by John Hill | Aug 18, 2025 | Uncategorized
Markets had been nearly certain the Fed would cut rates in September, but fresh producer price data are weakening those odds ahead of Chair Jerome Powell’s Jackson Hole speech. While investors still see an 85% chance of a cut, Bank of America now expects rates to...
by John Hill | Aug 18, 2025 | Uncategorized
Duke Energy Corp. says its move to combine electric utility subsidiaries in North and South Carolina into one entity could save customers more than $1 billion over a decade. The Charlotte-based utility said it formally asked federal and state regulators on Thursday...
by John Hill | Aug 18, 2025 | Uncategorized
Canadian Prime Minister Mark Carney will visit Mexico in September to meet with Mexican President Claudia Sheinbaum, a senior official familiar with the matter said Friday. The meeting comes as America’s neighbors deal with U.S. tariffs and prepare for a review of the...
by John Hill | Aug 18, 2025 | Uncategorized
After weeks of simmering tensions, the battle between fintech firms and banks is finally spilling into the public eye—and it’s pitting factions of the fragile Trump coalition against each other. At its core, the skirmish is around open banking, a policy first...
by John Hill | Aug 18, 2025 | Uncategorized
Good morning. Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line. The GenAI Divide: State of AI in Business 2025, a new report published by MIT’s NANDA initiative, reveals that while generative AI holds promise for enterprises,...
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