Mustafa Hatipoglu | Anadolu | Getty ImagesVisa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company's product event in April.The payments network and rivals across the fintech industry are racing to build tools that allow consumers...
Category: Finance
Goldman Sachs makes big bet on ETFs specializing in downside protection
Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — also known as buffer ETFs, which use options to help protect against market losses.This month, Goldman Sachs agreed to buy defined outcome ETF provider Innovator Capital Management for $2 billion. The deal is expected to...
The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect
The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about what's ahead.Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If that's the case, it...
London’s answer to Wall Street gains momentum as major firms sign on
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK.Bloomberg | Bloomberg | Getty ImagesVisa is moving its European headquarters to London's financial district, hot on the heels of an announcement by JPMorgan that it will build a landmark tower in an area considered to be the city's answer...
Is bitcoin really digital gold? In 2025, the leading crypto has failed to answer that question
Bitcoin's sharp pullback from its recent record high wiped out its year-to-date gains, and that's led to questions about aggressive price targets for the cryptocurrency into 2026. But as important as where bitcoin's price goes next is a question about the role bitcoin really serves in a portfolio: When will...