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Oracle Tumbles As AI Data Centre Funding Hits Snag And Debt Concerns Mount
Oracle falls 6% as AI data centre funding stalls, debt worries rise, and investors grow cautious.
Bitcoin’s Silent Exodus Hits Crypto As Long-Time Buyers Cash Out
Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.
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Chastened Economists Hopeful for US Soft Landing, Fed Rate Cuts
Inflation’s roller-coaster ride over last two years has left economists humbled about their forecasting abilities but hopeful for a soft landing.
UPDATE 5-Top US Congress Democrat, Republican Reach Spending Deal, Starting Race to Pass It
Top Democrat and Republican in U.S. Congress agreed on a $1.59 trillion spending deal, setting up a race to pass bills that would appropriate money.
Most Well-Known Economists Got It Wrong In 2023, Here’s Why
Even the most well-known economists find it difficult to make reliable stock market predictions.
Troubled China Shadow Bank Zhongzhi Files for Bankruptcy
Chinese shadow banking giant Zhongzhi Enterprise Group Co. filed for bankruptcy, cementing rapid fall of a firm that oversaw more than $140B at peak.