lengthy government…
Troubled Nations Mount Comeback to Debt Markets Amid Yield Hunt
Some of the world’s riskiest sovereign borrowers are returning to international debt markets, taking advantage of increasing appetite…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes
It was supposed to be a quick fix for a sudden problem in credit markets. Payment-in-kind debt, the…
Missing $300 Billion Hampers Efforts to Adapt to Climate Change, UN Says
The devastation unleashed by Hurricane Melissa on Jamaica vividly illustrates the threats faced by small and vulnerable nations…
US Inflation Traders Dust Off Obscure Alternative to CPI Data
Traders in a $7 trillion market are grappling with the unprecedented scenario of having to price securities tied…
Sequoia Capital Invests in AI Tool That Could Replace Junior Bankers
Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies…
Europe’s Tech Earnings Beat Expectations as AI Boom Boosts Demand
European tech earnings resoundingly beat expectations, as growing investment in artificial intelligence lifts demand and counters trade headwinds.…
China Doubles Down on Manufacturing Dominance Goal: New Economy
The Trump administration has envisioned “a big, beautiful rebalancing” between the world’s two largest economies, a world in…
AI spending is boosting the economy, many businesses in survival mode
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial…
Bessent’s Plan Runs Short on Time to Line Up Argentina Financing
With just a few days before a crucial midterm election in Argentina, skepticism is growing that Scott Bessent…
OpenAI Looks to Replace the Drudgery of Junior Bankers’ Workload
OpenAI has more than 100 ex-investment bankers helping train its artificial intelligence on how to build financial models…