Banks Ai Boost
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VentureBeat - Tech
Grounding LLMs in reality: How one company achieved 70% productivity boost with gen AI
Drip Capital overcame AI challenges like hallucinations, improved document processing efficiency and applied AI to risk assessment.5 hours ago -
BBC News - Top stories
Bank of England expected to hold interest rates at 5%
Economists are betting on rates being held in September with a cut to come in November instead.5 hours ago -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.9 hours ago -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.10 hours ago - Federal Reserve -
Financial Times - Business
UK regulator pushes banks to give savers better value even as rates fall
FCA warns it will take action against any lenders that flout rules to protect depositors13 hours ago - United Kingdom -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...14 hours ago - United Kingdom -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.16 hours ago -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.18 hours ago -
The Hill - Politics
GOP: New threat to Trump will boost his campaign
Republican lawmakers think the second assassination attempt against former President Trump could give his struggling campaign a needed boost by energizing GPO voters and putting Democrats on the ...18 hours ago - Donald Trump -
The Wall Street Journal - Tech
Craigslist Founder Pledges $100 Million to Boost U.S. Cybersecurity
Donation brings Craig Newmark’s charitable commitments to around $400 million.19 hours ago -
BBC News - Top stories
New bank hubs to open but many don't have printers to provide statements
New rules on branch closures take effect but questions remain over the facilities in shared hubs.20 hours ago -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...22 hours ago - United Kingdom -
Financial Times - World
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacementYesterday -
Financial Times - Business
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacementYesterday -
The Hill - Politics
Republicans question proposal to boost Secret Service funding
Some Republicans are questioning whether a boost in spending for the Secret Service as part of the upcoming government funding bill would help protect former President Trump in the immediate term. ...Yesterday - Republican Party -
CNBC - Business
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
While the talks are early and could falter, the move could mean that the country's largest credit card issuer may grow even larger.Yesterday - Apple -
NBC News - Top stories
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.Yesterday - Apple -
The Guardian - World
Pint of no return? Two-thirds measure could boost English health – study
Scientists reach conclusion after trial in which pints were scrapped in a dozen pubs, bars and restaurants. Fancy a quick two-thirds? It may lack the appeal of the more familiar after work social, ...Yesterday -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.Yesterday -
Inc. - Business
New Trump Crypto Venture Gets Boost From GOP Candidate Himself
Donald Trump announced the creation of a new family cryptocurrency business that--for now--is getting more attention for potential conflicts of interest than the startup's operating details.Yesterday - Donald Trump -
ABC News - World
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding
Soldiers have dropped sandbags from military helicopters to reinforce river embankments and evacuated residents as the worst flooding in years spreads across Central EuropeYesterday -
The Hill - Politics
Corporate greed doesn’t need a boost from ‘anti-ESG’ politicians
Republicans are attempting to demonize environmental, social and governance practices in investing.Yesterday -
The New York Times - Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.Yesterday -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social careYesterday -
MarketWatch - Business
A possible Fed interest-rate cut boosts home builders confidence
Builder sentiment rose as mortgage rates fell, the National Association of Home Builders said.Yesterday - Federal Reserve -
BBC News - Top stories
Instagram teen accounts and posts to be made private by default
Meta says parents will be able to "guide" a safer experience - critics say the firm itself should do more.Yesterday -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says DeutscheYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.Yesterday -
BBC News - Top stories
Right to WFH boosts productivity, Labour says
Firms should "judge people on outcomes, not presenteeism", Jonathan Reynolds insists.Yesterday -
Financial Times - World
Rachel Reeves must show that she’s serious about boosting growth
The UK chancellor should take some hard decisions on employment, productivity and investment2 days ago -
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CNBC - Business
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.2 days ago -
The Wall Street Journal - Business
Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.2 days ago - Microsoft