Like it or not, generative artificial intelligence has arrived on Wall Street — and experts […]
December 2023
Swiss regulator calls for more powers after Credit Suisse collapse
Switzerland’s financial regulator on Tuesday called for greater legal powers and vowed to adapts its […]
GPT and other AI models can’t analyze an SEC filing, researchers find
Large language models, similar to the one at the heart of ChatGPT, frequently fail to […]
Inflation gives millions new access to investments for the wealthy, says SEC
Inflation has given millions of people new access to certain investments earmarked for the wealthy — and […]
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao […]
UK inflation slide fuels rate cut bets and jolts markets
LONDON — U.K. inflation fell by more than expected to hit 3.9% in November, in […]
Tesla cut EV prices in China more than BYD did for its flagship Han sedan this year, study finds
BEIJING — Tesla cut prices for its electric cars in China by more than BYD did for its flagship […]
Annuity sales are on track for a record year. Here’s what to know before buying
Consumers pumped record money into annuities in 2023, on the back of higher interest rates and anxiety […]
Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
Cryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the […]
James Gorman talks Disney succession, proxy fight as he gears up to join board
Morgan Stanley CEO James Gorman said Thursday that he’s gearing up to join a succession planning […]