Charting the global economy: BOE sends clearest sign yet of interest-rate cutsThirteen economies in developed countries were experiencing per-capita recessions by the end of last year, as reported by Bloomberg Economi...
When the AI goes haywire, bring on the humansThe AI software used by Fair Isaac Corp, a credit scoring giant, told banks to deny millions of legitimate purchases, early during the COVI...
Seduced by Archegos' growth, Nomura took a chance on Hwang comebackThe story of how Hwang worked his way back in to Nomura's good graces with the promise of a lucrative trading relationship, details of whic...
Amazon to bring workers back to offices by fallAmazon had previously given its return-to-office date as June 30, but questions remained as to whether the company would allow some of its ...
Traders ‘glued to their screens’, set for volatile open on Wall StreetWhile some of the stocks targeted in the block trades initiated by Goldman Sachs Group Inc. and Morgan Stanley rebounded at the end of Frid...
Other people’s money was the tech innovation of the decadeIn a feedback loop, once technology changes started seeping into more corners of life and business, investors were motivated to hunt for mo...
Alternative data holds the key to health of a country’s economyApps are providing geolocation data for a wide variety of customers who can track the number of people working at a refinery.
Japan's Recruit buys jobs website Glassdoor for $1.2 billionJapanese human-resources and consumer-information provider Recruit Holdings Co. has agreed to buy Glassdoor for $1.2 billion in cash.
Wall Street corporate landlords benefits from rental-housing crisisThe shortage is giving the upper hand to institutional investors who spent more than $25 billion since 2012 buying single-family homes to r...