Forget LLMs. Silicon Valley investors have a new favorite AI play. Not long ago, Silicon Valley was dismissive of startups like Harvey. While OpenAI developed cutting-edge artificial intelligence models with the potential to shake up almost every industry, Harvey had...

Uncertainty around tariffs and inflation has hurt US business optimism since Donald Trump’s return to the White House in January, marking a sharp reversal from the buoyant mood among executives after his win in the presidential election, a survey shows. Less than...

The euro’s best three-day rally since 2015 is encouraging traders to bet the currency will rise 10% further in coming months. Hedge funds are buying options betting that the currency could reach as high as $1.20 in six to nine months, according to FX traders familiar...

Developing-nation assets jumped on bets higher tariffs will slow the US economy and divert investment flows into other markets. An MSCI Inc. gauge for emerging-market stocks ended the session 2.1% higher Wednesday, clocking its best day since September. Eastern...

A memo sent to staffers at the Department of Veterans Affairs said that the agency plans to return to pre-2019 staffing levels, according to a copy seen by Bloomberg News, meaning tens of thousands of employees could lose their jobs. The VA, which provides care for...

Financial markets are signaling that the risk of a recession is growing as tariff-related uncertainty and indicators of economic weakness spread fear across Wall Street. A model from JPMorgan Chase & Co. shows that the market-implied probability of an economic...