Americans have been relentlessly spending their paychecks despite rising prices, buying pickup trucks with diesel near record highs and steak dinners even as the cost of beef soars. This is great news — until it isn’t. While retail sales and personal consumption...

Guggenheim Partners investors pulled $2.4 billion from its four largest mutual funds in September after reports that federal authorities are probing Chief Executive Officer Mark Walter’s business dealings. The redemptions include $1.8 billion from Guggenheim Total...

TypeSafe AI, the startup behind Jev, a new artificial intelligence model that went viral after it launched only a few weeks ago, has raised about $870 million at a $7.5 billion valuation in a financing led by Andreessen Horowitz. The deal came together just weeks...

The head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence trade may soon be over in what could trigger the most severe market crash since the global financial crisis. Equities have powered to record levels...

Asia’s powerhouse economies are more at risk than most from a potential AI bust, which could undercut surging exports and send shockwaves across markets, a new study found. The region is “particularly exposed” because it’s at the center of global supply chains and...