The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don’t count JPMorgan Chase CEO Jamie Dimon among them. The Wall Street titan told CNBC’s Leslie Picker on Monday that AI is not just a passing fad and is bigger than just the large language models such as … Read more
Joachim Nagel, president of Deutsche Bundesbank, during the central bank’s “Annual Report 2023” news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024. Bloomberg | Bloomberg | Getty Images Losses incurred by the German central bank rocketed into the tens of billions in 2023 due to higher interest rates, requiring it to draw on the … Read more
Celebrities play larger-than-life characters at work, but in their day-to-day lives they really are just like us. That means that they also have fears that they sometimes have to confront. You might be afraid of spiders, small spaces or maybe even flying. They’re pretty common fears. Some celebrities have admitted to suffering from them, too. … Read more
Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall Street-speak — it’s a bid to protect itself against a rising tide of fintech and regulatory threats. It’s a chess … Read more
Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty Images HSBC reported on Wednesday its full year 2023 pre-tax profit climbed about 78% to $30.3 billion from a year ago, missing median estimates of … Read more
LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images LONDON — Barclays on Tuesday reported a fourth-quarter net loss of … Read more
Anker 622 MagSafe Wireless Charger Features: Capacity: 5,000mAh | Charging port: USB-C or Lightning | Price: $40 This Anker battery pack offers 5,000mAh of battery capacity, features a USB-C and Lightning port, and has a compact design. With a single magnetic click, this battery pack can be stored in your pocket or propped up using its sturdy magnet as a stand. Additionally, … Read more
Sopa Images | Lightrocket | Getty Images Capital One Financial is set to acquire Discover Financial Services, according to a report from The Wall Street Journal. The deal could be announced Tuesday, the outlet said, citing sources. The merger of the two companies, who are among the largest credit card issuers in the U.S., would … Read more
A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm Chief Financial Officer Michael Linford. The fintech firm uses the hour a consumer attempts … Read more
Austin North is speaking out after being arrested in Las Vegas on Tuesday (February 13). The 27-year-old Outer Banks star was in town for the Super Bowl and ended up in the hospital on Tuesday. While there, according to police reports, he allegedly attacked several emergency room staff, causing the police to be called. He … Read more