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Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
By January 2025, banks and their tech suppliers will have to comply with a new EU law known as DORA. It could help prevent major IT disruptions in future.Read More...
Jamie Dimon says he still sees a recession on the horizon
Dimon, leader of the biggest U.S. bank by assets and one of the most respected voices on Wall Street, has warned of an economic "hurricane" since 2022.Read More...
A ‘soft landing’ is still on the table, economists say
Recession risks have risen but the U.S. is likely to skirt a downturn if the Federal Reserve soon cuts interest rates, economists said.Read More...
Sahm rule creator doesn’t think that the Fed needs an emergency rate cut
She said, however, there is a good case for a 50-basis-point cut, adding that the Fed needs to "back off" its restrictive monetary policy.Read More...
Consumer giants from Starbucks to General Mills have one big sales problem: China
A theme emerging in the latest slew of U.S. companies' earnings reports is a drag from the China market.Read More...
The case for buying bonds right now
Investors may want to consider fixed income to help navigate the market’s recent volatility.Read More...
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