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S&P 500 futures slip as Wall Street awaits bank earnings: Live updates – CNBC

4 minutes ago BlackRock stock rises after strong financial results BlackRock shares rose 2% earlier after the asset management giant reported better-than-expected first-quarter results. The company had adjusted earnings per share of $4.73 billion and profit of $9.81. Analysts polled by Refinitiv had expected earnings of $9.35 per share and revenue of $4.68 billion. The […]

AI Revolution Poised to Disrupt Entry-Level Jobs on Wall Street

A traditional rite of passage for young professionals seeking a career in investment banking could soon be upended by rapid advances in AI technology, according to a recent report. of new york times report Investment banks are increasingly turning to AI to automate and streamline many of the tasks typically performed by entry-level analysts, raising […]

March Inflation Looms Over Wall Street

Inflation is back from the dead There is a ghost that haunts Wall Street.ghost of resurgence of inflation. Key inflation indicators are rising, indicating whether this is a bumpy road back to the Fed’s 2% target or evidence of a resurgence of inflationary pressures despite the Fed’s insistence on restrictive monetary policy. This is causing […]

NYC’s public Wi-Fi network nixes deal to bring TikTok to ‘every street corner’

New York City’s public Wi-Fi network closes on controversial deal with Chinese-owned TikTok to bring the service to “every street corner” amid a Post investigation and an intensified congressional pursuit of the app concluded. Partnership plan with technology company Intersection and link NYC TikTok’s “Out of Phone” service now extends its wildly popular mobile video […]