  Author: Maryam Zafar, Features Writer January 26, 2023 Artificial intelligence is changing the dynamics of businesses and the banking system is no exception. From mobile banking to customised customer service, the role of AI technology is transformational. The hassle of standing for long hours to get banking services isContinue Reading
(Bloomberg) — Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com, a period of upheaval that could push Bitcoin down to $13,000, according to JPMorgan Chase & Co. strategists. Most Read from Bloomberg A “cascade of margin calls” is likely underway given theContinue Reading
(Bloomberg) — Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation. Most Read from Bloomberg The layoffs will be announced as early as this month, with theContinue Reading
(Bloomberg) — Investors expect this earnings season to pummel stocks further and will watch Apple Inc. in particular as a bellwether of global economic conditions. Most Read from Bloomberg More than 60% of the 724 respondents to the latest MLIV Pulse survey say this earnings season will push the S&PContinue Reading
Noel Hendrickson/Getty Images Even with signs that the housing market is cooling, homebuyers are still feeling the sting of elevated prices and higher interest rates. The average rate on a 30-year fixed-rate mortgage is 6.7% as of Friday, up from 3.3% at the start of 2022, according to Mortgage NewsContinue Reading
(Bloomberg) — Jerome Powell’s latest hawkish missive threatens to open up a new front in the ever-raging battle between tech stocks and Treasury yields — potentially hurting money managers who’ve just plunged back into US megacap companies in droves. Most Read from Bloomberg The Nasdaq 100 Index posted its biggestContinue Reading
(Bloomberg) — Losses loom for Asia’s stock market on Monday as investors absorb Federal Reserve Chair Jerome Powell’s stern message that interest rates are going higher for longer in a painful fight against inflation. Most Read from Bloomberg Futures shed almost 2% for Japan and 1.5% for Australia after aContinue Reading
(Bloomberg) — Investors should stay wary of US stocks and bonds as inflation remains a threat and recession looms, according to Rebecca Patterson, chief investment strategist at Bridgewater Associates. Most Read from Bloomberg The stock market, which finished its best month since November 2020, has mistakenly given the benefit ofContinue Reading
Opinions expressed by Entrepreneur contributors are their own. The coronavirus pandemic has caused significant changes in higher education. Higher education includes general, technical or professional education, which requires a level of training greater than or equal to the baccalaureate or its equivalent. During the moments of confinement, the research laboratoriesContinue Reading
Opinions expressed by Entrepreneur contributors are their own. Between 2009 and 2021, the stock market enjoyed its longest bull market ever, with returns of more than 400%. But what goes up must come down. Although the economy managed to bounce back quickly from the immediate crash brought on by Covid-19,Continue Reading