We are not the only ones to notice the dearth of AI revenue and profits. Sequoia Capital's David Cahn, Goldman Sachs' Jim Covello, and Citadel's Ken Griffen have all argued that AI's meager revenue is ...

Fed rate cuts, a US strategic Bitcoin reserve and accelerating corporate adoption of crypto could help BTC rally to $400,000.

As traders approach another pivotal day for financial markets, a series of crucial economic data releases and decisions that ...

The U.S. Commodity Futures Trading Commission (CFTC) is set to reopen discussions on its oversight of prediction markets. In ...

Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Fourth quarter net income of $1.21 per diluted share and adjusted operating income of $1.25 per diluted share; full year net income of $2.39 per diluted share and adjusted operating income of $2.56 pe ...

With a liquidity drought fading, investors can return to the more normal task of building private market portfolios designed ...

What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...

The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, was upbeat about the state of the economy but warned about some concerning aspects of the financial system.

Gold’s rally continues, driven by market volatility and central bank purchases, particularly from China. The price has reached $2886 per ounce, fueled by fears of inflation and trade wars. Analysts ...

The Trump administration is moving rapidly to gut the Consumer Financial Protection Bureau (CFPB), halting the agency’s work, ...