Fundstrat’s Mark Newton says it’s not time to panic about surging bond yields driving a deeper stock rout. He offers technical evidence to back his case.
Money market funds (MMFs) have long been the bedrock of short-term liquidity management. They bridge the gap between bank deposits and direct instruments, offering security, diversification, and rapid access to cash. Yet, ever since the pandemic-induced dash for cash and the 2022 gilt market crisis, the shadow of regulatory overhaul has loomed heavily over the…
Top 10 accounting firm Grant Thornton is acquiring fellow top 10 firm CBIZ to form a firm that’s outsized only by the Big Four in terms of U.S. revenue. The transaction, expected to close in the fourth quarter of 2026 according to a news release, will result in Grant Thornton Advisors acquiring CBIZ in an…
Supply chain insurance is seen by businesses as a must-have protection during periods of geopolitical tensions — in order to safeguard their daily commercial operations, according to GlobalData, the London-based data and analytics company. Supply chain insurance (41.1%) is the product expected to see the highest demand due to current geopolitical tensions, with cyber insurance…
Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million. According to IBM’s Cost of a Data Breach Report, cyberattackers are using AI and attacking AI. AI-driven attacks increased 56% over last year’s study, adding about $1 million to the…
The Securities and Exchange Commission said Wednesday it’s establishing a new, specialized unit within its Division of Enforcement with dedicated expertise, focus and capacity to pursue accounting and financial reporting fraud cases as well as general misconduct in the accounting and auditing areas. Processing Content The SEC said its new Financial Reporting and Accounting Unit…
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. The following is a guest post from Sarthak Gupta, a data scientist at Amazon. Opinions are the author’s own. Most artificial intelligence projects in finance are not stalling because the technology is weak. They are stalling because…
