Goldman Sachs Group analysts see potential for some more inflation cooling this summer. “Our forecasts open up the possibility that the market may begin to focus more on the prospects of some inflation relief as we move into the second half of the year,” Goldman analysts Dominic Wilson and Kamakshya…

© Reuters. FILE PHOTO: A private security guard stands at the exit gate of the headquarters of Tata Consultancy Services (TCS) in Mumbai, India October 13, 2016. REUTERS/Shailesh Andrade/File Photo BENGALURU (Reuters) – India’s Tata Consultancy Services said on Friday it has mutually agreed with Transamerica to end their administration…

By Stephanie Kelly and Sudarshan Varadhan (Reuters) -Oil prices were set to snap a two-week losing streak despite trading marginally lower early on Friday, amid optimism about higher energy demand from top crude importer China and a weaker dollar. futures dipped 17 cents, or 0.2%, to $75.50 a barrel by…

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose to a four-month high on Friday as U.S. economic data stoked expectations that the Federal Reserve is near the end of its rate-hike campaign, while the yen fell after the Bank of Japan maintained its ultra-easy monetary policy. MSCI’s broadest index…

As a follow up to our exploration of how next generation AIs such as ChatGPT will change the financial services industry in the next five years, in Part Two we will examine how ever-improving generative AI will change financial services into the 2030s and beyond. The impact AI will have…

Prices are up in Sweden and Beyoncé may be to blame for some of the country’s inflation if you believe Danske Bank’s chief economist, Michael Grahn. Bey kicked off her potentially $2.4 billion grossing “Renaissance” tour in Stockholm last month, when inflation was 9.7%. Grahn attributed about 0.2 percentage points…

Millions of borrowers are awaiting an imminent decision by the Supreme Court on a pair of legal challenges to President Joe Biden’s signature student loan forgiveness plan. That plan, if allowed to move forward, could result in up to $20,000 in student debt relief for millions of Americans. While the…

Last month, the IRS got folks talking when it announced it was launching a pilot program for a free direct online tax-filing service. The announcement was part of a report to Congress offered in response to a mandate in the Inflation Reduction Act of 2022. IRS E-File System According to…

Yesterday we learned the Consumer Price Index (CPI) rose 0.1 percent in May, down from 0.4 percent in April, while the yearly rate rose 4 percent, compared to 4.9 percent in April, the lowest yearly inflation rate since March 2021. Falling energy prices—down 3.6 percent in May—were the key factor…

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