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This AI-powered financial advisor has quickly gained $20 billion in assets

An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive…

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to…

Private payroll growth slowed to 122,000 in July, less than expected, ADP says

Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm…

Warren Buffett’s Berkshire Hathaway sells Bank of America for a ninth straight day

Berkshire Hathaway’s selling streak in its big Bank of America stake has extended to nine straight days, suggesting that Warren…

Russia approves law allowing use of crypto for global payments as it faces ongoing sanctions

Russian lawmakers on Tuesday approved a new law permitting the use of cryptocurrency for international payments, as the country faces…