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Igor Babuschkin, co-founder of Elon Musk's xAI, said he is “not planning to purchase any property in the UK,” responding to a Bloomberg report that he had agreed to buy a penthouse overlooking London's Hyde Park for about £57 million ($77.6 million)....

Japanese voters head to the polls Sunday to deliver a verdict on Prime Minister Sanae Takaichi's government as she seeks to shore up her grip on power and gain a clear mandate for spending and investment plans that have unsettled some investors....

Jack Dorsey's Block Inc. has been notifying hundreds of employees that their jobs may be eliminated during annual performance reviews as the payments firm embarks on a broader business overhaul....

Investors and policymakers are gearing up for a busy week of US economic reports that includes arguably the two most consequential data snapshots — employment and inflation....

The biggest tech companies are gearing up to spend even more on artificial intelligence than investors had anticipated, and money managers increasingly fear that whatever happens, credit markets will get hit....

President Donald Trump backed the acquisition of Tegna Inc. by conservative broadcaster Nexstar Media Group, saying it would be good for competition....

Wells Fargo & Co.'s breakup with Bilt Technologies Inc. took another chaotic turn this week when the startup's customers who opted to close their accounts with the bank were surprised to receive credit cards anyway....

The price of gold has experienced significant volatility this year, rising past $5,500 an ounce before plummeting in a matter of days. Yet overall, gold prices remain elevated from recent years and that's led to soaring profits for Australia's miners. We travelled to Western Australia to see firsthand how those miners are putting their money to work, and also spoke with Robin Brooks of the Brookings Institution about why gold prices could go higher this year. (Source: Bloomberg)...

Horse racing was never really a glamorous business at Hawthorne Race Course. Built in 1891, it's a hardscrabble, little track tucked into an industrial zone just outside Chicago, a companion venue to the more chic Arlington Park on the city's north side....

Precious metals memed out, Bitcoin flamed out and the labor market looks like it's petering out. None of it started in the equities market, but together it was enough — along with a reckoning for software firms — to shake the foundation of an AI-driven bull run....

NatWest Group Plc is closing in on a takeover of wealth management group Evelyn Partners after beating out Barclays Plc in a hotly contested auction, according to people with knowledge of the matter....

Outgoing Atlanta Fed President Raphael Bostic tells Bloomberg's Michael McKee that it's 'paramount' for the Fed to get inflation back to its 2% target. In a wide-ranging interview, Bostic also discusses the argument of so-called 'mission creep' at the Fed, Kevin Warsh's nomination as Fed Chair, and the K-shaped economy. (Source: Bloomberg)...

Croatia's government is looking within the central bank to replace Governor Boris Vujcic, who'll head to Frankfurt in June as the euro area's No. 2 monetary policymaker....

Sweden's central bank picked the head of the government's fiscal watchdog, Goran Hjelm, to fill the vacant seat on its executive board as rate-setters weigh whether easing inflation requires a lowering of borrowing costs over the months ahead....

India has proposed opening up parts of its agriculture industry to cheaper imports from the US, a move that may lower food and feed costs but intensify pressure on some domestic farmers....

From an erroneous trading halt to speculation about “banging the close,” the US gas market is showing signs of strain...

The salespeople on the front line of a private-markets push to win over the world's wealthy are quite adept at fielding questions on opacity, liquidity and valuation. Their list of tricky talking points just got a new addition — the so-called SaaSpocalypse....

South Korean crypto exchange Bithumb, which mistakenly distributed more than $40 billion worth of Bitcoin on Friday, said it will reimburse customers who made losses when they sold their holdings in a panic during a brief but sharp selloff on its platform....

While protectionism spreads elsewhere, one region of the planet is open for business....

Automotive Cells Co. has scrapped plans to build battery gigafactories in Germany and Italy, ending projects in Kaiserslautern and Termoli that were put on hold last year, as European automakers retreat from electric-vehicle investments....