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US government debt hits $40tn as borrowing rises at historic rate
Finance

US government debt hits $40tn as borrowing rises at historic rate

Public spending surges despite Donald Trump’s vow to stabilise America’s public finances

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Fed officials saw need for rate hike if inflation doesn’t cool, minutes show
Finance

Fed officials saw need for rate hike if inflation doesn’t cool, minutes show

The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.

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Fed officials express rising concern over persistently high inflation
Finance

Fed officials express rising concern over persistently high inflation

Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs

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Why bond markets are unnerving rich-world politicians
Finance

Why bond markets are unnerving rich-world politicians

As stocks rise ever higher, yields have been climbing ominously

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US Treasury to boost long-term bond purchases in bid to steady market
Finance

US Treasury to boost long-term bond purchases in bid to steady market

Move reflects Washington’s concerns about sharp rise in borrowing costs, investors say

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Alibaba Tops Chinese Tech Stocks This Quarter on AI Resurgence
Finance

Alibaba Tops Chinese Tech Stocks This Quarter on AI Resurgence

Alibaba Group Holding Ltd. is reclaiming its place as one of investors’ favorite Chinese technology stocks, on bets…

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Millionaire Mel Robbins says her waitressing boss taught her how to spot the most influential person in the room: ‘It’s never who you think it is’
Finance

Millionaire Mel Robbins says her waitressing boss taught her how to spot the most influential person in the room: ‘It’s never who you think it is’

“The Mel Robbins Podcast” host says the most powerful person in the room is “never who you think…

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Retail investors aren’t entirely giving up on AI trade, but they appear more cautious
Finance

Retail investors aren’t entirely giving up on AI trade, but they appear more cautious

Mom-and-Pop investors remain bullish on AI and tech, but some are adding downside protection.

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Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips
Finance

Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips

Nevada capped Tesla's fleet at a fraction of its request and kept it away from Harry Reid airport.

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Inside the $8 billion cybersecurity acquisition that helped ServiceNow’s stock buck the ‘Saaspocalypse’ fears
Finance

Inside the $8 billion cybersecurity acquisition that helped ServiceNow’s stock buck the ‘Saaspocalypse’ fears

The deal for Yevgeny Dibrov’s Armis was Israel’s second-largest tech startup exit ever.

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