Artificial intelligence pioneer Fei-Fei Li has had discussions with investors to raise hundreds of millions in funding for her startup, World Labs, at a valuation of about $5 billion, according to people familiar with the discussion. The new valuation would be a leap...

Citadel’s Ken Griffin said heavy selling of Japanese government bonds this week should serve as an “explicit warning” to US politicians to improve the nation’s finances. “The bond vigilantes can come out and extract their price,” Griffin told Bloomberg Television at...

Pending sales of US existing homes fell in December by the most since April 2020, an unusually large drop after the housing market appeared to be gaining some momentum. An index of contract signings decreased 9.3% to 71.8 last month, according to data released...

Investors have poured billions of dollars into companies leading the artificial intelligence boom, and a sharp drop in valuations would have dire consequences for the credit market and the broader US economy, according to Moody’s Ratings. With Big Tech firms set to...

The UK government is on course to miss its London housing targets by a wide margin after plunging new home sales led to a collapse in the number of new apartments under construction. Just 5,547 homes were started in the UK capital last year, an 84% drop from a decade...

As Europe’s luxury-goods stocks get off to a shaky start to 2026, some analysts are warning that the sector’s recent rally has left valuations looking inflated. Morgan Stanley downgraded LVMH to equal-weight on Monday, saying both tariffs and currency fluctuations...

De Beers cut its official diamond prices for the first time in more than a year, according to people familiar with the matter, ending its attempts to support the market in the face of slumping demand. The diamond industry has been beset by one of the deepest and most...

President Donald Trump’s duties on imported goods are paid almost entirely by American importers, their domestic customers and ultimately US consumers, a study from a German think tank concluded. “Foreign exporters did not meaningfully reduce their prices in response...

Market Crash expert and empirical data researcher Michael Markowski has identified two risks facing US and world stock markets. Michael predicted the media verifiable Collapses for the brokers including Lehman in September 2007. Both of the NEW risks emerged during...

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...

Chinese banks helped clients sell a record amount of foreign currencies back into the yuan in December, supercharged by expectations of appreciation and increased seasonal demand. Onshore lenders sold a net $99.9 billion of foreign exchange on behalf of clients in...

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...

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...