Sam Bankman-Fried lawyer says government portrayed FTX founder as a ‘monster’
Closing arguments kicked off on Wednesday in Sam Bankman-Fried’s criminal fraud trial, with prosecutors walking the jury through four weeks of evidence
Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says
Swiss National Bank Chairman Thomas Jordan said the central bank’s interventions during the fall of Credit Suisse were “crucial” to avoid a “financial crisis.”
China says it will back global consensus on AI amid tech clash with U.S.
Wu Zhaohui, China’s vice minister of science and technology, said the country was willing to “enhance dialogue and communication in AI safety with all sides.
Why dealers say EV sales have slowed
EV inventories have been piling up at dealerships in 2023, and are selling far more slowly than their gasoline counterparts.
Treasury details plans to step up size of bond sales to manage growing debt load and higher rates
The Treasury Department announced plans to accelerate the size of its auctions as it looks to handle its heavy debt load and with financing costs rising.
Bolivia severs ties with Israel over war in the Gaza Strip, as Colombia and Chile recall ambassadors
Diplomatic relations between Israel and a spate of South American countries have frosted or severed, amid its ongoing military campaign in the Gaza Strip.
Israel’s ‘second phase’ of war is underway as troops push into Gaza — but it appears deliberately ambiguous
Optics and throwing off the enemy are key reasons for the ambiguity in what appear so far to be smaller land operations, analysts say.
Elon Musk is in the UK for a pivotal summit on AI — here’s who’s going
The summit will be a chance for Prime Minister Rishi Sunak to put the U.K. at the heart of the global conversation around artificial intelligence safety.
Aston Martin shares plunge on volume target cut, lingering debt
Aston Martin shares plunged on Wednesday morning after the British luxury carmaker cut its volume target due to production problems.
Bank of England set to hold rates again, but markets see no cuts on the horizon
The Bank of England is widely expected to keep interest rates unchanged on Thursday as data continues to show moderating price pressures and weakening economic activity.
