Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the company’s future stock.
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.
Tesla’s newly unveiled flying sports car, which features SpaceX rocket thrusters, could help Musk push for a merger between his two biggest companies, analysts say,
Even though October’s correction has brought about some relief for bond markets and revivified the rate sensitive sectors of the stock market, Bank of America’s strategists recommend staying risk-off until after the midterms and the next Fed meeting.
The S&P 500’s strong overall performance reflects its heavy weighting at the top. Under the surface, nearly 40% of the index’s stocks are down at least 20% from their 52-week highs.
The London-based bank recommends holding on to Big Tech stocks ahead of their earnings, but has a preference for companies with strong business models.
Nashville has long been home to many big names in R&B and country music, but over the last few years, celebrities from a variety of industries have flocked to the Music City.
Federal Reserve Chair Kevin Warsh had an opportunity Thursday night to shape expectations heading into the central bank’s interest-rate-setting meeting in two week’s time — and in keeping with his practice of leaving markets guessing, he chose not to.