Yellen warns of AI risks in finance
Daily NewsUS Treasury Secretary Janet Yellen reported that while artificial intelligence offers significant opportunities, such as making financial services less costly and...
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US Treasury Secretary Janet Yellen reported that while artificial intelligence offers significant opportunities, such as making financial services less costly and...
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Ahead of the critical US nonfarm payrolls data to be released today at 15:30 GMT, two major Wall Street banks, JPMorgan and Citigroup, maintain their expectations...
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Moody's said at least six U.S. regional banks are at risk of having their debt ratings downgraded. Moody's said at least six U.S. regional banks with significant ...
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In line with expectations, the European Central Bank (ECB) cut interest rates by 25 basis points, lowering the deposit rate to 3.75 percent. The decision text inc...
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UBS raises silver price forecast, expects outperform relative to gold. UBS strategists raised their silver price forecast on the expectation that silver will outp...
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Oil rises after Saudi Arabia price cut signals demand concerns Oil rose for a second session on Saudi Arabia’s crude price cuts and concerns about the demand outl...
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The market value of California-based chipmaker Nvidia has surpassed $3 trillion. Thus, Nvidia became the third company to reach a value of $3 trillion. Nvidia's s...
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Service sector activity in the U.S. rose to a nine-month high in May. The data signaled that the economy is continuing to recover, albeit slowly. The ISM services...
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Treasury and Finance Minister Mehmet Şimşek spoke to Bloomberg about tax studies on crypto and stocks. Treasury and Finance Minister Mehmet Şimşek said that they ...
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Oil at four-month low as U.S. inventories rise Oil held losses to four-month lows, with the declines deepening as an industry report showed U.S. crude inventories...
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According to Pimco, markets are ignoring the risk of a US recession, making bonds a “cheap hedge.” Weak employment data in the US has also helped bonds gain value...
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The Central Bank of the Republic of Turkey (TCMB) announced that the FAST service has been launched for payments requiring approval, which can be used in differen...
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The Ministry of Treasury and Finance is reportedly continuing a study on the taxation of financial activities, including stock market investments and those obtain...
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Oil falls as OPEC+ plan raises concerns about oversupply Oil extended losses at the lowest level in almost four months after OPEC+ plan raised concerns about over...
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Uncertainty surrounding the U.S. presidential election could jeopardize some popular investment strategies this year, according to Morgan Stanley. Uncertainty sur...
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Brent crude fell below $80 a barrel after OPEC+ agreed to begin phasing out cuts in 2025 despite concerns about the demand outlook and strong supply from outside ...
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Minister of Energy and Natural Resources Alparslan Bayraktar announced that the gas agreement with Azerbaijan has been extended to 2030. Minister of Energy and Na...
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Oil surged after OPEC+ agreed to begin phasing out cuts in 2025 despite concerns about the demand outlook and strong supply from outside the group. The Saudi Ener...
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The European Central Bank (ECB) is expected to make its first rate cut after completing its tightening cycle at its meeting on Thursday this week. While the Fed h...
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Minneapolis Fed President Neel Kashkari said interest rates should remain steady for “a long time.” Minneapolis Fed President Neel Kashkari said lowering borrowin...
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Saudi Arabia’s $12 billion sale of Aramco shares was completed within hours. Saudi Aramco’s $12 billion share sale found buyers shortly after the start of trading...
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