JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, asked about fierce competition across the financial industry, said he’s starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. “Unfortunately,...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming language that’s run on IBM computers. The stock plunged 13% in its...

Nassim Taleb has a warning for investors: brace for escalating volatility and potential bankruptcies in the software sector as the artificial intelligence-driven rally enters a more fragile phase. To the author of The Black Swan, the markets are underpricing...

It wouldn’t have seemed possible a year ago. But Bitcoin has gotten caught in one of its deepest struggles yet, with no obvious way out. The world’s largest cryptocurrency has plunged more than 40% from its peak, and the usual playbook isn’t working — dip buyers have...

A Goldman Sachs Group Inc. business that raises funds to buy stakes in other private-market investment firms is seeking cash for its next fund. Petershill Partners, which recently delisted from the London Stock Exchange after years of trading at a low valuation, has...

Canada’s trade deficit last year widened to C$31.3 billion ($22.9 billion), marking the largest annual shortfall on record outside of the Covid-19 pandemic, as US tariffs hammered key export sectors. Annual exports last year decreased by 0.2%, driven by declines...