Tech Giants Are Set to Spend $200 Billion This Year Chasing AI

Published on November 1, 2024

Three months ago, Wall Street punished the world’s largest technology firms for spending enormous amounts to develop artificial intelligence, only to deliver results that failed to justify the costs.

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Bond Traders Scour US Jobs Data for Clues on Fed’s Rate Plan

November 1, 2024
Investors who’ve been hedging against a deeper selloff in US Treasuries are preparing for volatility as Friday’s hurricane- and strike-tinged US employment report offers final clues ahead of next week’s Federal Reserve policy decision.

J.P. Morgan to Pay $150M to Settle Slew of SEC Charges

November 1, 2024
In one case, the firm agreed to pay $45 million to settle charges that it didn’t disclose financial conflicts regarding a portfolio management program to clients.