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G7 should adopt ‘risk-based’ AI regulation, ministers say

The Cheap InvestorMay 1, 2023May 1, 20230

By Kantaro Komiya TAKASAKI (Reuters) -Group of Seven advanced nations should adopt “risk-based” regulation on artificial intelligence, their digital ministers…

  • Asia
  • Business

Wall St stocks end lower, dollar gains after data; Fed, earnings in the wings

The Cheap InvestorMay 1, 2023May 1, 20230

By Sinéad Carew (Reuters) – Wall Street indexes closed slightly lower and the dollar gained with Treasury yields as investors…

  • Business
  • Economy

Fed: Refinements to its new standard for officials, staff trading coming

The Cheap InvestorMay 1, 2023May 1, 20230

By Michael S. Derby (Reuters) -The Federal Reserve is planning new steps to ensure officials and top staff are complying…

  • Business
  • Canada

American Airlines pilots authorize a strike mandate

The Cheap InvestorMay 1, 2023May 1, 20230

By Allison Lampert (Reuters) -North American pilots took fresh steps on Monday to press for workforce gains, with American Airlines…

  • Business

US lawmakers push SEC to order audit of Shein IPO over Uyghur forced labor fears

The Cheap InvestorMay 1, 2023May 1, 20230

By Arriana McLymore NEW YORK (Reuters) -A bipartisan group of two dozen U.S. representatives was calling for the Securities and…

  • Business
  • Economy

First Republic collapse sparks regional bank shares sell-off

The Cheap InvestorMay 1, 2023May 1, 20230

By Manya Saini (Reuters) – Shares of several regional lenders fell on Monday after the collapse of First Republic Bank,…

  • Business
  • Economy

U.S. Supreme Court to examine whistleblower claims against financial firms in UBS case

The Cheap InvestorMay 1, 2023May 1, 20230

By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday agreed to examine how difficult it should be for financial…

  • Business
  • Economy

U.S. Treasury: ‘Decisive actions’ taken in response to bank failures

The Cheap InvestorMay 1, 2023May 1, 20230

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department said on Monday that authorities took “decisive actions” in response…

  • Business
  • Economy

FDIC sees merits of increasing backstop for business accounts

The Cheap InvestorMay 1, 2023May 1, 20230

By Hannah Lang and Ann Saphir WASHINGTON (Reuters) – A key U.S. banking regulator on Monday laid out a range…

  • Asia
  • Australia

Dollar gains before Fed meeting, jobs data

The Cheap InvestorMay 1, 2023May 1, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar rose to an almost two-week high against a basket of currencies…

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