AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress.
Read moreUS interest rate cut in December rises to 74.5% probability: Fedwatch
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut
Read moreHow the US Fed thinks a Bitcoin ban could preserve deficit spending
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.
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Election Looms, But the Fed’s Rate Decision Could Steal the Spotlight
As America’s 2024 election approaches, the U.S. Federal Reserve’s Federal Open Market Committee will make a pivotal decision on the benchmark interest rate just two
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Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings.
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Stanley Druckenmiller’s ‘Big Short’ Move: Betting on Future Disaster
Duquesne Family Office’s Stanley Druckenmiller has revealed his latest move in the U.S. bond market. The billionaire investor who won millions in the past for
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