Bessent tapping Treasury’s rainy-day fund for buybacks isn’t a ‘bazooka’ to get markets to move his way
Bessent’s move “does not change anything. It just reduces the cash that Treasury has on deposit,” one analyst says.
corporate-finance
Xerocon 2026: JAX AI improvements focused on automating “unbillable” admin work
Small business accounting platform Xero announced a wide variety of new and upcoming AI enhancements centered around its proprietary agentic
Melio launches expense management, testing client admin AI
Payment solutions provider Melio, which small business accounting platform Xero bought last year (see previous story), will be expanding into
Is MP Materials Stock a Buy After Earnings?
MP Materials (MP -6.08%) was America’s favorite rare earth mining stock last year — or, at least, one of the
Highest-Ever Ocean Temperature Measured as Super El Niño Forms
Scientists have recorded the highest temperature ever measured in the world’s oceans, as climate change combines with a powerful El
Goldman Sachs AI: Partner warns ‘huge danger’ of replacing reasoning skills
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE)
Despite Risk, Speeding Becoming Normalized AAA Study Finds
A new study suggests that some drivers feel speeding is okay despite the risks, according to the AAA Foundation for
Vista weighs up to $3bn sale of private markets software provider Allvue
Vista Equity Partners is exploring a potential sale of Allvue Systems, a private markets software and data provider that could
FDA Clears New Alzheimer’s Blood Test
Topline The Food and Drug Administration has cleared a new blood test from Roche and Eli Lilly designed to help
An AI-generated P&L is only as good as the corporate data beneath it
Generative artificial intelligence is changing how finance teams interact with corporate data. Instead of navigating reports, exporting spreadsheets, or waiting