Fintech & Payments
Ex-PayPal CEO Harris unveils AI-powered personal finance app
Former PayPal and Intuit CEO Bill Harris has unveiled his latest venture, a personalised AI-powered financial advice app called Evergreen.ai.
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- Stocks
Anthropic and OpenAI need truly independent safety evaluators, experts say in public letter
A coalition of over 100 AI experts are urging independence and transparency from Anthropic, OpenAI and other foundation model labs to conduct evaluations.
- Stocks
ETFs Are Getting Wackier. Investors Must Stay Sane.
Funds that track election results and hockey stats are in the works, but you don’t have to chase them.
- Stocks
10 of the Best Financial Advisor Companies: Well-Known Fiduciary Investment Firms to Consider
We analyzed everything from advisor credentials to fees to portfolio options at some of the larger and more well-known registered investment advisor firms to help you select a firm that could best connect you with a fiduciary financial advisor.
- Stocks
BOJ Hikes Rate at Fastest Pace in More Than Three Decades
The Bank of Japan raised its benchmark interest rate to 1.25% on Friday as it grapples with rising inflation and pressure from Washington. The move marks Japan’s fastest pace of rate hikes in more than three decades. Aya Wagatsuma explains. (Source: Bloomberg)
- Personal Finance
AI stock swings could affect your 401(k). Here’s what retirement savers need to know
Retirement savers may be affected by swings in the artificial intelligence trade. Here is how to assess the risk without making a rash move.
- Stocks
Turkish Fund’s Goldman Dreams Collapse in ‘Ponzi-Like Scheme’
The “Goldman Sachs of Turkey” is how they described their ambitions at the investment bank and brokerage Tera Group.
- Stocks
Trump’s $1.4 Billion Haul Comes Back to Haunt Crypto Industry
The crypto industry watched with a grim foreboding as its landmark bill detonated on the Senate floor Tuesday. Blame first fell on Democrats, none of whom voted to advance it. But some of the industry’s own supporters pointed elsewhere: at President Donald Trump and the roughly $1.4 billion…
- Companies
Who Is Howie Buffett, Berkshire Hathaway’s New Chairman?
Warren Buffett’s son doesn’t have the standard resume of a massive conglomerate’s chairman.
- Currencies
Why APIs Are Becoming Critical Infrastructure for Forex Brokers
Author: A finextra community member…
- Personal Finance
Why mortgage bonds are set to deteriorate, and possibly hit the whole market, according to this Wall Street expert
A flattening Treasury yield curve is part of the problem for mortgage-backed securities, says Harley Bassman.
- Stocks
FCA cracks down on illegal crypto trading in London
The Financial Conduct Authority (FCA) has taken action to shut down an illegal peer-to-peer crypto trading operation in three suspected premises across London.
- Stocks
Turkey moves to liquidate funds at centre of ‘Ponzi-like scheme’
Big local banks to sell assets in funds held by 300,000 investors amid fears of inflated valuations…
- Stocks
Turkey’s Wealth Fund Bought Blue-Chip Stocks to Stem Market Rout
Turkey’s sovereign wealth fund bought stocks on Thursday to prop up the nation’s equity market, according to people with knowledge of the matter, the latest move to contain fallout from a crash in the country’s fund management industry.
- Stocks
Joby Says it Completed First Fully Autonomous Flight Across the U.S.
Joby Aviation said an aircraft equipped with its technology has completed the first fully autonomous flight across the U.S.
- Stocks
Lilly’s Newest Bull Says Near 300% Rally Is Only the Beginning
Eli Lilly & Co. has surged about 300% since its first GLP-1 was approved over four years ago, propelling it past $1 trillion in market value and making it the world’s most valuable pharmaceutical company.
- Stocks
Dutch Aim to Allay Belgian Concern Over Frozen Russian Assets
Dutch Finance Minister Eelco Heinen is working to allay Belgium’s concerns about using Russian assets frozen in the European Union to support Ukraine.
- Rates & Bonds
Stock Futures Edge Higher, Treasury Yields Tick Up
U.S. stock futures mostly edged higher as oil prices fell, though Treasury yields largely rose as investors brace for more rate hikes to come.
- Commodities
Oil Prices Could Remain in Triple Digits Well Into 2027
Oil prices fell, and Capital Economics said prices prices could remain above $100 a barrel well into next year if the Middle East conflict drags on for longer and flows don’t recover by the end of 2026.
- Currencies
mBank Quits Forex, Leaving Two Bank-Owned Brokers in Poland's Growing CFD Market
mBank's brokerage arm will stop letting clients open new forex and CFD positions on October 1. That leaves Dom Maklerski BOŚ and Alior Bank's brokerage unit as the last traditional Polish houses offering the product, Polish daily Parkiet reported. The exit comes as the market grows. The…
- Stocks
Sadio Mané Bets $20 Million of Own Money on Senegalese Mangoes
Senegalese football star Sadio Mané is betting millions of dollars of his own money that the West African nation’s mangoes can become a crop that spurs economic development in the country of his birth.