KPMG reduces U.S. advisory workforce by 4%, impacting hundreds. Learn how cooling demand, M&A slowdown, & low attrition drive Big Four cuts.
Above: The financial district at first light, viewed from North Sound. The territory administers more than $4 trillion in regulated assets — roughly four percent of the world's hedge fund capital. — for The Journal
Elon Musk testifies in the high-stakes OpenAI trial, alleging the company breached its founding mission for profit. Learn how this lawsuit could reshape AI's future.
AstraZeneca commits $405.5M to UK operations, a major U-turn. Discover how blockbuster cancer drugs fuel this investment, boosting UK life sciences and R&D.
Bill Ackman's PSDL fund debuts, offering public access to the burgeoning private credit market. Explore direct lending strategies for attractive yields.
General Dynamics (GD) soared in Q1 with 12% profit & 8.7% revenue gains, prompting a raised 2024 earnings outlook. See what drove strong defense & Gulfstream results.
Apple invests $750M in F1, including a Brad Pitt film & streaming deal. See how this bold play aims to transform F1 in the US and boost Apple TV+.
Lloyds Q1 profit soars to £2.025bn, beating forecasts! But the bank issues a stark warning on UK economic uncertainty from Ukraine & inflation.
Bank of Canada keeps rate at 2.25%, signaling stable borrowing costs as inflation peaks. Discover the impact on your mortgages & loans.
Bank of Canada keeps rate at 2.25%, signaling stable borrowing costs as inflation peaks. Discover the impact on your mortgages & loans.
Ottawa, ON — The [Bank of Canada](https://www.bankofcanada.ca/) today announced it would maintain its overnight policy rate at `2.25%`, signaling a period of stability for borrowing costs as it anticipates inflation reaching its zenith in April. This decision, widely expected by market watchers, suggests the central bank is comfortable with its current monet
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The AI rally on Wall Street faces its first real test. Discover why AI stocks are sliding & what tech giants must prove in upcoming earnings season.