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Asian stocks slumped after a post-election rout in chipmakers deepened on Wall Street amid growing concern that Democrats will seek tighter regulation of the artificial intelligence industry. Bloomberg's Paul Dobson has the context…
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First the AI whiz kids were humbled. Then came the macro shocks. Credit scares followed.
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Source: Bloomberg, 0:00
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Kansas City Chiefs wide receiver Rashee Rice filed for bankruptcy, disclosing debts arising from a 2024 car crash and a lien on his Super Bowl championship ring.
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President Donald Trump blamed Democrats for the losses in Americans’ 401(k) portfolios as the selloff in technology and artificial intelligence-related stocks deepened after his Republican Party suffered widespread losses in Tuesday’s…
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Goldman Sachs Group Inc.’s announcement of new partners Thursday boasted that 28% started as interns and that new members typically took 17 years to get there. But it was silent on how many are women.
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Japan has protested Russia’s seizure of Japan Tobacco International’s local assets, government officials said, the latest development in an escalating diplomatic spat between the two nations.
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Portfolio manager Vihari Ross of Antipodes Partners explains why Disney is a "genuine value opportunity" amid AI and disruption. She spoke on the sidelines of the Sohn Hearts & Minds conference in Queenstown, New Zealand. (Source…
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Officials at the Inter-American Development Bank’s investment arm suspected something was off almost as soon as they walked through the doors of Paraguay’s Ueno Bank SA.
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Asian markets face pressure following an overnight drop in US technology shares, as an unwind in semiconductor holdings triggers systematic risk reductions across sectors. Bloomberg's Anthony Stephens has the latest. (Source: Bloomberg)
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Atlassian Corp.’s shares slid about 20% after the Australian software company’s quarterly revenue outlook failed to excite investors concerned about tech valuations globally.
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Japan’s Nikkei 225 Stock Average is on track to enter a technical bear market as investors unwind artificial intelligence-related trades.
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Gold was on track for its biggest weekly gain since August after the US midterm elections sent the dollar and Treasury yields lower.
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"Balance of Power" focuses on the intersection of politics and global business. On today's show, Greg Allen, Founder & CEO of Decision Tree Research, says AI data-center projects already underway are unlikely to be disrupted by growing…
Kansas City Chiefs star Rashee Rice listed over $3.45 million in debt, including $2.1 million from lawsuits tied to the 2024 Dallas crash and an alleged assault claim.
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China’s world-leading emissions experienced the biggest drop since the 2022 Covid lockdowns, as expensive fuel and mild weather added to the country’s clean energy push, according to a new report.
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An unprecedented El Niño is poised to help drive a potential record increase in the atmosphere’s carbon dioxide next year, as heat and drought weaken natural carbon sinks, according to the UK Met Office.
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Singapore’s People’s Action Party co-opted four additional members into its 39th Central Executive Committee, as the ruling party seeks to strengthen its pipeline of future leaders.
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The drivers behind the dollar’s strength in recent months are largely intact, currency strategists say, after US midterm election results briefly drove the greenback lower.
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Japanese government bonds rose on Friday, tracking a rally in US Treasuries, as a US stock selloff spilled into Asian markets and deepened a broader risk-off move.
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NATO Secretary General Mark Rutte strongly reiterated the essential role of the US in defending Europe, and said that he had told President Donald Trump to “keep your chin up” after the Republican Party’s resounding defeat in the American…
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Source: Bloomberg, 0:00
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Rep. Subramanyam (D-VA) says Democrats want to prevent the data-center industry from steamrolling communities by building near homes and schools or making residents bear higher power costs. Rep. Subramanyam supports building data centers…
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