Has the AI bubble burst? Wall Street wonders if artificial intelligence will ever make money | CNN Business
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Finance
Office-sharing giant WeWork files for bankruptcy
WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection after its bets on...
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7 Nov, 09:16 AM
Norway Wealth Fund Closes Shanghai Office in Shift to Singapore
Norway’s $1.4 trillion sovereign wealth fund has started winding down its office in Shanghai as Singapore takes over as its hub in Asia.
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10 Sep, 07:25 AM
Wall Street ends lower, pausing rally as Powell testimony looms
U.S. stocks softened on Tuesday, closing in negative territory as investors began the holiday-shortened week by taking profits in the wake of a sustained rally amid signs of weakening global demand.
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21 Jun, 06:08 AM
Banks are designed to fail — and they do
This is a system that is essential to the functioning of the market economy but doesn’t operate by its rules
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12 Apr, 09:42 AM
Silicon Valley Bank fallout continues | CTV News
U.S. policymakers continue to try and figure out whether the government -- and its taxpayers -- should bail out a failed bank that largely served Silicon Valley, with all its wealth and power.
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13 Mar, 07:34 AM
Federal Reserve hikes interest rates 0.25 percentage point
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
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2 Feb, 08:39 AM
Greatest trade ever? Citadel's $16 billion haul smashes hedge fund records | CNN Business
Citadel is now the most successful hedge fund ever after it made $16 billion last year — the biggest annual windfall on record.
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24 Jan, 09:28 AM
Activist investor Elliott sets its sights on Salesforce
What Elliott wants, it typically gets.
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23 Jan, 09:51 AM
Asia-Pacific shares higher, many markets closed for Lunar New Year
Most markets were closed for the Lunar New Year holiday, with markets in Shanghai shut for the whole week.
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23 Jan, 09:49 AM
Earnings Watch: Microsoft, Tesla and Intel are about to face the doubters - MarketWatch
Tesla, Intel and Microsoft face bigger questions about the path forward, after their shares took a beating last year.
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23 Jan, 09:42 AM
Brazil and Argentina to discuss common currency
Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned.
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23 Jan, 09:39 AM
Households earning $100,000 or more are cutting spending more aggressively. What’s going on?
More U.S. adults said their monthly expenses exceeded their monthly income in December, according to a report released this week.
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20 Jan, 11:44 AM
Cohen Turns Sights on Alibaba. This Time Meme-Stock Traders Might Not Follow.
Launching a campaign at the Chinese e-commerce giant is a departure from the activist's other ventures.
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18 Jan, 06:22 AM
Shenzhen stocks rise 2%, Asia markets mixed on cooled U.S. inflation outlook
Markets in the Asia-Pacific traded mixed as expectations of cooled inflation in the U.S. lifted investor sentiment.
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16 Jan, 06:34 AM
Hong Kong stocks rise 3%, leading gains in the Asia-Pacific as investors look ahead to Fed minutes
Hong Kong shares rise 3% as investors look ahead to the Fed's meeting minutes, watching for signs of more interest rate hikes.
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4 Jan, 10:01 AM
Sam Bankman-Fried pleads innocent in the FTX fraud case - October trial set
A judge set an Oct. 2 trial date.
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4 Jan, 09:56 AM
