Finance
China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China
Kai-Fu Lee, chairman and chief executive officer of Sinovation Ventures, speaks during the HICOOL Global Entrepreneur Summit on September 11,...
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Federal Reserve unveils toned-down banking regulations in victory for Wall Street
A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts...
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Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022.Luke...
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Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
David Solomon, CEO of Goldman Sachs, during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in...
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Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
Federal Reserve Chairman Jerome Powell.Andrew Harnik | Getty ImagesThe U.S. Federal Reserve can afford to make a jumbo 50 basis...
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China’s CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall
egetable prices in China have risen significantly this summer, with analysts pointing to high temperatures and frequent rainfall as the...
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Why the father of ‘life planning’ says you’re managing money the wrong way
George KinderKinder InstituteGeorge Kinder wants everyone to be free.At first blush, that concept of personal fulfillment or enlightenment may seem...
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3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping headfirst into the AI race. Over the past year, Wall Street's largest names — including Goldman...
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ETFs are on pace to break record annual inflows, but this wild card could change it all
Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the...
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China should focus on fighting deflationary pressure, former central bank governor says
Yi Gang was governor of the People's Bank of China from 2018 to 2023. He is pictured here speaking at...
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