AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
UBS analyst Matthew Mish told CNBC that the artificial intelligence transformation is happening faster than he and his colleagues had…
Category: Economy
Venezuela oil sales top $1 billion, funds won’t go to Qatar account anymore, Energy secretary says
Democrats in Congress have questioned the transparency and legality of depositing Venezuela oil revenue in Qatar. ...
Here’s the inflation breakdown for January 2026 — in one chart
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said. ...
Meet the high-profile Emirati business leader lawmakers are linking to Epstein ‘torture’ email
U.S. officials have identified DP World's Sultan Ahmed bin Sulayem as the recipient of a 2009 email from Jeffrey Epstein…
Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition
German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times…
House votes to override Trump’s Canada tariffs
Republican House leaders tried, and failed, to pass a measure on Tuesday that would have blocked House disapproval votes on…
The delayed January jobs report will be released Wednesday. Here’s what to expect
Economists expect that the nonfarm payrolls report should show growth that was nil or not much better during the month.…
The AI threat wrecked software stocks. Now financial stocks look next with LPL closing 8% lower
Financial services firms tanked after the launch of a new AI-powered tax planning tool that promises to do the work…
Ford reports worst quarterly earnings miss in four years, guides for better 2026
Ford Motor reported its first quarterly miss since 2024 and its largest quarterly earnings miss in four years. ...