US Inflation Traders Dust Off Obscure Alternative to CPI Data
Traders in a $7 trillion market are grappling with the unprecedented scenario of having to price securities tied…
Sequoia Capital Invests in AI Tool That Could Replace Junior Bankers
Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies…
Gold Trader Hiring Spree Drives Up Pay as Bullion Booms
Trading houses, hedge funds and banks are on a hiring spree for specialist gold traders as interest in…
AI spending is boosting the economy, many businesses in survival mode
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial…
JPMorgan Chase seeks relief from massive legal bill for convicted fraudsters
NEW YORK (AP) — For nearly three years, JPMorgan Chase has picking up the legal tab of Charlie…
Record $38 Billion Debt Sale Nears for Oracle-Tied Data Centers
Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund…
Here’s which sectors are showing bifurcation
Jasondoiy | E+ | Getty Images Amid recession fears, a government shutdown and tariff uncertainty, consumers are increasingly…
Diwali sans sparkles for tariff-hit Indian exporters
People watch a light show on the banks of the Sarayu River on the eve of Diwali, the…
A resilient consumer isn’t an all-clear for investing in retailers and restaurants
Bank leaders seem to have reached a consensus: Despite a minefield of uncertainties this year, the U.S. consumer…
Netflix Says Brazil Tax Fight Squeezed Earnings (NFLX)
Netflix Inc. shares fell the most since April 2022 after a tax dispute with Brazil cut into third-quarter…
JPMorgan Chase unveils new 60-story headquarters, reshaping New York City’s skyline
NEW YORK (AP) — JPMorgan Chase unveiled its new 60-story headquarters to the public on Monday, one of…
OpenAI Looks to Replace the Drudgery of Junior Bankers’ Workload
OpenAI has more than 100 ex-investment bankers helping train its artificial intelligence on how to build financial models…