Amazon plans to raise £4.25 billion ($5.76 billion) through its first-ever sterling bond sale, exceeding its initial target as strong investor demand supports the debt offering. The move comes as major technology companies seek to diversify funding sources to finance heavy investment in artificial intelligence. The four-part deal attracted more than £12 billion in demand,
Incoming Federal Reserve Chair Kevin Warsh has unsettled global central bankers by suggesting that the Fed’s independence may not fully extend to its international crisis-fighting duties. During his Senate confirmation hearing, Warsh proposed that outside of setting interest rates, the Fed should coordinate closely with the White House and Congress. This has sparked

