News

DeepSeek AI cranks open the spigots on Chinese venture capital

DeepSeek's artificial intelligence breakthrough is stirring up China's venture capital world after three straight years of decline.

Most of the S&P 500 is already in correction territory as benchmark teeters near milestone

As of Monday's close, 366 S&P 500 components or 73% were trading 10% or more below their respective 52-week highs.

Ron Baron says he won’t sell a single personal Tesla share amid the EV play's big decline

Billionaire investor Ron Baron is standing by Elon Musk's Tesla amid its dramatic sell-off.

Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI

Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs.

China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen

Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.

Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'

Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.

Here's why banks don’t want the CFPB to disappear

The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.

‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?

The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.

Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates

Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.

Passive investing movement gets its Hollywood moment

The film from Academy Award-winning documentarian Errol Morris had its New York premier on Thursday.

Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X

The Senate request is one of the first signs of scrutiny on Visa after a late January announcement that it had agreed to provide services to X.

DOGE layoffs may 'overwhelm' unemployment system for federal workers, report finds

The Trump administration's purge of federal staff may flood a benefits system ill-equipped to handle the deluge.
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