Consumer Debt Continues To Rise In The US In 2025
Private credit firms have piled aggressively into consumer debt this year, snapping up unsecured loans at a pace that ha... Read more
Netflix Agrees Takevoer Of Warner
Netflix has agreed an $83bn takeover of Warner Bros Discovery, a deal that reshapes the balance of power in global enter... Read more
US Banks Have A Good Year Adding $600bn In Value
Big US banks have added roughly $600bn in market value so far this year, buoyed by a combination of regulatory easing un... Read more
Airwallex Plots Silicon Valley Expansion
Payments group opens San Francisco base and trims Tencent stake as it courts US investorsAirwallex has set out plans to ... Read more
Coca-Cola Last Ditch Attempt To Offload Costa
Price dispute threatens collapse of deal with preferred bidder TDR CapitalCoca-Cola is holding eleventh-hour talks with ... Read more
Is It A Bubble?
I have lived through several financial bubbles and read closely about many others. One might expect that the damage infl... Read more
OpenAI Faces Renewed Competitive Pressure
OpenAI is entering a more demanding phase of the consumer AI race after Sam Altman issued a call for staff to concentrat... Read more
META Prepares Sharp Cut To Metaverse Spending
Meta is preparing to scale back its metaverse ambitions as Mark Zuckerberg accelerates a strategic shift towards artific... Read more
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more
BlackRock Looks To Human Fund Managers
BlackRock is overhauling its flagship quantitative hedge fund as it prepares to challenge some of the industry’s most ... Read more
Nvidia Chip Demand Defies Talk Of A Slowdown
Nvidia has delivered another set of powerful quarterly results that eased investor nerves and strengthened confidence in... Read more
META Wins Antitrust Case
Meta has secured a decisive victory in one of the most significant US antitrust cases in years, after a federal judge re... Read more
Amazons AI Boom UPs Profits, But 14,000 Are Axed
Amazon has reported its strongest cloud growth in nearly three years, powered by surging demand for artificial intellige... Read more
Trump Pardons Binance Founder
ChatGPT said:Donald Trump has granted a presidential pardon to Changpeng Zhao, the billionaire founder of Binance, closi... Read more
Powell: AI Investment Is No Bubble
Federal Reserve Chair Jerome Powell has drawn a clear line between the current boom in artificial intelligence and the e... Read more