HSBC Appoints First Chief AI Officer As It Seeks Cost Cuts
HSBC has appointed David Rice as its first chief AI officer.
Fed's Goolsbee: Inflation Now The Greater Risk, Watching Expectations Closely - CNBC
Inflation is the greater risk facing the U.S. economy right now with the unemployment rate remaining fairly stable, Chicago Fed President said.
'The Energy Tax': Analysts Weigh Impact of Surging Gasoline Prices on Inflation, Consumers
Economists and strategists are taking stock of what surging oil prices mean for consumer spending, inflation, and Federal Reserve's path this year.
Fannie, Freddie Place Large Bids for Mortgage-Backed Securities
Fannie Mae and Freddie Mac have been placing orders to purchase mortgage-backed securities, stepping into a market roiled by widening bond spreads.
Trump's Long-Running Push to Oust Powell Could Keep the Fed chair Around for Longer
Trump’s drawn-out campaign to oust Jerome Powell may end up prolonging the Fed chair's tenure at the central bank.