- Under its new chief executive, Greg Abel, Berkshire raises its bet on a market recovery by adding another housing company to its portfolio.
- Marvell Technology Inc. shares surged in early trading Tuesday after Nvidia Corp.’s Jensen Huang predicted the semiconductor and networking company will be the next business to hit a $1 trillion valuation, more than five times its current capitalization.
- Effort has driven up prices and prompted calls to restrict sales of a vital national security resource to overseas buyers
- Middle East energy shock pushes price growth to highest level in nearly 3 years
- The US is proposing a new 25% tariff on Brazilian goods after a fresh investigation found the country engages in unfair trade practices.
- Democrats need to show they can deliver for a disaffected Gen Z
- Ken Griffin’s Citadel is preparing to launch a new program that will collect trading insights from other hedge funds in exchange for a fee to feed into its own quantitative strategies, as the industry’s largest firms jostle for market data and more ways to deploy capital.
- Chinese artificial intelligence startup DeepSeek will make permanent a 75% price cut on its flagship V4‑Pro artificial intelligence model, keeping prices at a quarter of their original level, the company said in a statement on Saturday.
- Chinese AI startup DeepSeek said it will permanently cut the API price of its flagship model by 75% from June 1, prompting debate across the global AI industry. Amazon AWS said the move may matter less as a price war than as a bid to change how AI infrastructure is built and sold.
- Historic bullion rally boosts metal’s share of reserves to 27% while central banks diversify away from dollar
- Accenture made a fortune from previous tech revolutions but investors think AI could kill it, not make it stronger
- South Korea’s equity market has overtaken India’s as the world’s sixth largest, driven by a relentless surge in chip heavyweights powering the global artificial intelligence buildout.
- From produce to wages, Americans are being financially squeezed on all sides.
- California’s public universities spent $16.9 million on A.I. during a financial crisis, and the result has been chaos.
- Google parent Alphabet Inc. is raising $80 billion in equity offerings, including an investment deal with Berkshire Hathaway Inc., to help raise money for its ambitious artificial intelligence spending plans.
- Roche dominated oncology a decade ago. Today it is struggling to keep up with its rivals
- Hewlett Packard Enterprise Co. gave an outlook for annual sales that topped estimates, citing massive growth in demand for the company’s servers and networking that it expects to continue through next year. The shares soared in extended trading.
- After 50 years of falling capital, labour and energy prices, the next half-century will look very different for America
- US manufacturing activity expanded in May at the fastest pace in four years, bolstered by a pickup in new orders and production.
- They are pretty accurate. But they could keep you up at night
- Texas-based group agrees to buy Svalner Atlas, which had been expected to attract bids from private equity firms
- Vimal Kapur is presiding over a three-way split that will usher in the end of corporate America’s conglomerate era
- Former short seller Joe O’Donnell makes software for analysts that can perform tasks in hours that used to take him weeks.
- Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market.
- Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era.
- Zillow predicts that national housing affordability may improve slightly as U.S. income growth outpaces U.S. home price growth.
- What would it take for the US to ramp up domestic manufacturing, cut import dependencies, and strengthen industrial resilience?
- Home insurers pitch policies as a financial peace-of-mind safety net, but in a disaster customers can find the apparent guarantee of compensation evaporates.
- The billionaire’s new roots in Argentina are said to be partly motivated by concerns about the future of the United States and a shared ideology with Argentina’s right-wing leader.
- Baby boomers and the silent generation are attending classes at Goucher, part of a partnership meant to offset a steep decline in enrollment
- Palantir founder intends to spend several months in Buenos Aires initially
- A new volume collecting decades of letters from the Berkshire Hathaway chairman is part management manual, part Berkshire history and, somehow, part comedy.
- See how OpenAI, Thrive, and Crete built a self-improving tax agent with Codex, automating filings, improving accuracy, and accelerating workflows.
- Canada edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter, pointing to persistent slack in the economy amid US trade tensions.
- The Canadian economy edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter.
- Executives are scrambling to track returns on AI investments as the bill for massive computing needs comes due.
- In the fourth year of a struggling market, even real-estate professionals who made it this far are reaching a breaking point.
- From mini-pigs and organ printing to cryotherapy and genetics, Russia’s president has turned antiaging research into a Kremlin priority.
- And how immigration policies could strain the safety net
- Our latest model, Claude Opus 4.8, is an upgrade to our Opus class of models, with stronger performance across coding, agentic tasks, and professional work, and the consistency to handle long-running work.
- The paper that helped popularize the concept of a post-pandemic “urban doom loop” was finally published this February in the American Economic Review. A lot has changed since the authors of “Work from Home and the Office Real Estate Apocalypse” began circulating it in mid-2022, and there’s even been some talk over the past year of an office revival. But while this does seem like an indication that the publication process in academic economics takes way too long, nothing in the paper is really ou
- New products, smaller packages and value meals are being rolled out to attract inflation-weary customers.
- US consumer spending crept up in April as war-driven inflation pressures sapped incomes and pushed the saving rate to an almost four-year low.
- Snowflake Inc. shares jumped about 39% in premarket trading after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.’s cloud services and chips.
- GM, Ford and Toyota have said they are planning for new-car sales to stagnate or shrink this year, as prospective buyers stay on the sidelines of the market.
- The outgoing chair has made some mistakes, but his decision to stand up to Trump was heroic
- The outgoing chair has made some mistakes, but his decision to stand up to Trump was heroic
- Formative experiences shape our views on future inflation as much as the data
- Prototype, backed by Federal Reserve Bank of New York and BoE, allows near-instantaneous settlement of payments
- A top Spirit Airlines Inc. executive said the company initially viewed a $3.8 billion takeover offer from JetBlue Airways Corp. as a bid to eliminate a low-cost rival, the same conclusion reached by US regulators now trying to block the deal.