While the Federal Reserve cut its benchmark interest rate this week, mortgage rates responded by doing just the opposite.The average rate on the 30-year fixed

Gerry Clauss is a former electrician. But he had never worried so much about paying for electricity until the power bill on his single-family home

The European Central Bank held interest rates steady on Thursday, as investors question whether the institution’s most aggressive easing campaign since the financial crisis is

A US bank charter has become one of the most sought-after assets among financial-technology companies around the world. Stablecoin issuers, payment processors and other fintech

Retail investors keep flocking to publicly-available online AI tools such as ChatGPT to help with their financial decisions, despite clear warnings about risks. But how

Microsoft’s spending on artificial intelligence infrastructure soared to a record of nearly $35 billion in the September quarter, deepening investor concerns about the mounting costs

With more consumers abandoning physical cash and the US under President Donald Trump throwing its weight behind cryptocurrencies, monetary authorities are under pressure to evolve.

OpenAI has completed a long-awaited restructuring, handing its largest shareholder Microsoft a $135bn stake and propelling the software giant to a $4tn market capitalisation. Microsoft