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Bloomberg unveils finance-focused AI model Bloomberg GPT
bloomberg

Bloomberg unveils finance-focused AI model Bloomberg GPT

Bloomberg, a leading financial data services provider, this week unveiled a new
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Elizabeth Richards
Markets and the economy survived a tough first quarter, but it's not going to get any easier
and

Markets and the economy survived a tough first quarter, but it's not going to get any easier

The economy and stock market head into the second quarter facing both
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Elizabeth Richards
Japan's Regional Banks Resilient to Foreign Bond Losses, According to Regulatory Official
according

Japan's Regional Banks Resilient to Foreign Bond Losses, According to Regulatory Official

Japanese regional lenders will be well able to weather even “large” losses
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Pete Sadler
Egypt's Jumbo Rate Hike Viewed as Insufficient by Bond Buyers in Fight against Inflation
against

Egypt's Jumbo Rate Hike Viewed as Insufficient by Bond Buyers in Fight against Inflation

Egypt’s 200 basis-point interest rate hike has not satisfied bond investors
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Pete Sadler
Reduction in Fed's Emergency Loans to Banks Indicates Easing Financial Turmoil
Banking

Reduction in Fed's Emergency Loans to Banks Indicates Easing Financial Turmoil

Banks reduced their borrowings from two Federal Reserve backstop lending facilities in
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Pete Sadler
Eurozone Records Highest Ever Core Inflation
core

Eurozone Records Highest Ever Core Inflation

Core inflation in the eurozone hit a record in March, a setback
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Pete Sadler
Flight to Money Funds Adds to Pressure on Small Banks
adds

Flight to Money Funds Adds to Pressure on Small Banks

Keeping interest rates on deposits near zero is becoming increasingly untenable, with
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Pete Sadler
FDIC Completes SVB Deal by Exercising $500 Million in First Citizens Stock
$500

FDIC Completes SVB Deal by Exercising $500 Million in First Citizens Stock

Regulator Federal Deposit Insurance Corporation (FDIC) exercised its equity rights in First
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Pete Sadler
Canadian Economy Shows Unexpected Strength Despite Recent Interest Rate Increases
canadian

Canadian Economy Shows Unexpected Strength Despite Recent Interest Rate Increases

Canada’s economy kept growing at the start of this year, defying
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Pete Sadler
Fed's Preferred Inflation Measure Rises Below Expectations, Spending Moderates
below

Fed's Preferred Inflation Measure Rises Below Expectations, Spending Moderates

A key gauge of US inflation rose last month by less than
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Pete Sadler
Collins Points to History to Defend Fed's Stance on Inflation
collins:

Collins Points to History to Defend Fed's Stance on Inflation

Federal Reserve Bank of Boston President Susan Collins said that there’s
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Pete Sadler
Europe Seeks to Streamline the Closure of Mid-Sized Banks
Banking

Europe Seeks to Streamline the Closure of Mid-Sized Banks

The European Union wants to make it easier to wind down medium-sized
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Pete Sadler
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