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When Paula Comings, the head of currency sales for US Bancorp, talks to US importers, she increasingly hears the same message: Their foreign counterparties no longer want to be paid in dollars.
The ETF market has hit a symbolic turning point: active funds now outnumber passive ones for the first time, marking a sharp break from the industry’s index-tracking origins — even if actively ...
Scale AI co-founder Alexandr Wang is such an enthusiastic networker that his former roommate — OpenAI Chief Executive Officer Sam Altman — once jokingly told him to tone it down a bit.
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of ...
Meta Platforms Inc. will begin showing ads inside of its WhatsApp messaging service, opening a new potential revenue stream while the company invests heavily in artificial intelligence and other ...
China’s first clinical trial of a technology that allows signals from the brain to control an external device has shown early signs of success, making it only the second country after the US to ...
Corporate support of the LGBTQ community has always been a financial decision. But abandoning it doesn’t make business sense.
Wedbush Financial Services is taking a significant minority stake in Polish investment bank Trigon, the Warsaw-based company said in a statement, confirming a report by Bloomberg News.
The Washington Post is investigating a cyberattack on the email accounts of some journalists, prompting the newspaper to beef up its online security.
President Donald Trump said he believed it’s possible Israel and Iran could reach an agreement to end their conflict, though the two sides may need to continue fighting before they’re ready to ...
Chinese carmakers’ pledge to make timely bill payments — an effort to appease officials’ growing scrutiny of a long-running price war — has left many suppliers skeptical about how readily ...
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