Booms and busts are a recurring feature of modern economics, but when an asset's value becomes overinflated, a boom quickly becomes a bubble.

If the AI bubble bursts, the consequences for German businesses could be serious. Photo by SEBASTIEN BOZON / AFP. First Deutsche Bank and now Allianz have joined the growing chorus warning against a ...

The Texas Lottery announced on Oct. 13 that one lucky lottery winner has claimed the remainder of last month’s $1.8 billion Powerball prize, the second-largest Powerball prize ever awarded in the U.S.

The decision of Infosys Ltd’s promoters to opt out of its largest buyback of ₹18,000 crore points to an underlying concern, that of tax. Promoters of the country’s second-largest information ...

As China's decade-long property market boom cools, policymakers are steering the world's second-largest economy toward a more sustainable alternative — revitalizing aging cities. By positioning urban ...

Nvidia is the largest company in the world, with a market cap of $5.03 trillion. It's followed by Apple ($3.99 trillion), Microsoft ($3.84 trillion), Alphabet ($3.43 trillion), and Amazon ($2.71 ...

LONDON (Reuters) -Major investors, spooked by AI exuberance yet wary of betting against it, are shifting from hyped-up stocks into potential next-in-line winners, reviving a strategy from the 1990s ...

Canadian company PMET Resources (ASX:PMT, TSX:PMET, OTCQX:PMETF) has completed a lithium-only feasibility study on the CV5 deposit of its Shaakichiuwaanaan lithium project in Northern Quebec. The ...

A bill seeking to include Value Added Tax (VAT) in Nigeria’s exclusive legislative list has scaled second reading in the House of Representatives. The proposed legislation, co-sponsored by Deputy ...

This is read by an automated voice. Please report any issues or inconsistencies here. Police declared an unlawful assembly Saturday evening near the Metropolitan Detention Center in downtown Los ...