Cooling Labor Market and Elevated Inflation Stoke Fed Divisions

Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a ...

Illinois quick hits: Chicago Fed president explains vote; Treasurer encourages Bright Start gifts

Illinois State Treasurer Michael Frerichs is encouraging holiday gifts of education. Frerichs says investments to young ...

Fed's Goolsbee explains vote against rate cut, says central bank should have waited

Goolsbee was one of three Federal Open Market Committee members to vote against the quarter percentage point reduction, the ...

Stocks to buy for 2026 as the AI trade comes under pressure

The hefty bill for financing the generative AI-hardware build-out may well be worth it for hyperscalers over the next several years, but it could put pressure on the stocks in 2026, according to ...
Coingape

Fed’s Goolsbee “Optimistic” About More Rate Cuts Next Year Despite FOMC Dissent

Chicago Fed President Austan Goolsbee has indicated that he is open to more Fed rate cuts next year despite dissenting at ...

5 Best Practices For Fintechs Leveraging Existing Banking Infrastructure

For fintech founders, the question is how to maintain speed, compliance and customer experience while still operating on the ...
Financial IT

BBVA And OpenAI Collaborate to Transform Global Banking

BBVA and OpenAI are expanding their collaboration with a multi-year strategic AI transformation program that will see ChatGPT Enterprise rolled out to all 120,000 global employees—a 10x increase on ...