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Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. OpenAI used a recent webinar to demonstrate how its finance team is using artificial intelligence to transform the finance function. But while the presentation emphasized faster workflows and new ways of working, attendees repeatedly submitted questions about…
The jump in Treasury yields this week is delivering a reality check about a strong economy, stubborn inflation and the growing cost of the national debt. That will put the squeeze on the debt-heavy Trump administration as it tries to find a path forward for the economy. It also highlights the tension between the nation’s…
The S&P 500 Index ($SPX) (SPY) today is up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.30%, and September E-mini Nasdaq futures (NQU26) are up +0.97%. Stock indexes are moving higher today as bond yields fell on a…
The company impressed Wall Street several weeks ago by teasing an improved profitability trajectory. Super Micro’s latest forecast has exceeded expectations as well.
Program expenses, excluding net actuarial losses, reached $159 billion, up from $151.3 billion. The department cited higher direct program expenses and major transfers to persons. Public debt charges, the interest the government pays on its borrowing, totalled $20 billion, up from $18.6 billion. Net actuarial losses were $1.7 billion, up from $1.3 billion. The department…
Stablecoins are accelerating the shift toward instant, digital financial services. For community and regional banks, the key question is not whether stablecoins will exist, but how banks can participate in the infrastructure that supports faster payments, tokenized deposits, and emerging digital financial networks. Join us on October 13 as Simon Griffin, Business Lead for Crypto…