'Kill switches' could be needed for AI-powered trading, BoE official says

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'Kill switches' could be needed for AI-powered trading, BoE official says

Technology could make markets more volatile through ‘herding behaviour’, Sarah Breeden tells ECB conference

2 months ago

economy

SpaceX may donate stock to Trump’s savings accounts for kids, report says

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SpaceX may donate stock to Trump’s savings accounts for kids, report says

Sources suggest Musk may be mulling big donation to Trump Accounts.

2 months ago

economy

BP deputy chief to leave company in latest upheaval at oil major

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BP deputy chief to leave company in latest upheaval at oil major

Carol Howle, the trading chief appointed deputy CEO less than three months ago, is set to retire

2 months ago

economy

Battery metals futures heat up as volatility stirs markets

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Battery metals futures heat up as volatility stirs markets

Trading of cobalt and lithium futures contracts has risen this year on the leading European and US exchanges

2 months ago

economy

How the Mag 7 became the Lag 7

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How the Mag 7 became the Lag 7

It's a significant change in market leadership

2 months ago

economy

A developer says drying up farmland could help build California's largest AI data center

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A developer says drying up farmland could help build California's largest AI data center

The developer of what would be the largest AI data center in California wants to use Colorado River water currently tied to farmland.

2 months ago

economy

Barclays buys Canary Wharf HQ for £750mn

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Barclays buys Canary Wharf HQ for £750mn

UK bank buys 999-year lease on London headquarters in one of Europe’s biggest office deals in recent years

2 months ago

economy

Magnificent Seven stocks shed $2.2tn in Wall Street tech rotation

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Magnificent Seven stocks shed $2.2tn in Wall Street tech rotation

Investors switch to soaring chipmakers benefiting from hyperscalers’ vast AI spending

2 months ago

economy

When Groove Armada met regenerative agriculture

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When Groove Armada met regenerative agriculture

Wildfarmed, the grain business founded by Andy Cato, is going mainstream

2 months ago

economy

How Elliott is becoming the hedge fund industry’s new ‘Tiger cub’ factory

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How Elliott is becoming the hedge fund industry’s new ‘Tiger cub’ factory

The vaunted investor Paul Singer has spawned a small army of new firms mirroring Julian Robertson’s ‘Tiger cubs’

2 months ago

economy

How the great wealth transfer is rattling Wall Street

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How the great wealth transfer is rattling Wall Street

Tens of trillions of dollars are moving between generations — and younger heirs feel little loyalty to traditional advisers

2 months ago

economy

Private equity fund investors turn to debt-like deals in downturn

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Private equity fund investors turn to debt-like deals in downturn

Backers of buyout funds agreed $9bn worth of ‘alternative’ transactions last year, up from $6bn in 2024

2 months ago

economy