Can AI answer your money questions? We put chatbots to the test
By Chris Taylor NEW YORK (Reuters) – Face it, we could all use a little help with our money. So…
Economy
U.S. producer prices unexpectedly fall in March
WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in March as the cost of gasoline declined, and there were signs…
Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart…
Hedge fund Pura Vida urges peace at Cutera board, pushes for new CEO search
By Svea Herbst-Bayliss NEW YORK (Reuters) -Investment firm Pura Vida is wading into a boardroom battle at global aesthetics device…
Heroes or villains: Short sellers’ role in the U.S. bank crisis
By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse…
NY Fed survey finds Americans more downbeat on credit access
By Michael S. Derby NEW YORK (Reuters) – Americans said last month that access to credit was at its toughest…
‘Powell’s curve’ plunges to new lows, flashing US recession warning
By Davide Barbuscia NEW YORK (Reuters) -The Federal Reserve’s preferred bond market signal of an upcoming recession has plunged to…
US dividend funds see biggest quarterly outflows in 2-1/2 years
By Patturaja Murugaboopathy and Chuck Mikolajczak (Reuters) – U.S. dividend funds have faced steep outflows this year after strong inflows…
Exclusive-German banks hit by wave of complaints from savers
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Complaints from consumers about banks and other financial firms in Germany…
Goldman Sachs fined $3 million by FINRA over mismarking short sale orders
NEW YORK (Reuters) – The Financial Industry Regulatory Authority, Wall Street’s self-funded watchdog, fined Goldman Sachs Inc $3 million on…