Trump’s Pursuit of Powell Threatens to Muddle Fed Tea Leaves

The Trump administration’s latest attack on the Federal Reserve has stoked expectations that Jerome Powell will stay on the Board of Governors after his term as chair ends in May — setting up the optics of a rival center of influence inside the world’s most powerful...

Robocar Startup Tensor Is Said to Seek New Funds Before US IPO

Tensor Auto Inc., a startup that develops autonomous vehicles, is considering raising several hundreds million dollars ahead of a potential initial public offering in the US, according to people familiar with the matter. The San Jose, California-based company is...

Pimco Says Rally Sweeping Emerging Markets to Last ‘for Years’

For one of the world’s largest bond managers, the rally that swept through emerging markets last year was a prelude to a longer-lasting trend. “This is a playbook that will last for many years,” Pramol Dhawan, head of emerging markets portfolio management at Pacific...

Global Funds Turn to China Stocks, Yuan in Big Bets for 2026

Investors are ramping up bets on China’s stocks and currency as 2026 kicks off, signaling a more decisive shift into the country’s assets at a time of rising global uncertainties. Global investment firms from Goldman Sachs Group Inc. to Bernstein Societe Generale...