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US Inflation Reduction Act ‘to spur $3 trillion investment in renewable energy tech’

IRA could stimulate $11 trillion of total infrastructure investments by 2050. The US Inflation Reduction Act (IRA) will spur about $3 trillion of investment in renewable energy...

Crypto companies seek banking partners after series of collapses

Securing a banking partner could be more difficult for smaller crypto start-ups. Crypto companies are looking for banking partners after the collapse of three crypto-friendly lenders...

Why ChatGPT and AI are taking over the cold call, according to Salesforce leader

KEY POINTS The launch of ChatGPT has started a wave of technology companies looking to integrate generative AI into their products and apps. Salesforce...

Money Market Funds: What Are They and How Do They Work?

Money market funds are exploding in popularity, but read the fine print before investing. According to the mutual fund industry trade group Investment Company Institute,...

US bank deposits fall $76.2 bn, led by large institutions: Fed data

Meantime, commercial bank lending rose $13.8 billion last week on a seasonally adjusted basis. US bank deposits fell last week, indicating the financial system remains...

Despite 100 reported infant deaths, Rock ‘n Play sleeper still for sale on Facebook Marketplace

Four years after the Fisher-Price Rock 'n Play was recalled, and despite links to about 100 infant deaths, hundreds of the sleepers are offered for...

In shocking reversal, mortgages proved poor investment for banks who lost money on home loans

U.S. banks lost money on mortgages as prospective homebuyers – tired of battling high mortgage rates and still rising home prices – backed out of the housing...

America’s downtown centers wither amid fading hopes for a post-pandemic office boom

Cities like New York, San Francisco and Chicago have millions of square feet of unused commercial space, yet in the midst of this, a...

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