HSBC exec says there’s a lot of AI ‘success theater’ in finance
From CNBC: 2024-10-09 04:55:47 Big technology companies are focusing on smaller, more precise AI models for sectors like law, finance,
Category: Finance
China’s Golden Week holiday signals persistent consumer caution
From CNBC: 2024-10-09 01:17:24 Passengers check in at Chengdu Tianfu International Airport as China’s National Day holiday ends, reflecting cautious
Baidu’s robotaxi unit is exploring expansion into global markets in the ‘near future’
From CNBC: 2024-10-08 23:14:08 Baidu announced it can sell some robotaxi rides without human staff. The company’s Apollo Go unit
China state planner lays out further actions to boost economy but no new plans for major stimulus
From NBCUniversal: 2024-10-07 23:47:40 China’s National Development and Reform Commission chairman, Zheng Shanjie, outlined plans to support the country’s economy,
Crypto relationship scams pose ‘catastrophic harm,’ SEC says. How to avoid them
From CNBC: 2024-10-07 15:24:54 Federal officials warn investors of cryptocurrency scams tied to fake relationships on social media. Fraudsters pose
Banks and tech companies at odds over online fraud liability in UK
From CNBC: 2024-10-07 01:05:01 Meta is under fire in the U.K. as banks and payment firms demand compensation for scam
Fed rate cuts should favor preferred stocks, Virtus fund manager says
From CNBC: 2024-10-05 11:00:01 Financial firm Infrastructure Capital Advisors is focusing on preferred stocks, which are less risky than common
Digital bank Revolut slams Meta over approach to scams
From CNBC: 2024-10-03 08:46:30 Revolut CEO criticizes Meta over fraud handling, urging compensation for victims of scams on social media
European tech brain drain ‘number one risk’ ahead of IPO
From CNBC: 2024-10-03 06:00:01 Sebastian Siemiatkowski, CEO of Klarna, warns of a brain drain in European tech talent as the
China stock ETFs surge even as mainland markets close for holiday
From CNBC: 2024-10-02 10:38:37 Chinese equities surged as mainland markets remained closed until Oct. 8. Stimulus measures introduced by Beijing,
With Hurricane Helene disrupting travel, here’s what fliers need to know
From CNBC: 2024-10-01 14:32:45 Men in Asheville, North Carolina, inspect damage post-Hurricane Helene. Consumers changing air travel plans may face
Mastercard to buy subscription management startup Minna Technologies
From CNBC: 2024-10-01 09:00:21 Mastercard has agreed to acquire Minna Technologies, a software firm that helps consumers manage subscriptions. The
Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him
From NBC Universal: 2024-10-01 08:28:40 Charles Schwab CEO Walt Bettinger is retiring after 16 years at the brokerage firm at
Freetrade buys UK arm of Australian investing platform Stake
From CNBC: 2024-10-01 04:21:50 London-based Freetrade is buying the U.K. customer book of Australian investing app Stake, aiming to strengthen
Robinhood launches crypto transfers in Europe in push overseas
From CNBC: 2024-10-01 03:00:01 Retail investing platform Robinhood is expanding its crypto capabilities in Europe, allowing users to deposit and
China’s stock surge has echoes of the 2015 bubble. What’s different
From CNBC: 2024-10-01 01:05:05 Chinese stocks surged more than 8%, with trading volume hitting a record high of $368.78 billion.
Watch Fed Chair Jerome Powell speak live on economy, policy views
From NBCUniversal: 2024-09-30 13:46:57 Federal Reserve Chair Jerome Powell will deliver an economic assessment and policy views at the National
South Dakota opts out of Inflation Reduction Act energy rebates
From CNBC: 2024-09-30 11:10:25 Several states have launched rebate programs to incentivize consumers to make their homes more energy-efficient, offering
China stocks just had their best day in 16 years, sending related U.S. ETFs soaring
From CNBC: 2024-09-30 10:23:17 China stocks saw their best day in 16 years, with the Shanghai Composite up 8.06% and
How new deal could reshape ETF industry
From CNBC: 2024-09-28 11:00:02 Blockchain technology and tokenization may challenge the traditional ETF model. Janus Henderson partners with Anemoy Limited
JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
From CNBC: 2024-09-27 10:15:11 JPMorgan Chase under scrutiny by the Consumer Financial Protection Bureau for potential penalties related to Zelle,
China optimism is surging. Why some investors are cautious
From CNBC: 2024-09-27 02:06:56 China’s latest policy signals are impacting sentiment more than addressing key issues like the real estate
OpenAI’s CFO says funding round should close by next week in letter
From CNBC: 2024-09-26 23:28:45 OpenAI’s Sora AI tool enables AI-generated videos from text inputs. CFO Sarah Friar assures investors of
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
From CNBC: 2024-09-26 11:50:21 David Tepper of Appaloosa Management advises investors to trust the Federal Reserve’s promise of interest rate
Google backs Distance, startup bringing mixed reality to cars, planes
From CNBC: 2024-09-26 08:00:01 Distance Technologies, a Finnish startup, raises 10 million euros in funding from Alphabet’s GV and other