
HSBC CEO warns the AI boom won’t make every data center a good bet
Data center campuses house the servers that power AI and cloud computing.
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Data center campuses house the servers that power AI and cloud computing.

Debt, AI and Ukraine dominated the conversation at the IMF-World Bank meetings in Bangkok, while China, the focus in 2018, slipped into the background.

On Kalshi, Anthropic is seen as the last major IPO in 2026 after OpenAI delayed its public market debut. Others have postponed too.

With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply chains.

Investors may want to rethink their bond allocation and opt for managed futures exposure.

Less than four months into life as a public company, Bending Spoons got a big vote of confidence this week from Berkshire Hathaway.

The U.S. raised market access issues for Mastercard and Citigroup in China during bilateral meetings in Bangkok this week, a U.S. Treasury official says.

Increasing government spending on healthcare could help boost consumption in China, the International Monetary Fund said.

The latest 12-month period marked the strongest return for the university's fund since 2021.

European trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.

Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos, offering a rare look at costs involved in defending against AI.
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.

The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.

The country's customs agency is due to release September trade data on Wednesday.

Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.

New York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease.

JPMorgan Chase CEO Jamie Dimon warned of rogue agents operating at scale and said the bank is building defensive tools.

The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.

Singapore is a bastion of safety amid global turmoil, according to the CEO of DBS.

The S&P 500 has climbed almost 120% since its closing low on Oct. 12, 2022.