Finance/Venture

AI Could Replace Wall Street Analysts! Who are Affected?

AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details.


US Treasury Warns Creditors Against Exploiting Aid to Developing Nations

The US Treasury Department has cautioned emerging official creditors against curtailing loans to nations already engaged in programs with the International Monetary Fund (IMF) or multilateral developm..

Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer

Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer...

China to Remain the World's Top Engine for Global Economic Growth, ADB Says

Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy...


Latest News

Operational Excellence with AI: RIGHTSENSE AI Simplifies Dynamic Business Metrics Management for Real Time Actionable Insights
RIGHTSENSE AI is dedicated to bringing the practical advantages of Generative AI, Large Language Models (LLMs), RAG and beyond, to businesses that constitute 43.5% of the US GDP, but that often lack t
Federal Reserve Needs to Be 'More Aggressive' With Rate Cuts Amid Weakening Jobs Market, Wall Street Analyst Says
The Federal Reserve is facing pressure to implement more aggressive rate cuts amid a weakening jobs market.
Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement
Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.
Donald Trump's Truth Social Stock Skyrockets on Its First Day of Trading on Nasdaq
Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.
KuCoin Crypto Exchange Hit With US Charges Over Money Laundering Allegations
KuCoin, a major crypto exchange, faces US charges for money laundering violations, allegedly moving billions in illicit funds, prompting regulatory crackdown amid market impact.
Krispy Kreme Doughnuts Will Be Available in McDonald's Soon
McDonald’s will sell Krispy Kreme Doughnuts nationwide through an exclusive partnership by the end of 2026.
Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.
UK Government Cuts NatWest Stake, No Longer Controlling Shareholder
UK government slashes NatWest stake to 29.8%, no longer controlling shareholder.
Redditors Became Instant Millionaires As Company's Stock Soars 48% During Stock Exchange Debut
Reddit Inc. made a remarkable debut on the NYSE, surging 48%. Tens of thousands of Reddit users participated in the IPO through a directed-share program, resulting in immediate profits for some while
Elon Musk's Tesla Loses $240 Billion After Decision to Cut Production in China
Tesla's stock plummeted after Elon Musk's decision to halt car production in China amid slower EV sales growth and increased competition. Analysts warn that overcoming the downfall will be challenging
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