Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Watch Live: Fed Chair Powell Speaks At Harvard University Fed Chair Jerome Powell, who has just over a month left in his tenure as head of the world's most important central bank, speaks at 10:30am ET to the Harvard University Principles of Economics class. He is not expected to make monetary policy comments.  As CNBC notes, this will be one of Powell’s final scheduled public appearances before his term ends in May. The discussion comes with markets anticipating the central bank will be on hold regarding interest rates through the end...

The Pentagon is in talks on purchasing Ukrainian-made interceptors to counter Iranian drones, the Financial Times has reported, as senior US officials have told Congress that US forces in the Middle East are having more trouble intercepting Iran’s drones than expected. The report said that at least one Gulf country was also in talks on […]

AI Is "New Front Door To Commerce" As Consumers Ditch Google For Chatbots Shoptalk, one of the retail and e-commerce industry's top U.S. conferences, took place in Las Vegas last week, where Goldman analysts had one key takeaway for clients on Monday morning: AI is beginning to reshape how consumers shop.  Analysts Brooke Roach and Kate McShane, among others, attended the conference and listened to retailers, consumer brands, and technology vendors focus on the evolving consumer space in the era of AI. Their top takeaway was that AI is emerging as a...