Payments giant Mastercard has built its own proprietary generative AI model to help its bank network detect and root out fraudulent transactions.
Category: Finance News
Stocks making the biggest moves after hours: Align Technology, Qualcomm, Wolfspeed and more
These are the stocks posting the largest moves in extended trading.
Jeffrey Gundlach says all the ‘Goldilocks’ talk makes him nervous, thinks recession is still likely
DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a “Goldilocks” scenario benefiting risk assets.
Fed holds rates steady, indicates it is not ready to start cutting
The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December.
Stocks making the biggest moves midday: Alphabet, Boeing, AMD, Microsoft, Paramount and more
These are the stocks posting the largest moves in midday trading.
You hear the market expects six Fed rate cuts this year — here’s where that data comes from
When you hear about the number of Federal Reserve interest rate cuts being priced into the market, the data comes from the CME FedWatch tool.
Stocks making the biggest moves premarket: Google, Advanced Micro Devices, Starbucks and more
These are the stocks posting the largest moves in premarket trading.
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports
Companies added 107,000 workers in the first month of 2024, off from the downwardly revised 158,000 in December.
Bank of England could be about to open the door to interest rate cuts
The Bank of England is expected to hold interest rates at 5.25% on Thursday, but markets will be closely watching voting patterns, projections and language.