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The Fed meets for the first time since Trump’s term started. Here’s what to expect
If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.Read More...
Steve Cohen says AI will be decadeslong theme, but Monday proves it won’t be a ‘straight line’
Cohen said the AI boom could see ups and downs and the lack of accurate information could exacerbate volatility around AI-related investments.Read More...
Elon Musk’s X begins its push into financial services with Visa deal
Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments, like Zelle or Venmo.Read More...
Italy’s Mediobanca rejects Monte dei Paschi’s ‘destructive’ 13-billion-euro takeover bid
Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.Read More...
Nvidia is rebounding after biggest market cap loss in history, but it’s a fragile bounce
The chipmaker rose after plunging 17% on Monday.Read More...
HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.Read More...
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