Finance

Here’s why September and October are historically weak for stocks

Why are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president at Index…

China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China

BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but…

JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses

JPMorgan Chase shares fell 5% on Tuesday after the bank’s president told analysts that expectations for net interest income and…

Federal Reserve unveils toned-down banking regulations in victory for Wall Street

A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts…

It’s not always ‘a sexy thing’ to be a millionaire, former NFL linebacker Brandon Copeland says. Here’s why

Brandon Copeland is a former NFL linebacker turned coach. But the type of coaching he gravitates to isn’t in the…

Former Arm CEO criticizes Britain for not holding onto its top tech firms

CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift…

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its…