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Clothing brands failing to eradicate forced labor risk in supply chains, research finds

Many of the world’s major fashion brands are failing to combat forced labor in their supply chains, according to a new report.

Published 1 February 2024
Categorised as Finance News

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard has built its own proprietary generative AI model to help its bank network detect and root out fraudulent transactions.

Published 1 February 2024
Categorised as 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.

Published 31 January 2024
Categorised as Finance News

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.

Published 31 January 2024
Categorised as Finance News

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.

Published 31 January 2024
Categorised as Finance News

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.

Published 31 January 2024
Categorised as Finance News

Stocks making the biggest moves midday: Alphabet, Boeing, AMD, Microsoft, Paramount and more

These are the stocks posting the largest moves in midday trading.

Published 31 January 2024
Categorised as Finance News

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.

Published 31 January 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Google, Advanced Micro Devices, Starbucks and more

These are the stocks posting the largest moves in premarket trading.

Published 31 January 2024
Categorised as Finance News

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.

Published 31 January 2024
Categorised as Finance News

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