Etsy lays off 12% of workforce as part of restructuring plan Reuters

Gloo agrees to acquire Cedarstone to expand AI-powered nonprofit services

A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.

FAA says Marine One was briefly too close to passenger airplane Reuters

President seeks to move on from saga that undermined world football’s governing body

China’s rapid progress in low-cost artificial intelligence is strengthening the investment case for the country’s internet giants after years in the shadow of chipmakers, market participants say.

Joint US-Japan intervention has helped the yen for now, but isn’t a game-changer for the currency or the economy, Japan’s former Prime Minister Fumio Kishida said in a Bloomberg TV interview in Tokyo. He touted a ¥370 trillion ($2.3 trillion) growth strategy as the long-term vision that will transfo

For Dorian Hsu, Taiwan’s stock boom had looked like a chance to get ahead. The 33-year-old office worker poured his savings into stocks and borrowed $62,000 through an unsecured loan to double down on leveraged bets tied to the benchmark index.

Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out of Washington over the past two weeks.

More than two months after President Prabowo Subianto unveiled plans to take control of Indonesia’s top commodity exports, the agency charged with carrying out the proposal is caught between competing visions of its role in the economy’s most vital export industry.