AI firm Synthesia hits $1 billion valuation in Nvidia-backed Series C

An animated avatar generated by the AI video platform Synthesia. Synthesia Synthesia, a digital media platform…

Inflation rose at a 4% annual rate in May, the lowest in 2 years

The inflation rate cooled in May to its lowest annual rate in more than two years,…

NHL’s Ottawa Senators reach deal with Michael Andlauer for record price

Ottawa Senators goaltender Alex Auld (35) stops Nashville Predators’ Patric Hornqvist, right, during second-period NHL hockey…

Well-being, not money, has become the leading measure of wealth

Many Americans feel wealthy — but don’t necessarily measure it in dollars and cents. Well-being, not…

HSBC builds innovation division from the bones of collapsed SVB UK

HSBC UK CEO tells CNBC how the bank bought Silicon Valley Bank’s UK unit. Nurphoto |…

Andreessen Horowitz to open office in London, could become crypto hub

Andreessen Horowitz partner Marc Andreessen. Justin Sullivan | Getty Images LONDON — Andreessen Horowitz is opening…

Many student loan borrowers getting new servicer when payments restart

Berk Ucak | Istock | Getty Images How do I know if I have a different…

The rich often overestimate their retirement readiness, report finds

Courtneyk | E+ | Getty Images Many Americans are mistaken about their financial preparedness for retirement.…

Goldman Sachs CEO Solomon warns of commercial real estate write-downs

CEO David Solomon, Goldman Sachs, during a Bloomberg Television at the Goldman Sachs Financial Services Conference…

Banks are talking up AI amid ChatGPT buzz but keeping its use limited

The GPT-4 logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. …