AI is becoming a financial engineering business
As large language models become more interchangeable, balance sheets will matter as much as tech breakthroughs in the…
Current price of oil as of August 20, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal
Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade,…
Bessent’s $4 billion bond plan is like ‘rearranging deckchairs on the Titanic given the U.S. national debt of $40 trillion,’ ING says
Everything you need to know before you reach the office this morning.
Pop Mart Warns of 2026 Sales-Target Miss as Growth Abroad Cools
Pop Mart International Group Ltd. warned it will probably miss the 20% full-year sales-growth target it set previously,…
Fed’s Warsh Needs to Launch Operation Twist, Academy’s Tchir Says
Peter Tchir, head of macro strategy at Academy Securities, calls the US Treasury Department’s move to increase its…
Exxon Warns Kazakhstan’s Top Oil Field to Peak Within Years
ExxonMobil Holdings Corp. has told Kazakhstan that the country’s top oil field is already on the cusp of…
China Is Rapidly Catching Up to the US in the AI Race (Video)
China Is Rapidly Catching Up to the US in the AI Race (Video). Reported by Bloomberg.
Scott Bessent Is Moving Markets Everywhere, With a Lot at Stake
Currencies, gold and Bitcoin prices all reacted to Bessent’s bond buyback gambit.
‘Treasury demand has become materially more valuation-sensitive’
‘Treasury demand has become materially more valuation-sensitive’. Reported by Financial Times.