Chinaâs central bank has set the yuanâs daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
Contemporary Amperex TechnolÂogy Ltd (CATL), the worldâs biggest maker of electric-vehicle batteries, is set to restart a major lithium mine in eastern China, in a move that could ease raw material co...
White House AI and crypto czar David O. Sacks speaks with President Donald J Trump before he signs an executive order about pediatric cancer research and artificial intelligence, in the Oval Office at...
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
Getty Images; Angle Bush; Moonvalley; Rebecca Zisser/BI Since OpenAI launched ChatGPT in November 2022, the AI sector has undergone a significant transformation. Model capabilities have advanced, agen...
Google turned up the heat in the AI shopping wars this weekend, announcing plans to turn Gemini into a merchant and launching an open-source standard built together with major retailers including Shop...
Wix purchased its downtown Manhattan office space in December 2019 Wix.com Wix announced an office return for staff in Israel, Poland, and Lithuania, starting February 1. US employees will continue to...
ValentynVolkov/Getty Images Separately managed accounts in the hedge fund industry boomed in 2025. Insiders say demand will only accelerate the trend in 2025. Emerging managers face challenges from ta...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
Andreas Halvorsen runs $55 billion Viking Global. Scott Olson/Getty Images Stuart Brown is stepping down as head of trading at $55 billion hedge fund Viking Global. Brown has worked at the hedge fund ...
The Amsterdam office of the Boston Consulting Group in 2011. ictor/Getty Images Boston Consulting Group is investing heavily in developing new AI-based tools. Consultants at BCG have built tens of tho...
Warren Buffett, the CEO of Berkshire Hathaway, is retiring at the end of this year. Kevin Dietsch/Getty Images R360's Barbara Goodstein says Berkshire Hathaway's coming shake-up is an opportunity for ...
The number of people living in multigenerational households in the US quadrupled between 1971 and 2021, according to Pew Research. Stephen Simpson Inc/Getty Images As the cost of living rises for Amer...
Wall Street CEOs Jamie Dimon, Jane Fraser, and David Solomon. AP Bank CEOs have praised the epochal efficiency changes promised by AI. But what does efficiency mean for employees? Does it mean fewer j...
JPMorgan Chase : Bob Henry/UCG/Universal Images Group via Getty Images JPMorgan's asset and wealth management unit is dropping proxy advisors for shareholder voting in the US. In place of external hum...
Women, seeking muscle gains and weight loss, are driving innovation in the protein snack segment. Mohammed Saad/Anadolu via Getty Images Women, seeking muscle gains and weight loss, are increasing the...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...
đ Key Facts â Coinbase is buying The Clearing Company. â The acquisition expands into prediction markets. â It ...
Thousands of student-loan borrowers are waiting for their income-driven repayment applications to be approved. nirat/Getty Images Over 800,000 student-loan borrowers are waiting for their income-drive...
Meta says its $800 glasses are selling out quickly. Meta Meta says there's high demand for its Ray-Ban Display glasses, with waitlists extending into 2026. Meta said Tuesday that it's pausing on a wid...