Consumers spent some $250 bln more than they earned in the six months through November, a gap unseen since 1959. As wages lag, savings and stocks help pay more bills. Cracks are showing, however, as ...

President Donald Trump’s apparent climbdown on the Danish territory avoids a costly tariff war for now. While US and EU stock markets rose over 1%, the uncertainty ramps up Europe’s fears of a weaker ...

The Swedish asset manager is paying $3.7 bln for Coller Capital, which buys stakes in pre-existing private equity deals. It ...

A 7% bump in power prices and slowing employment, despite rapid GDP growth, spells trouble for Trump’s artificial ...

China’s lithium carbonate prices have leaped 75% in three months as energy storage demand soars and Beijing wages war on the ...

US Supreme Court justices voiced reluctance to allow the president to fire central bank governor Lisa Cook, deferring to ...

IntraFi’s business helping lenders stretch deposit insurance boomed after Silicon Valley Bank’s failure. Its network dominates among the $438 bln in accounts using such tactics. Yet competition is ...

Pork producer Smithfield will swallow Nathan’s Famous for $450 mln, or a plump 12 times EBITDA. The iconic US wiener slinger ...

Donald Trump’s designs on the Danish island raise the question of whether Europe could retaliate by offloading its $14 trln ...

EQT’s boss said 80% of private capital firms may never raise another fund. One risk for investors who put up the money is ...

Sanae Takaichi’s snap election seeks a mandate for debt-fuelled growth and tax cuts, sending 40-year bond yields to a record 4% and the yen tumbling. Normally that would prompt the premier to rein in ...

Artificial intelligence startup Manus is putting Beijing in a quandary. Authorities are investigating the China-founded company's move to Singapore and subsequent $2 billion-plus sale to U.S.