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Financial News Around the World

Fed banking regulator warns A.I. could lead to illegal lending practices like excluding minorities

Michael S. Barr said AI technology has potential, but also can be used for nefarious means.

Published 18 July 2023
Categorised as Finance News

Twitter laid off most of its workers in Africa last year. They say they’ve been ignored and left without severance

Former Twitter employees in Ghana have been left without severance and have not heard from the company for three months, sources told CNBC.

Published 18 July 2023
Categorised as Finance News

Is Biden’s $39 billion student loan forgiveness action legal? ‘Be assured it’s going to stay,’ says expert

The White House announced $39 billion of debt forgiveness for student loan borrowers Friday. The move would likely withstand legal scrutiny, said experts.

Published 18 July 2023
Categorised as Finance News

Morgan Stanley beats estimates on record wealth management revenue

Under CEO James Gorman, Morgan Stanley’s reliance on wealth management has helped its steady earnings and boosted its valuation relative to peers.

Published 18 July 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Bank of America, Pinterest, Masimo & more

These are the stocks posting the largest moves premarket.

Published 18 July 2023
Categorised as Finance News

Bank of America tops analysts’ expectations amid higher interest rates

While analysts expected Bank of America to be one of the top beneficiaries of rising interest rates, it hasn’t played out that way.

Published 18 July 2023
Categorised as Finance News

Henry Kissinger meets with China’s defense minister in Beijing

Henry Kissinger, a former U.S. secretary of State, met with China’s defense minister, Li Shangfu, in Beijing on Tuesday, the ministry said in a statement.

Published 18 July 2023
Categorised as Finance News

Goldman Sachs cuts odds of a U.S. recession in the next year

The investment bank, however, expects some deceleration in subsequent quarters as a result of sequentially slower real disposable personal income growth.

Published 18 July 2023
Categorised as Finance News

Can ChatGPT find ‘hidden gems’ in Europe? Yes, if you use these prompts

ChatGPT can find off-the-beaten track gems in Europe if you ask the right questions, says the London-based travel writer Lisa Lucas.

Published 18 July 2023
Categorised as Finance News

After an 80% rally for bitcoin, market experts predict where it’s going next in 2023

After a more-than 80% jump in bitcoin’s price this year so far, crypto experts tell CNBC Pro how they expect it to perform in the latter half of the year.

Published 18 July 2023
Categorised as Finance News

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