Technology has long been central to the increasingly heated race for global military and economic supremacy between China and the U.S. But the rapid advancement of artificial intelligence adds another complicated layer to the two countries’ already fraught relationship. While China appears to lag behind the U.S. in AI technology—for now—experts…

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSHow we know that economic risk is high right now Introducing an objective way of measuring economic uncertainty and risk. Read More ‘Putting the Treasury…

© Reuters. By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said a drone sighting had briefly disrupted some flights at Pittsburgh International Airport on Monday. The FAA said in a statement it had earlier temporarily suspended some arrivals and departures as local enforcement attempts to locate the…

VIENNA (Reuters) – OPEC has denied media access to reporters from Reuters, Bloomberg and the Wall Street Journal to report on oil policy meetings in Vienna this weekend, reporters, Bloomberg and people familiar with the matter said on Friday. The three media organizations are among the world’s leading suppliers of…

HARARE (Reuters) – Zimbabwe’s treasury has announced measures to encourage the use of the local dollar as opposed to the U.S. dollar, in a bid to boost the local unit and tame rising consumer inflation. The measures include a directive that all government departments collect fees in the local currency,…

FRANKFURT (Reuters) – European Central Bank President Christine Lagarde on Monday acknowledged “signs of moderation” in core inflation in the euro zone but reaffirmed it was too early to call a peak in that key gauge of price growth. Lagarde’s comments were likely to cement market expectations for more interest…

Rising interest rates and a trio of regional bank failures have turbocharged the movement of cash into higher yielding alternatives–particularly money market mutual funds. Here’s how to bump up your own yield. The movement of funds out of traditional bank accounts started slowly at first in the spring of 2022,…

Innovative firms serving the back office needs of Wall Street and other large enterprises continue to prosper, with promising new startups in a crucial niche–fraud prevention–sprouting. W ith stock and bond markets gradually recovering from 2022’s brutal losses, most of the leading fintechs serving institutional investors and capital markets firms…

This week is options expiration week which has a mildly bullish flavor in the month of June. The following week is decidedly bearish. Friday, the 15th is likely a top. A two-week correction may follow, likely concentrated in the market leaders. Tesla is highly ranked in the Cycles Research cycles/relative…

As you begin to dread higher summer air-conditioning bills, keep in mind that home energy tax credits are blooming like cherry blossoms. Under the Inflation Reduction Act, there are a bushel basket of federal tax credits for making your home more energy efficient. Here’s a sampling of the major breaks,…