If you were going to predict which news company would be the first out with its own massive AI model, Bloomberg would’ve been a good bet. For all its success expanding into consumer-facing news over the past decade, Bloomberg is fundamentally a data company, driven by $30,000/year subscriptions to its […]
Financial
In the aftermath of the Silicon Valley Bank collapse, finance expert Robert Kiyosaki cautioned the central bank of a global powerhouse may be the next to belly up. “The biggest bank that’s going to go down is Bank of Japan,” Kiyosaki explained. “Because the Bank of Japan carried the interest […]
(Bloomberg) — Read this in Japanese: ３兆ドルの日銀黒田レガシーが逆回転の恐れ、世界の金融市場に衝撃も Most Read from Bloomberg Bank of Japan Governor Haruhiko Kuroda changed the course of global markets when he unleashed a $3.4 trillion firehose of Japanese cash on the investment world. Now Kazuo Ueda is likely to dismantle his legacy, setting the stage for […]
Leon CoopermanReuters/ Rick Wilking The US is going through a “textbook” financial crisis, according to billionaire Leon Cooperman. That means poor returns for stocks, he added, warning the S&P 500 wouldn’t hit a high again for a long time. Cooperman has warned markets of an coming recession, and said stocks […]
The specter of a world wide financial crisis hangs over the industry and the overall economy Monday pursuing the acquisition of embattled Swiss financial institution Credit history Suisse by rival UBS in a fireplace sale brokered by the Swiss governing administration Sunday afternoon. Credit history Suisse, an worldwide monetary big […]
It’s well-known that COVID-19 protocols caused financial hardship — particularly among lower- and middle-class families — and now a new study highlights the toll those struggles took on children’s mental health. A new study led by researchers from Columbia University and Weill Cornell Medicine, both in New York, suggests that […]