Finance
UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China
Bletchley Park was a codebreaking facility during World War II.GettyThe U.K. government said Wednesday that it will invest £225 million,...
Read moreStanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past...
Read moreWhy working longer is a bad retirement plan
Daniel Gonzalez | Moment | Getty ImagesWorking longer is among the best ways to ensure you don't outlive your retirement...
Read moreBiden administration to crack down on ‘junk fees’ in retirement plans
Julie A. Su, nominee for deputy secretary of Labor, testifies during her Senate Health, Education, Labor and Pensions Committee confirmation...
Read moreMorgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1
Morgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024.Pick, a Morgan...
Read moreUK confirms plans to regulate crypto industry with formal legislation
Bitcoin, the world's largest cryptocurrency, has been stealthily rising in 2023.Chris Ratcliffe | Bloomberg | Getty ImagesThe U.K. government on...
Read moreHSBC’s after-tax profit surges over 235% year-on-year, announces $3 billion share buyback
Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC's profit after tax came in at $6.26 billion in the three...
Read moreHuawei’s revenue barely rose in the third quarter, despite phone and car sales growth
Visitors line up in front of the Huawei flagship store on Nanjing East Road, one of the city's main commercial...
Read moreElon Musk wants your ‘entire financial life’ on X: Report
Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly Twitter, attends a U.S. Senate bipartisan Artificial Intelligence...
Read moreSuze Orman: ‘Big mistake if you park your money forever in bonds’
Suze Orman has a warning for investors relying too heavily on bonds.The personal finance expert believes the draw of high...
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