Financial advisers once spent hours poring over spreadsheets and client notes. Now many turn to artificial intelligence for quick portfolio tweaks or risk assessments. But th...
Wall Street has spent decades chasing the perfect recession forecast. Models multiply. Economists debate. Yet one straightforward measure keeps standing out. The spread betwe...
The U.S. House of Representatives passed the Common Cents Act this week. The move ends years of losses at the mint. It sets nationwide rules for rounding cash purchases to th...
David Solomon has spent more than four decades at Goldman Sachs. He joined as an analyst in 1985. Now chairman and chief executive, he steers one of Wall Street’s most powerf...
Citizens Bank has decided to end its lending relationships with CoreCivic and The GEO Group. The move comes after months of intense campaigns by activist groups and left-lean...
Brussels is moving to reshape the rules that govern European banking. The goal is simple. Let local lenders grow big enough to stand up to their American counterparts. A new...
Microsoft just slashed thousands of jobs in its Xbox division. The moves come as the tech giant tries to reshape a business that swallowed Activision Blizzard but now faces s...
Teachers don't pull in doctor-level pay. Yet they land among the top professions for millionaires in America. Engineers and accountants edge them out. Business owners and law...
Yang Zhilin once fronted a rock band named after a data structure. Now the 34-year-old runs Moonshot AI, the Chinese startup whose Kimi K3 model just rattled boardrooms from...
Pat Gelsinger returned to Intel in 2021 with a clear mission. Fix the process woes. Rebuild manufacturing leadership. Turn the chipmaker back into a technology powerhouse. Fo...
Microsoft’s video game division finds itself in the crosshairs again. Unions on both sides of the border have filed unfair labor practice charges, accusing the company of bad...
Visa just flipped the script on the stablecoin boom. On July 16 the payments giant rolled out its Visa Stablecoin Platform in beta. Banks and fintechs can now mint, move and...
London and Washington have taken a significant step toward coordinated oversight of digital assets. On Tuesday the two governments released recommendations from their Transat...
UK spirits maker Distil just named a seasoned industry hand as its first dedicated chief executive. The move signals a fresh push to steady the ship after months of sliding s...
Brian Chesky built Airbnb on a foundation of trust. Guests trust hosts with their safety. Hosts trust guests with their homes. Now the company’s cofounder and CEO faces quest...
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