Musk names ex-Morgan Stanley banker as new xAI finance chief: FT

Musk names ex-Morgan Stanley banker as new xAI finance chief: FT

Elon Musk has appointed former Morgan Stanley banker Anthony Armstrong as the new chief financial officer of his artificial intelligence group xAI, the Financial Times reported on Monday. Andrew Harnik | Getty Images News | Getty Images Elon Musk has appointed former Morgan Stanley banker Anthony Armstrong as the new chief financial officer of his artificial intelligence group xAI, the Financial Times reported Monday. Armstrong will lead the finance operations for both xAI and social media platform…

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Asia markets track gains on Wall Street as investors look past government shutdown

Asia markets track gains on Wall Street as investors look past government shutdown

Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets mostly rose Friday, tracking Wall Street gains as investors shrugged off the U.S. government shutdown. Investors are waiting to see how long the shutdown will last to assess the gravity of its economic repercussions. Historically, government shutdowns in the U.S. have not been…

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A September no investor wanted to sleep on

A September no investor wanted to sleep on

A trader works on the floor of the New York Stock Exchange on Sept. 30th, 2025. NYSE The U.S. government will shut down on Oct. 1 stateside. Around 750,000 federal employees— including those in the Bureau of Labor Statistics — will be furloughed, according to the Congressional Budget Office. That means September’s jobs report will…

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