Finance

Inflation gives millions new access to investments for the wealthy, says SEC

Inflation has given millions of people new access to certain investments earmarked for the wealthy — and consumer advocates argue…

GPT and other AI models can’t analyze an SEC filing, researchers find

Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities…

Swiss regulator calls for more powers after Credit Suisse collapse

Switzerland’s financial regulator on Tuesday called for greater legal powers and vowed to adapts its approach in the wake of…

Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth

Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the…

Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction

A Federal Reserve official said Monday that the market may have misunderstood the central bank’s intended message last week after…

SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million

Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5…