Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.
Read More Wall St unsettled ahead of inflation data, Fed meeting
Tag: finance
Yellen to warn of ‘significant risks’ from use of AI in finance
Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries “significant risks.”
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Wall St slides as rate worries push bond yields higher
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higher
House Passes Ukraine, Israel, Taiwan Aid
The House passed a series of bills to provide aid to Ukraine, Israel, and Taiwan along with the potential ban of TikTok.
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US small-business sentiment slides to lowest level in more than 11 years
NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.
Read More US small-business sentiment slides to lowest level in more than 11 years
Bitcoin Rises To Record High After UK Approval Of Crypto Asset
Following the approval of an investment vehicle supported by cryptocurrencies by a United Kingdom financial regulator, Bitcoin rose to a record high of over $72,000 on Monday.
Read More Bitcoin Rises To Record High After UK Approval Of Crypto Asset