Finance
Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM
Labour politicians say mutualised model puts public in control without adding debt to government’s balance sheet MPs and mayors close to Andy Burnham have told the prime minister there is a “third way” to gain more…
‘Proteinmaxxing’ could lead to higher prices for infant formula, say experts
Whey protein, a key infant formula ingredient, is in growing demand, partly linked to rising use of weight-loss drugs The rise of “proteinmaxxing” – a trend in which consumers try to eat as much protein as possible –…
Fifa scraps proposal to sell off stakes in World Cup after widespread backlash
Gianni Infantino issues statement on controversial plan ‘This proposal will not proceed,’ confirms Fifa president Gianni Infantino’s proposal to sell chunks of the World Cup to private investors has sensationally…
July ends on a hopeful note for stocks after momentum trade sees biggest wipeout since 2000
Investors are seeing more signs that the bottom is near, if not already in.
Situational Awareness vs. Long-Term Capital Management: A side-by-side comparison
There are more similarities between the two hedge-fund blowups than one might expect.
The S&P 500 is making a change by adding this little-known industrial stock
Ferguson Enterprises’ stock was rallying more than 8% after news the Newport News, Va., company will be joining the S&P 500 index, edging out better-known names for inclusion.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.
Health savings accounts can be a great retirement tool – if you’re healthy or wealthy
HSAs can offset healthcare costs in your old age. But most people can’t afford to wait.
S&P 500 ends with its first July decline since 2014. Here are the stocks that led the selloff.
After a whipsaw end to the month, the stock market’s decline was highlighted by the worst month for chip stocks in 24 years.
Did China build a top-tier AI model by itself? A new report suggests Nvidia chips played a role.
Alibaba has an agreement for Moonshot to use its Nvidia H200s, according to Bloomberg — but the Chinese tech giant pushed back against the report.
Job seekers can now spend thousands on AI certificates. Is it worth it?
Job hunters are pursuing AI certifications, badges and other credentials in hopes of standing out — and maybe getting paid more
How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.