‘The most intense panics on Wall Street have tended to occur during the late summer and early autumn months,’ an advisor and author says.
Category: Finance News
China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China
Chinese artificial intelligence models may be at least half a year behind those made in the U.S., said Kai-Fu Lee, former head of Google China.
UK economy flatlines again in July, below expectations
U.K. economy remained flat in July, flash figures published from the Office for National Statistics showed Wednesday.
CEO of property firm Damac expresses concerns over ‘expensive’ Dubai
Increasing demand for property, especially in the luxury space, is boosting prices not just of homes but of everything else in Dubai.
Stocks making the biggest moves after hours: Petco, Dave & Buster’s, Morgan Stanley and more
See which stocks are posting big moves after the bell.
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index Thursday, both measuring August prices.
Stocks making the biggest moves midday: Ally Financial, Southwest Airlines, Oracle and more
These are the stocks posting the largest moves in midday trading.
JPMorgan Chase shares drop nearly 7% after bank tempers guidance on net interest income
JPMorgan Chase shares plummeted after the bank gave
Federal Reserve unveils toned-down banking regulations in victory for Wall Street
Bank CEOs led by JPMorgan Chase CEO Jamie Dimon have lambasted the proposed Basel Endgame regulation since it was unveiled last year.
Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table
The CEO of the biggest U.S. bank says he sees a raft of inflationary forces on the horizon, including higher deficits and increased infrastructure spending.