Situational Awareness, the hedge fund whose aggressive AI bets soured badly in July, is backed by a formidable lineup of Silicon Valley and Wall Street investors who put their faith in a 20-something founder with
Washington and Tokyo’s joint move to boost the Japanese yen marks a historic intervention in currency markets. Here is a rundown of why it happened. Forty-year low Japan’s currency was testing 40-year lows
George Santos, the former lawmaker convicted of fraud, got in fresh trouble following his release from prison by making illegal bets on Kalshi. Then, hours after the Commodity Futures Trading Commission ordered the former U.
0940 GMT – Stellantis has made too little progress on its U.S. turnaround, despite a solid market backdrop, UBS analyst Patrick Hummel writes. Elevated dealer stock levels could require production cuts, higher incentives or a mixture
The latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0811 GMT – A potential tie-up between AstraZeneca and Bristol Myers Squibb could face antitrust hurdles due
1. FROM MY DESK Good morning. As colleges prepare to welcome students back to campus, we examine higher education’s deepening financial strain—and how, in extreme cases, schools are covering day-to-day bills with funds that
President Trump and Bernie Sanders have argued for the government taking equity stakes in AI companies to ensure the public benefits. A new report by the Equable Institute on the state of government pensions shows
Kejal Vyas and Ryan Dubé capture the scale of Venezuela’s reconstruction challenge in “U.S. Faces a Quagmire in Venezuela” (World News, July 20). However, reconstruction depends not only on the availability of capital. It
When the week began, Leopold Aschenbrenner was preparing for his wedding. The plan was for a multiday celebration in Carmel, a seaside town in Northern California, with the ceremony at a Tuscan-style villa and the
Ford Motor F -2.75%decrease; down pointing triangle and General Motors GM -1.12%decrease; down pointing triangle are looking beyond cars. If history rhymes, investors could come to regret their wandering eyes. Will this time
