July 29, 2024
“…The bank raised the rate by 200 basis points to 18.00%, noting that inflation has accelerated and is developing “significantly above” its forecast. It noted that inflationary risks have been driven by high inflation expectations and changing trade terms as… Continue Reading…
July 26, 2024
“… …” https://www.cnbc.com/2024/07/12/citigroup-c-earnings-q2-2024.html
July 26, 2024
“… …” https://www.cnbc.com/2024/07/12/jpmorgan-chase-jpm-earnings-q2-2024.html
May 28, 2024
“…The Bank of Italy warned on Wednesday against fraudulent video messages circulating online, in which artificial intelligence (AI) technology is used to reproduce fake messages from financial authorities and other institutions. “Such content, known as deepfakes, is also generated using… Continue Reading…
May 13, 2024
“The death of a Bank of America associate last week has ignited a firestorm on Wall Street as some bankers slam the toxic work culture they feel contributed to his death — including reported complaints over 100-hour work weeks. Leo… Continue Reading…
May 6, 2024
“…What’s interesting about the M2 money supply garnering attention is that it’s a metric most economists tend to ignore. It’s been steadily rising for so many decades that it’s almost taken for granted that the money supply will expand as… Continue Reading…
April 23, 2024
“You can’t spell Internal Revenue Service without AI, and its commissioner, Danny Werfel, offered a vision this week for how the tax collecting agency intends to use artificial intelligence in the not-too-distant future. Werfel, in remarks made April 17 at UiPath… Continue Reading…
March 29, 2024
“The world’s largest, most-important financial market is growing by leaps and bounds. On Wall Street, that is making people nervous. Annual issuance of U.S. Treasurys has exploded, nearly doubling since the pandemic began. The government sold a record $23 trillion worth in… Continue Reading…
March 28, 2024
“Turkey’s central bank on Thursday raised its key interest rate, the one-week repurchase rate, from 45% to 50%, citing the continuing need to counter climbing inflation in the country… Turkish annual consumer price inflation soared to 67% in February, fueling concerns that… Continue Reading…
March 19, 2024
“…JPMorgan Chase & Co has been fined $348.2 million by a pair of U.S. bank regulators over its inadequate program to monitor firm and client trading activities for market misconduct, the Federal Reserve announced on Thursday… In a separate announcement, the… Continue Reading…
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