Chart of the Week: South Korea’s inverse correlation

Kospi down, won up

Traders are spoiling for a fight over the yen

After historic US-Japan intervention on the currency, the risk of market ructions is again rising

OpenAI upheaval mounts as Sam Altman readies IPO push

Executive exits and safety team changes unsettle staff as the ChatGPT maker prepares for a blockbuster listing

How Burnham can curb Britain’s tax-dodging shops

The prime minister is missing a simple trick in his campaign to revive high streets: enforcing the basic laws of doing business

What to do if a City headhunter calls

To get the best pay deal, financial services professionals in London need to know what they’re worth

Jane Street Suffers $15bn Hit After Meltdown at Situational Awareness

Secretive Wall Street trading firm wrongfooted by July AI rout

OpenAI's enterprise revenue has reportedly surpassed its consumer revenue.

Citing an unnamed source, CNBC reported that OpenAI CFO Sarah Friar said at a recent investor meeting that OpenAI “entered the year at 60-40, but enterprise has accelerated much faster than expected and those lines have now crossed … The majority of our revenue is now enterprise.”

Unhappy voters are suffering from ‘Baumol’s disease’

An analysis of classical music can explain why people feel they are paying more taxes for worse public services

How AT&T tied ‘brand love’ to customer growth: 60% higher sign-ups and 3x lower churn

When Kellyn Smith Kenny joined AT&T as CMO in November 2020, she joined a company whose identity was about to change dramatically.

Investors pile back into US stocks as bullishness returns to Wall Street

Stellar earnings season and falling inflation fuel rebound from July’s chip rout

Exclusive: Hyperscalers might regret embracing natural gas if new forecast proves correct

Natural gas prices could triple in some parts of the U.S., which could saddle hyperscalers with massive bills to power their AI data centers.

Jane Street has paid up large to avoid its numbers leaking out

Cheap financing < privacy