US stocks mostly finished in the red Friday as a tech-led rally showed real signs of fatigue for the first time in over a week. The benchmark S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) both lost about 0.2%. The Dow Jones Industrial Average (^DJI)...

Two global credit ratings firms lowered their forecasts for China’s property market, as an accelerating slump in home prices hampers the country’s efforts to rescue the sector. S&P Global Ratings now expects residential sales to drop 15% this year, more than the...

Startup introduced previous version just three months ago Artificial intelligence startup Anthropic is releasing a new AI model that it calls its fastest and most capable yet in a rivalry with OpenAI. Anthropic introduced Claude 3.5 Sonnet, an updated version of its...

Home starts slid to 1.28 million, below all but one estimate Decline in building permits point to softer construction ahead New home construction in the US slumped in May to the slowest pace in four years, as higher-for-longer interest rates sap the housing industry’s...

Ties with Brazil are growing with two-way investments Abdulrahman Bakir helped lead tour of 100 delegates to region Before 2020, Saudi Arabian investment in Brazil was so small that it didn’t even appear in the central bank’s database for relevant foreign inflows....

The increase is tied to recent passage of new green standards Half of fund managers surveyed say over 30% of assets stranded Fund managers overseeing commercial real estate say significant chunks of their portfolios hold assets that can now be considered stranded due...