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The AI jobs threat is biggest for banking, says Citi
NEWS INDUSTRY NEWS JUN 20, 2024
The AI jobs threat is biggest for banking, says Citi

Some two-thirds of jobs across the sector could be automated or augmented by the technology.

Treasuries close to breaking even
NEWS INDUSTRY NEWS JUN 20, 2024
Treasuries close to breaking even

Volatility in the $27T market has eased significantly.

Oil set for boost from July 4 travel surge
NEWS INDUSTRY NEWS JUN 20, 2024
Oil set for boost from July 4 travel surge

71 million Americans are expected to travel during holiday period.

How a Long Island hedge fund trader built a $285M burrito fortune
NEWS INDUSTRY NEWS JUN 20, 2024
How a Long Island hedge fund trader built a $285M burrito fortune

A move down under and disappointing Mexican food led to success.

Nvidia topples Microsoft to become the world's most valuable company
NEWS INDUSTRY NEWS JUN 18, 2024
Nvidia topples Microsoft to become the world's most valuable company

The chip giant's shares have been on an unrelenting tear as AI fever continues to grip investors.

Bullish investors primed to drive stock rally, says BofA
NEWS INDUSTRY NEWS JUN 18, 2024
Bullish investors primed to drive stock rally, says BofA

US stocks and global equities will be the biggest beneficiaries as dollars rotate from cash, suggests survey.

More Americans have health insurance than pre-pandemic
NEWS INDUSTRY NEWS JUN 18, 2024
More Americans have health insurance than pre-pandemic

But 25 million remain uninsured according to new report.

Bitcoin at one-month low amid broad crypto sell-off
NEWS INDUSTRY NEWS JUN 18, 2024
Bitcoin at one-month low amid broad crypto sell-off

Stocks and bonds providing better returns weakens digital assets appeal.

Goldman sees slower growth, labor market with two Fed cuts
NEWS INDUSTRY NEWS JUN 18, 2024
Goldman sees slower growth, labor market with two Fed cuts

Any further slowing of demand will hit jobs not just openings.

Citi joins Goldman in lifting US stock outlook
NEWS INDUSTRY NEWS JUN 17, 2024
Citi joins Goldman in lifting US stock outlook

The global banking giant expects continued strength in big tech stocks to keep fueling the benchmark S&P 500.