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Financial News Around the World

Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst

Major banks and fintech companies claim to be piling into generative artificial intelligence, but there are lingering fears about potential pitfalls and risks.

Published 12 June 2023
Categorised as Finance News

Tesla rises for a record 12th straight day. Here’s how to play the stock

Pros on CNBC discussed what they think about Tesla as the stock hits a record 12th-straight day of gains.

Published 12 June 2023
Categorised as Finance News

Inflation report Tuesday will be critical for the direction of Fed policy

The consumer price index is expected to show that all-items inflation increased just 0.1% last month, equating to a 4% annual rate.

Published 12 June 2023
Categorised as Finance News

Stocks making the biggest moves midday: Carnival, Nasdaq, Oracle, KeyCorp and more

These are the stocks posting the largest moves midday.

Published 12 June 2023
Categorised as Finance News

The rich often misjudge the potency of their retirement savings, report finds

Relative to other income groups, high earners tend to think they’re on track for retirement when they’re actually not, a new study found.

Published 12 June 2023
Categorised as Finance News

Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub

Andreessen Horowitz, a major U.S. technology investor, said it plans open its first international office in London.

Published 12 June 2023
Categorised as Finance News

Ray Dalio says Treasurys are risky, and stocks are a better bet here

Billionaire investor Ray Dalio thinks U.S. government bonds are becoming risky as the country descends deeper into its debt crisis.

Published 12 June 2023
Categorised as Finance News

Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate

The commercial real estate industry is in the throes of a painful adjustment to higher borrowing costs and lower occupancy rates.

Published 12 June 2023
Categorised as Finance News

Inflation outlook hits two-year low in latest New York Fed survey

The Survey of Consumer Expectations for May showed one-year inflation expectations down 0.3 percentage points to a 4.1% rate.

Published 12 June 2023
Categorised as Finance News

Green shoots for the IPO market? More companies are looking at going public

The Great IPO Drought has gone on for 18 months, but some are hopeful that may be ending.

Published 12 June 2023
Categorised as Finance News

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