Jamie Dimon Warns of Rising Geopolitical Risks: ‘Treacherous Times’
October 14, 2024: Jamie Dimon, the CEO of JPMorgan Chase, has issued a stark warning about the increasing geopolitical risks facing the global economy.
HSBC Exec Warns of AI ‘Success Theater’ in Finance Industry
October 10, 2024: A senior executive at HSBC has warned about the potential for excessive hype surrounding the adoption of artificial intelligence (AI)
Hard Rock Chair Hints at Possible FanDuel or DraftKings Deal in Florida
October 9, 2024: The chairman of Hard Rock International has hinted at the possibility of forming strategic partnerships with leading sports betting operators,
Goldman Sachs Raises S&P 500 Forecast to 6,000 Amid Bullish Outlook
October 8, 2024: Goldman Sachs, a prominent investment bank, has significantly increased its year-end target for the S&P 500 index, projecting a potential rise to 6,000 points.
Amazon Pivots to Selling Cashierless Tech to Retailers After U.S. Pullback
October 7, 2024: Amazon, the e-commerce giant, has unveiled plans to license its cashier-less technology to other retailers despite the decision to remove these systems
Goldman-Backed Starling Bank Fined $38.5M for Lax Crime Controls
October 3, 2024: Starling Bank, a prominent digital bank backed by Goldman Sachs, has been fined £29 million ($38.5 million) by the Financial Conduct Authority (FCA)
Charles Schwab CEO Walt Bettinger to Retire, Rick Wurster Named Successor
October 2, 2024: Charles Schwab, the iconic investment firm, has announced that its long-serving CEO, Walt Bettinger, will retire at the end of 2024. Bettinger,
China Stocks Surge to 16-Year High, Boosting U.S. ETFs
October 1, 2024: Chinese stocks experienced their most significant rally in sixteen years, leading to a surge in related U.S.-based exchange-traded funds (ETFs).
JPMorgan Chase Poised to Sue U.S. Government Over Zelle Scams
September 30, 2024: JPMorgan Chase, one of the largest banks in the United States, has indicated its readiness to pursue legal action against the U.S. government
U.S. Crude Rises 1%, Closes Above $71 on Fed Rate Cut Optimism
September 18, 2024: Crude oil prices experienced a significant uptick on Wednesday, closing above $71 per barrel. This increase was primarily driven by growing optimism
