The Saudi Public Investment Fund, or PIF, has topped $925 billion, and has been on an investing spree as part of Crown Prince ...

The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile ...

UN proposes global AI governance body for risk management. Lionsgate partners with Runway for AI film training. Alibaba releases 100+ open-source AI models to strengthen position.

BlackRock and Microsoft have partnered to launch a $30 billion AI infrastructure fund to address the growing energy demands ...

Shares of Vistra Corp. (VST), another nuclear owner, are up almost 15% in afternoon action Friday. The stock is up for its 10th trading day in a row and has seen gains of 44% over that span. That ...

Blackrock has launched an AI fund that will initially seek $30 billion of capital and eventually plan to raise as much as $100 billion.

Ongoing efforts to consolidate and integrate tech at Envestnet continue; d1g1t adds billing and Vise new hire and new ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

"Free-riding cash is going to be going away," said Brendan McCarthy, global head of ETF distribution at Goldman Sachs Asset Management, in a phone interview. "Now that the Fed is easing, people are ...

Microsoft and BlackRock aim to launch a $30 billion fund for AI infrastructure with future plans for up to $100 billion in ...

BlackRock sees Bitcoin as a shield against risks and highlights its decentralization, scarcity, and low correlation with ...