News

Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches

The Holy See-linked bank debuted two indexes tracking 50 stocks that it said align with Catholic teachings, marking a push into retail investment products.

Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say

Alphabet again boosted the size of its bond sale as the internet giant prepares to accelerate its AI buildout.

Bitcoin plunge: Bitwise CIO cites 'the four-year cycle' as No. 1 reason for losses

Bitwise Asset Management CIO Matt Hougan delivers his take on the cryptocurrency sell-off.

Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt'

Strategy plans to continue refinancing its debt and buying bitcoin, even as the token tumbles, CEO Michael Saylor said Tuesday on CNBC's "Squawk Box."

YouTube star MrBeast buys youth-focused financial services app Step

YouTube star James Stephen Donaldson, better known as Mr. Beast, has acquired youth-focused financial services app Step.

Alphabet calls out new AI-related risks, as it taps debt market to fund buildout

In Alphabet's annual report, the company said AI poses business risks, including its potential impact on advertising.

Digital employees, AI bootcamps: America's oldest bank is spending billions on tech

The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.

S&P is already predicting China's property slump will be worse than it expected this year

S&P Global Ratings said China's primary real estate sales will likely drop by 10% to 14% this year, steeper than the decline predicted back in October.

China's Luckin Coffee opens first high-end store as it takes on Starbucks

The Chinese coffee upstart is expanding from budget drinks into the premium market with a new flagship store.

As 'Sell America' trade volatility rages on, some of the biggest changes may be in your bonds

As U.S. investors diversify portfolios highly concentrated in domestic assets, it's not just international stocks but overseas bonds getting attention.

Bitcoin gets slashed in half. What's behind the crypto's existential crisis

Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.

Goldman Sachs is tapping Anthropic’s AI model to automate accounting, compliance roles

Goldman Sachs is building AI agents with Anthropic’s Claude to automate trade accounting and client onboarding, aiming to speed work and boost efficiency.
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