Renewable generation growth seen increasing threefold NextEra CEO speaks at CERAWeek energy conference in Houston The biggest US wind and solar farm developer expects the growth rate of the demand for electricity to soar to keep up with artificial intelligence,...

Easy financial conditions, strong dollar have boosted stocks But weakening greenback threatens to weigh on equity multiples The chief investment officer of Morgan Stanley Wealth Management has a warning for stock bulls: the structural forces weighing on the dollar are...

NY Fed survey finds rising demand for consumer credit broadly About a third think they’ll get rejected to refinance mortgage Americans increasingly doubt they’ll get approved for a loan to buy a car or refinance a mortgage, according to a survey conducted by the...

Unlike past cycles, debt costs rose more than interest income Burden of interest falls hardest on lower-wealth households When the Federal Reserve raises interest rates, US households — in aggregate — usually get a boost to interest income that outweighs the extra...

Move follows surge in capacity, competition across industry Analysts see potential rebound by late 2024 on consolidation China’s Longi Green Energy Technology Co., the world’s largest solar manufacturer, is cutting almost one-third of its staff to slash costs in an...

Economy seen as stabilizing but consumer demand remains weak Production, investment strength may delay stimulus: economists China’s strong factory output and investment growth at the start of the year raised doubts over how soon policymakers will step up support still...

Hong KongCNN —  China’s key real estate sector hasn’t shown much improvement following a flurry of government measures taken to boost the industry, even as other parts of the economy seem to be stabilizing. New property sales reached a total of 1.06 trillion yuan...

Headline retail sales, industrial output growth seen slowing Faster growth will be needed for rest of 2024: ANZ’s Yeung China’s economic activity was likely mixed at the start of the year with property remaining a major drag, raising doubts about the nation’s ability...

The stock has traded at overbought levels for about two months TSMC shares at largest-ever premium to consensus price target The rapid ascent in Taiwan Semiconductor Manufacturing Co. is making it harder to ignore risks for the world’s largest contract chipmaker, even...

Total climbed to $6.108 trillion in the week to March 13: ICI Prime institutional funds saw second straight week of outflows Money-market fund assets rose to a fresh record high on expectations short-term rates will remain elevated for longer after traders reined in...

California’s high-paying industries created far fewer jobs than previously thought, as a sharp downward revision cut the number of positions in professional services, finance and information by about 250,000 compared with initial reports. The state added only 50,000...

BSE’s small cap index is down more than 11% from a record high Regulators are concerned about potential for bubbles A sharp correction in small-cap stocks portends souring risk appetite on the broader Indian market, which is now an underperformer in Asia Pacific after...

You’re likely already aware of AI hallucinations. Perhaps you’ve seen a funny chatbot response blasted on Twitter. While they may be amusing, they do create real risks to AI integrity. Imagine asking an AI for a recipe and it suggests chlorine gas or any poison (yes...

More than 300 crypto-asset providers sought permits, FSCA says FSCA to use existing financial-services law to oversee crypto South Africa will license about 60 cryptocurrency platforms by the end of the month, putting it among the first nations on the continent to...