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Canadian trade shifts as U.S. tariffs fuel oil pipeline push.
The AI revolution, led by companies like NVIDIA (NVDA), is driving equity gains but poses significant economic and societal risks. Surging AI data center demand is increasingly straining electricity grids, with utilities planning $1.4 trillion in grid investments and widespread project delays expected.
Kevin Blair, CEO of Pinnacle Financial Partners, joins 'Money Movers' to discuss economic sentiment among clients, how the company is doing after merging with Synovus, private credit exposure, and more.
Misha Laskin, co-founder and CEO of Reflection, joins 'Squawk on the Street' to discuss the company's latest valuation, which countries are ahead in the global AI race, and more.
The U.S. Federal Trade Commission is settling its case against a private equity portfolio company it says was used to buy up anesthesiology practices and raise prices in Texas, according to court documents filed on Thursday.
Two U.S. banks say they are investigating data breaches targeting their customers' information. “We have been managing an incident involving data extracted from a third party vendor,” Citizens Bank said in a statement Tuesday (April 21).
Analog-chip stocks have been big gainers as the semiconductor rally broadens further beyond pure AI plays.
Google Cloud Advisory Board Chair Betsy Atkins breaks down AI's business upside, model risks and workforce impact on 'Mornings with Maria.' #foxbusiness #morningswithmaria
New student-loan borrowing caps on advanced degrees will go into effect in July. College Ave, a private lender, announced a new STEM loan for graduate students to fill the federal gap.
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.4% on Thursday.
Iranian state TV aired what it says is a video of Iran's navy seizing vessels in the Strait of Hormuz, while the US said it intercepted two Iranian supertankers trying to evade its blockade, as talks to end the war remained in limbo. -------- More on Bloomberg Television and Markets Like this video?
Cross-border commerce has long been constrained by cost and its cousin, speed. That hierarchy, however, is increasingly shifting toward a new axis: counterparty risk.
The U.S. Department of Justice is immediately loosening restrictions on some marijuana products and accelerating the process of reclassifying the drug as less dangerous in one of the biggest changes to U.S. drug policy in decades.
Trying to book a flight right now can feel absurd. Qantas and Virgin Australia are warning that higher fuel costs and disruption linked to the Middle East conflict are putting pressure on fares and forcing capacity cuts.
Stocks pull back after record highs as S&P 500 and Nasdaq slip early. Weak earnings and Tesla concerns drive losses while markets pause for next catalyst.
Justice Department officials met with broadcast-television station operators earlier this week as part of its antitrust investigation into the sports-media marketplace, according to people familiar with the matter.
S&P Global surveys show that companies are willing to pay more for scarce supplies, in an echo of the pandemic.
Rally: Broadening out or running on fumes? Stock pickers market or buy the index?
The White House has accused Chinese entities of conducting “industrial-scale” theft of intellectual property from American artificial intelligence labs, marking a fresh escalation in tensions between the world's two largest economies over control of next-generation technology. In a memo seen by the Financial Times, Michael Kratsios, director of the White House Office of Science and Technology Policy, said the US government had evidence that foreign actors—primarily based in China—were systematically extracting value from leading American AI systems.
Bending Spoons, a European tech firm whose business model is based on reviving companies, has picked banks to organise a potential $20 billion U.S. initial public offering this year, two people close to the matter said.