Bloomberg
January 26, 2023 | Daily Business Review
We Asked ChatGPT to Make a Market-Beating ETF. Here's What HappenedWe challenged ChatGPT, the artificial intelligence tool that's taking the internet by storm, to create us a winning portfolio for the U.S. stock market.
By Sam Potter and Katie Greifeld, Bloomberg News
7 minute read
January 25, 2023 | Daily Business Review
Five Key Things to Watch in Tesla's Earnings ReportAnalysts expect adjusted earnings of $1.12 a share on revenue of $24 billion, according to estimates compiled by Bloomberg. There's been a decrease in analysts' consensus for both profit and revenue since Tesla disclosed delivery figures on Jan. 2.
By Dana Hull and Esha Dey, Bloomberg News.
5 minute read
January 25, 2023 | Daily Business Review
UK Parliament Seeks Power to Scrutinize Finance RegulatorsBritain's financial regulators would face more scrutiny over their policies for consumers and the economy from Parliament under proposals from members of the House of Lords.
By Katherine Griffiths, Bloomberg News
3 minute read
January 09, 2023 | Daily Business Review
China Readies for Reopening With Huge Quota for Crude ImportsChina's oil demand is forecast to register meaningful growth from the second quarter as COVID infections begin to wane in bigger cities and as mobility returns to normal levels.
By Bloomberg News
2 minute read
December 30, 2022 | Daily Business Review
Russia to Export Large Diesel Amounts Before EU SanctionsA forthcoming European Union ban on diesel imports from Russia has the potential to be even more disruptive than a prohibition on almost all seaborne crude purchases that started in early December.
By Bloomberg News
2 minute read
December 21, 2022 | Daily Business Review
Wells Fargo to Pay $3.7 Billion for Mistreating CustomersWells Fargo & Co. agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau to settle a variety of allegations of mistreating…
By Hannah Levitt / Bloomberg News
2 minute read
December 16, 2022 | Daily Business Review
Global Recession Risks Rise as Central Banks Raise RatesMajor central banks this week signaled their willingness to countenance a global recession in 2023 as they promised to raise borrowing costs further in their ongoing battle against sky-high inflation.
By Rich Miller, Jana Randow and Philip Aldrick, Bloomberg News.
6 minute read
December 14, 2022 | Daily Business Review
China Asks Banks to Buy Bonds Via Prop Desks After Market SlumpA wave of fund redemptions by retail investors has fueled China's biggest credit sell-off since 2015.
By Bloomberg News
2 minute read
December 12, 2022 | Daily Business Review
US Futures Rise With Central-Bank Moves in FocusU.S. equity-index futures advanced at the start of a pivotal week for monetary-policy decisions from the Federal Reserve, European Central Bank and a host of their peers.
By Srinivasan Sivabalan and Tassia Sipahutar, Bloomberg News.
3 minute read
December 08, 2022 | Daily Business Review
A €500 Billion European Bond Spree Is Looking for New BuyersAs winter approaches, governments across Europe have been frantically drafting aid programs to protect their citizens from the surge in energy costs triggered by Russian President Vladimir Putin's invasion of Ukraine. There are electricity price caps in France, gasoline discounts in Italy and heating-bill subsidies in Germany.
By Alice Gledhill, Bloomberg News.
6 minute read
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