China-based BRICS bank aims to de-dollarize debt by expanding local currency lending

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A worker arranges a signboard of the 15th BRICS summit outside the Sandton Convention Center in Johannesburg, South Africa, Aug. 17, 2023. The 15th BRICS summit is to be held in Johannesburg, South Africa, on Aug. 22-24.
A worker arranges a signboard of the 15th BRICS summit outside the Sandton Convention Center in Johannesburg, South Africa, Aug. 17, 2023. The 15th BRICS summit is to be held in Johannesburg, South Africa, on Aug.

The AI boom will power 2 big stock market trades over the next decade, Goldman Sachs says

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robot ai artificial intelligence chatgpt chart trading

PhonlamaiPhoto/Getty Images

Stocks may crumble under the weight of inflation, interest-rate hikes and economic woes, one strategist says

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traders
Traders.

Mario Tama/Getty Images

China's yuan faces a cocktail of bearish headwinds even as Beijing scrambles to prop up the currency

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JPMorgan strategists see reason to stay bearish on China's yuan.
JPMorgan strategists see reason to stay bearish on China's yuan.

China Photos / Stringer, Getty Images

Chip designer Arm looks to ride the AI boom with the biggest US IPO since 2021

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A semiconductor being manufactured
A semiconductor being manufactured

Getty

US stocks rise as tech sector leads rally amid high hopes for Nvidia earnings

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Nvidia president and CEO Jensen Huang holds a graphics card NVIDIA 4060Ti and a laptop at a keynote presentation at Computex, or the Taipei International Information Technology Show, on May 29, 2023.
Nvidia president and CEO Jensen Huang holds a graphics card NVIDIA 4060Ti and a laptop at a keynote presentation at Computex, or the Taipei International Information Technology Show, on May 29, 2023.

Walid Berrazeg/SOPA Images/LightRoc

BlackRock, State Street and Vanguard are 'arguably the most powerful cartel in human history', Republican candidate Vivek Ramaswamy says

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Vivek Ramaswamy, a 2024 GOP presidential candidate, speaking in Des Moines, Iowa on July 28, 2023.
Vivek Ramaswamy, a 2024 GOP presidential candidate, speaking in Des Moines, Iowa on July 28, 2023.

Scott Olson/Getty Images

Cathie Wood's flagship Ark fund is 'dead money' as it's actually down 18% from 5 years ago, markets guru Larry McDonald says

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Cathie Wood
Ark Invest CEO Cathie Wood.

Photo by Marco Bello/Getty Images

Here's why stocks have tanked in August and what Wall Street expects to happen next

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Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 16, 2017. REUTERS/Lucas Jackson
Traders work on the floor of the NYSE

Thomson Reuters

The AI-fueled hype around tech stocks has eclipsed the dot-com bubble - and a brutal sell-off may lie ahead, Bill Smead says

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Bill Smead
Bill Smead.

Smead Capital Management

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