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Tag: Finance

Chinese finance minister hints at increasing the deficit at highly anticipated briefing

Lan Fo'an, China's finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People's Bank of China (PBOC), listen during a news conference on the sidelines of the National People's...

HSBC exec says there’s a lot of AI ‘success theater’ in finance

Jaap Arriens | NurPhoto via Getty Images LONDON — Increasingly many financial services firms are touting the benefits of artificial intelligence when it comes to boosting productivity and overall operational efficiency.Despite bold statements, a lot of companies are failing to produce tangible results, according to...

Britain’s finance minister calls for spending discipline but no return to austerity

Britain's Chancellor of the Exchequer Rachel Reeves speaks on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 23, 2024. Paul Ellis | Afp | Getty ImagesLiverpool, ENGLAND — U.K. Finance Minister Rachel Reeves vowed on Monday that...

Finance Boldface: Why Doctors Should Take Their Money Cues from the Aviation Industry

By Dr. Charles Patterson, WCI Columnist Doctors generally suck with money. Doctors are generally good at doctoring. It would seem that if you can become proficient at the latter, the former should come intuitively. Medicine is complex, tedious work that requires its practitioners to...

Animal Spirits: The Worst Chart in Finance

Today’s Animal Spirits is brought to you by New York Life: See here for more information on New York Lifes indexIQ ETFs On today’s show, we discuss: Welcome to the superprime banking crisis Here’s what retirement with less than $1M looks like in America The age of AI has...