Rising Gas Prices and April CPI Seen Adding Pressure on US Household Budgets
A fresh batch of consumer price data in the coming week is likely to affirm Americans’ growing frustration…
Carlyle Acquires Healthcare RCM Providers Knack and EqualizeRCM
Carlyle Group Inc. has acquired a majority stake in healthcare revenue cycle management firms Knack RCM and EqualizeRCM,…
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)…
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…
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…
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…
Ray Dalio: the ‘heart attack’ of America’s debt crisis is just the beginning of a ‘great turbulence’
Ray Dalio has been warning for years that America’s debt problem could trigger an economic “heart attack.” Now he’s…
Taiwan’s $286 Billion Pension Fund Trims Its Dollar Exposure
Taiwan’s largest pension fund has reduced some of its US currency exposure amid heightened market volatility and a…
Stock market news for May 8, 2026
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday,…
Akamai stock soars after $1.8 billion AI infrastructure deal
The Akamai Technologies logo and lettering can be seen on the headquarters building at the company’s German headquarters…
Pension funds are ramping up private credit bets despite risks
Pension funds are sticking with private credit, and in some cases doubling down on allocations even as concerns…
Nvidia CEO says AI partnership with Corning will ‘revitalize American manufacturing’
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer that the company’s new partnership with Corning represents an important…