Fed Officials Leave Door Open to Another Large Interest-Rate Cut

Published on September 24, 2024

A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on the US economy.

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Traders, Don’t Fall in Love With Your Machines

September 24, 2024
Gary Gensler, chief US securities regulator, enlisted Scarlett Johansson and Joaquin Phoenix’s movie “Her” last week to help explain his worries about the risks of artificial intelligence in finance. Money managers and banks are rushing to adopt a handful of generative AI tools and the failure of one of them could cause mayhem, just like the AI companion played by Johansson left Phoenix’s characte

World Markets Watchlist: September 20, 2024

September 24, 2024
Six of our eight indexes on our world watch list have posted gains through September 20th, 2024. The U.S.'s S&P 500 finished in the top spot with a year-to-date gain of 20.24%. India's BSE SENSEX finished in second with a year-to-date gain of 17.60% while Tokyo's Nikkei 225 finished in third with a year-to-date gain of 12.73%.