BusinessEconomy 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…
AsiaBusiness 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…
BusinessEconomy 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…
BusinessCanada 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…
BusinessEconomy 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,…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessEconomy 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…
AsiaAustralia 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…