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  • Rules for winding up big banks do not work, Swiss finance minister warns
    Finance News

    Rules for winding up big banks do not work, Swiss finance minister warns

    March 26, 2023 /

    The worldwide regulatory regime for “too massive to fail” banks set up following the 2008 crisis does not do the job, according to Switzerland’s finance minister. In an job interview with Swiss newspaper NZZ on Saturday, Karin Keller-Sutter — who was at the centre of Swiss authorities’ rush to rescue Credit score Suisse final weekend — stated adhering to the unexpected emergency protocols that are at the centre of the regulatory architecture for massive banking companies “would have induced an intercontinental economical crisis”. Capital buffers and additional regulatory regulations on possibility have been practical for navigating moments of tension, Keller-Sutter reported, but in a serious crisis, ideas to facilitate the…

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    Congress misses yet another deadline to rein in lawmakers’ lucrative stock trades

    Congress misses yet another deadline to rein in lawmakers’ lucrative stock trades

    October 2, 2022
    Stocks rise as Wall Street rebounds from worst week of 2023

    Stocks rise as Wall Street rebounds from worst week of 2023

    February 28, 2023
    What if ChatGPT was trained on decades of financial news and data? BloombergGPT aims to be a domain-specific AI for business news

    What if ChatGPT was trained on decades of financial news and data? BloombergGPT aims to be a domain-specific AI for business news

    April 6, 2023
  • The Federal Reserve now believes its work is nearly done: Morning Brief
    Finance News

    The Federal Reserve now believes its work is nearly done: Morning Brief

    March 25, 2023 /

    This posting 1st appeared in the Morning Short. Get the Morning Temporary despatched specifically to your inbox every single Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 23, 2023 Modern e-newsletter is by Myles Udland, Head of News at Yahoo Finance. Stick to him on Twitter @MylesUdland and on LinkedIn. Read through this and far more sector information on the go with the Yahoo Finance App. An eventful working day for the Federal Reserve remaining investors with a distinct information — our do the job is just about finished. Along with the central bank’s announcement it experienced lifted the focus on selection for its benchmark fascination price by…

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    Francis McGee Comments Off on The Federal Reserve now believes its work is nearly done: Morning Brief

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    Mortgage rates drop by largest amount in 41 years

    Mortgage rates drop by largest amount in 41 years

    November 21, 2022
    How homeowners can make sense of the climate finance

    How homeowners can make sense of the climate finance

    December 20, 2022
    Stock market is basically going nowhere for the rest of the year: Goldman Sachs

    Stock market is basically going nowhere for the rest of the year: Goldman Sachs

    February 7, 2023
  • Ron DeSantis Is Doubling Down On His Education Crusade. Will It Work With GOP Voters In 2024?
    Education News

    Ron DeSantis Is Doubling Down On His Education Crusade. Will It Work With GOP Voters In 2024?

    March 17, 2023 /

    Daniel A. Varela / Miami Herald / Tribune News Service via Getty Images Florida’s legislative session may have just gotten underway, but lawmakers there already have plenty to do. That’s, in part, because Republicans there have presented a flurry of bills that would transform K-12 and higher education in the state — from forcing state colleges and universities to shut down any diversity, equity and inclusion programs and eliminating college majors and minors in “critical race theory, gender studies, or intersectionality,” to boosting oversight of school libraries.  The lawmaking session will be guided by Gov. Ron DeSantis’s priorities — but as he teases a run at the national level, DeSantis…

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    The 2023 Higher Education Power 100

    The 2023 Higher Education Power 100

    February 28, 2023
    DeSantis unveils education agenda aimed at teachers

    DeSantis unveils education agenda aimed at teachers

    January 25, 2023
    Utah governor signs major education funding bill, becoming third state to enshrine school choice into law

    Utah governor signs major education funding bill, becoming third state to enshrine school choice into law

    February 2, 2023
  • UK finance minister and Bank of England work to contain SVB fallout
    Finance News

    UK finance minister and Bank of England work to contain SVB fallout

    March 13, 2023 /

    LONDON, March 11 (Reuters) – Britain’s finance ministry and the Financial institution of England are working to limit the disruption that could come up from a collapse of the United kingdom arm of Silicon Valley Financial institution (SIVB.O), which has been seized by U.S. regulators, the ministry said on Saturday. Talks had been scheduled for Saturday to discuss the difficulties faced by British tech firms afflicted by the collapse, the ministry claimed in a assertion. The Financial institution of England on Friday stated it was searching for a court docket purchase to spot SVB Uk into an insolvency process. “The government recognises that tech sector organizations are usually not cashflow-beneficial…

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    Francis McGee Comments Off on UK finance minister and Bank of England work to contain SVB fallout

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    Robinhood Ventures Into Finance News Coverage

    Robinhood Ventures Into Finance News Coverage

    January 18, 2023
    Apple stock ‘could be the canary in the coal mine’ for China reopening: Strategist

    Apple stock ‘could be the canary in the coal mine’ for China reopening: Strategist

    November 25, 2022
    Raoul Pal says AI could become the ‘biggest bubble of all time’: Morning Brief

    Raoul Pal says AI could become the ‘biggest bubble of all time’: Morning Brief

    February 19, 2023
  • FTC Launches New Office of Technology to Bolster Agency’s Work
    Technology News

    FTC Launches New Office of Technology to Bolster Agency’s Work

    February 18, 2023 /

    The Federal Trade Fee these days released a new Office environment of Technologies that will bolster the FTC’s ability to hold pace with technological issues in the electronic market by supporting the agency’s regulation enforcement and plan work.  “For extra than a century, the FTC has labored to maintain pace with new marketplaces and ever-switching systems by making interior experience,” reported Chair Lina M. Khan. “Our place of work of know-how is a organic upcoming move in ensuring we have the in-household abilities necessary to totally grasp evolving systems and industry tendencies as we continue on to tackle unlawful organization procedures and secure People.”  The Office of Technology will have committed personnel…

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    Technology Helping to Make Registries, Databases More Efficient

    Technology Helping to Make Registries, Databases More Efficient

    December 27, 2022
    Looking beyond “technology for technology’s sake” | MIT News

    Looking beyond “technology for technology’s sake” | MIT News

    November 30, 2022
    BuzzFeed to use OpenAI technology to create content

    BuzzFeed to use OpenAI technology to create content

    January 27, 2023
  • Fed officials emphasize inflation remains too high and the Fed has more work to do
    Finance News

    Fed officials emphasize inflation remains too high and the Fed has more work to do

    January 8, 2023 /

    Users of the Federal Reserve speaking all-around the nation Friday claimed that though there are symptoms inflation is starting off to gradual, they continue to believe that inflation is also higher and much more perform requirements to be finished to carry down price tag will increase. “Inflation remains significantly also higher, despite some encouraging indicators these days, and is therefore of wonderful concern,” Federal Reserve Governor Lisa Cook claimed in a speech Friday in New Orleans. Richmond Fed President Thomas Barkin made comparable opinions, noting that though inflation is very likely past its peak, there’s continue to operate to do. “We even now have operate to do. Inflation is much…

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    China stocks tell 2 different stories about the economy

    China stocks tell 2 different stories about the economy

    December 28, 2022
    How Donald Trump got his Deutsche Bank loans

    How Donald Trump got his Deutsche Bank loans

    September 28, 2022
    U.S. economy adds 236,000 jobs in March, unemployment rate falls to 3.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}

    U.S. economy adds 236,000 jobs in March, unemployment rate falls to 3.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}

    April 8, 2023
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