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Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Chris Gaetano (00:03): Hi there. I’m Chris Gaetano, tech editor with Accounting Today and you’re listening to On The Air. The introduction of AI coding models have upended […]
Home Awards Award Winners BBVA | World’s Best Emerging Markets Bank 2026 Onur Genc, Chief Executive Officer Global Finance is proud to announce its selections for the World’s Best Banks 2026, including its honoree for the World’s Emerging Markets Best Bank, revealed here for the first time. The 2026 World’s Emerging Markets Best Bank is […]
The dollar index (DXY00) rose by +0.18% on Monday. The dollar strengthened on Monday as escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar. The dollar also received some safe-haven support on […]
Economists are warning that AI could push companies into a wave of layoffs that ends in self-destruction. Gerry Tsoukalas and Brett Falk, authors of “The AI Layoff Trap,” a research paper published by The Wharton School, said CEOs can become trapped in a race to automate that erodes consumer spending on which their businesses depend. “The main question we […]
Check your bank account: you might be a couple of thousand dollars richer. On July 20, the first batch of payments to current and former students who attended 10 elite schools was distributed from a $284 million settlement. It follows a 2022 lawsuit filed by students who accused the schools of participating in “a price-fixing […]
rawintanpin/iStock via Getty Images Beyond the AI Boom In the second quarter, the stock market resumed its uptrend after a sharp 1Q decline triggered by the war in Iran. Market returns continued to be dominated by AI-related technology stocks as the S&P 500 gained 15.2%. Our equity funds delivered positive returns but trailed the index, […]
The Justice Department has seized more than 1,000 domains illegally streaming World Cup matches. The seizures, announced Monday (July 20), took place in three different actions during the global soccer tournament, and were based on investigation by the U.S. Immigration and Customs Enforcement Homeland Security Investigations (HSI) Washington Field Office and the National Intellectual Property […]
There’s no two ways about it: Palantir Technologies (PLTR +2.06%) is a battleground stock. Bulls argue that the company’s proprietary artificial intelligence (AI)-infused decision-making matrix — dubbed Ontology — has no real competition, which is driving Palantir’s blistering sales growth. Bears argue that the stock’s egregious valuation is simply unsustainable, which has fueled the stock’s […]
The Public Company Accounting Oversight Board voted Monday to request public comment on the goals and objectives for its 2026-2030 strategic plan. Processing Content “We must remain responsive to investors and market participants, provide greater clarity around our decision-making process, and foster trust through meaningful two-way communications and feedback,” said PCAOB chairman Demetrios “Jim” Logothetis […]