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Regional lender earnings may well expose vital weaknesses, previous FDIC Chair Sheila Bair warns
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Regional bank earnings may expose vital weaknesses, previous FDIC Chair Sheila Bair warns
Finance
Stocks making the biggest moves after hours: Snap, Rivian, AMD, Super Micro, Arista Networks and more
Check out the companies making headlines in extended trading. Snap — The social media platform plunged 14% after missing revenue expectations for the second quarter. Snap said it recorded $1.34 billion, slightly under the consensus forecast of $1.35 billion from analysts polled by LSEG. Rivian Automotive — The electric vehicle company dropped more than 3% […]
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Finance
Op-Ed: The ‘Advisory Firm of 1’ — AI will change how your wealth is managed
Ilkercelik | Istock | Getty Images We’re about to witness a regime change in productivity. Prepare for the “RIA of 1”: A single financial advisor supported by a collection of autonomous and augmented AI agents and applications. This isn’t a whimsical notion; it’s the inevitable outcome of AI fundamentally transforming the advisory space, augmenting advisors […]
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Finance
Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the ‘Kevins’
Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the US Federal Reserve Reuters President Donald Trump’s fresh comments on potential candidates to replace Jerome Powell as the next chair of the Federal Reserve sparked a wave of speculation on prediction markets. National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh, […]
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