Jane Street posted roughly $15 billion of losses in July — its first monthly slump in about a decade — as AI-focused hedge fund Situational Awareness swooned and dragged down…
Read article →Nvidia Corp. on Friday disclosed a nearly $21 billion stake in Elon Musk’s SpaceX and a $30 billion one in Intel Corp. Recommended Video The AI chipmaking giant had about…
Read article →Berkshire Hathaway Inc. increased its holdings in Delta Air Lines Inc. and Google parent Alphabet Inc. as Greg Abel began tapping into the company’s massive cash hoard. Recommended Video In…
Read article →Iran and Oman appear to be edging closer to a deal on how the Strait of Hormuz should be managed, agreeing on routes through the key waterway that’s proved a…
Read article →Treasury Secretary Scott Bessent says the US is getting ready to squeeze Iran with unprecedented economic pressure, a claim critics greeted with skepticism given the country is already subject to a naval…
Read article →President Donald Trump is doubling down on wielding economic pressure to squeeze Iran as his military options dwindle, and Tehran’s business community warned the naval blockade will cause far-reaching harm.…
Read article →The Trump administration has returned more than $100 billion to U.S. businesses and importers that paid his global tariffs, and the money is quickly heating up the economy. Recommended Video…
Read article →The first U.S.-Japan joint intervention in three decades aimed at boosting the yen has come and gone without doing much to ease anxiety in currency markets. Recommended Video Treasury Secretary…
Read article →Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, showing how the university’s endowment has profited from an early bet on Elon Musk’s giant rocket company. Recommended Video Harvard reported…
Read article →Heading off to college is exciting, but it also involves new adult responsibilities. That makes it a great time to start getting comfortable with credit, building healthy spending habits and learning how to…
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