China's State Council aims to grow the country's sports industry to more than 7 trillion yuan (US$1.038 trillion) by 2030, as Chinese capital expands from manufacturing into team ownership, sports tec…
Savers Value Village, the national thrift store chain, announced it is using an AI platform called ThriftIQ to price items in 58 of its 375 stores, but denies it is for dynamic or surveillance pricing…
Loan investors are pushing back against borrower-friendly terms, widening credit spreads and delaying debt deals, which signals higher borrowing costs for private equity and AI firms. UBS models show …
BlackRock's research head Jean Boivin said private credit will play a larger role in financing AI infrastructure, as companies seek capital for massive expenditures. He dismissed comparisons to past b…