Michael Bloomberg, the former mayor of New York, will help cover US financial obligations under the Paris Agreement as President Donald Trump prepares to leave the global climate agreement.

DeepSeek’s breakthrough in artificial intelligence is helping drive a rotation of stock funds back into China from India. Hedge funds have been piling into Chinese equities at the fastest pace ...

Wall Street has been guessing “will he or won’t he” on tariffs since President Donald Trump took office last month promising sweeping levies on geopolitical allies and rivals alike.

Lisa Jarvis is a Bloomberg Opinion columnist covering biotech, health care and the pharmaceutical industry. Previously, she was executive editor of Chemical & Engineering News. A dramatic cut to ...

Hassabis, who runs the AI unit of Alphabet Inc.’s Google, told Bloomberg Television that DeepSeek “seems to have only reported the cost of the final training round, which is a fraction of the ...

Meta Platforms Inc., after pushing into augmented reality and artificial intelligence, has identified its next big bet: AI-powered humanoid robots. The company is making a significant investment i ...

Taiwan Semiconductor Manufacturing Co. is considering taking a controlling stake in Intel Corp.’s factories at the request of Trump administration officials, a person familiar with the matter ...

US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a spending spree in the closing months of 2024. The value of retail purchases ...

Businessman and former New York Mayor Michael Bloomberg said this week his philanthropic foundation will contribute the U.S.’s financial obligations under the Paris Climate Agreement to the ...

About 75,000 federal employees signed up for a voluntary resignation program inspired by President Donald Trump’s billionaire efficiency czar — falling short of the numbers the White House ...

Britain is likely to face more frequent technical recessions after a slowdown in the economy’s speed limit made it vulnerable to growth shocks, according to Bloomberg Economics. The analysis ...

SharkNinja Inc., the maker of Ninja Creami ice cream machines and Shark FlexStyle hair tools, is planning to largely cut China out of its supply chain for the US market as tariffs increase costs.