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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