Are AI stocks the new railroad bonds?
To understand what’s going on in the sector, look at 19th-century railroads
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Global oil reserves plunge at record pace as Middle East war strains supplies
Stocks near 8-year low ahead of summer travel season despite collapse in demand
Crispin Odey accused of seeking to create a ‘false reality’ by UK regulator
Lawyers for hedge fund boss say that FCA tried to bring sexual harassment case ‘by the back door’
SEC moves to scrap quarterly reporting requirement
Wall Street watchdog suggests allowing public companies to file semi-annual reports
UK long-term borrowing costs hit highest level since 1998
Yields on 30-year gilts hit 28-year high on expectations BoE will raise rates two or three times to counter inflation threat
Coinbase to cut 14% of staff over impact of AI and volatile markets
Crypto exchange’s CEO says the technology is speeding up its processes, meaning fewer employees are needed