Elon Musk’s artificial intelligence company xAI is canvassing potential investors for a roughly $10 billion funding round ...

Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one.

Stocks are mostly higher at midday on Friday and a weekly gain seems to be in the cards. Retail sales declined more than expected in January, off 0.9% compared to the 0.2% decline economists expected.

The president continues to press his effort to remake global trade to address what he says is a system that is tilted against the US. “If the US is not willing, if it is bent on suppressing and ...

Nvidia cut its stakes in chip designer Arm and exited its position in SoundHound AI. Both stocks were falling on the news.

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