ChatGPT-powered Wall Street: The benefits and perils of using artificial intelligence to trade stocks and other financial instruments

Artificial Intelligence-powered tools, such as ChatGPT, have the potential to revolutionize the efficiency, effectiveness and speed of the work humans do. And this is true in...

War rooms and bailouts: How banks and the Fed are preparing for a US default – and the chaos expected to follow

Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing...

BIR allows monthly filing, payment of VAT

MANILA — The Bureau of Internal Revenue (BIR) has issued a memorandum circular allowing the monthly filing and payment of value-added tax (VAT). To recall, Republic...

Finance chief wants pause on rate hike

MANILA – Finance Secretary Benjamin Diokno said he wanted the Bangko Sentral ng Pilipinas (BSP) to pause interest rate hikes amid easing inflation. “I’m for a...

Taxing the wealthy to the hilt would make us all much better off

In Canada today, one person — media magnate David Thomson — possesses roughly CA$73 billion while more than 235,000 people are homeless. In Toronto alone, 187...

Erdoğan has wrecked Turkey’s economy – so what next?

Turkey’s 2023 election is one of the most significant in its hundred-year history. After years of currency crashes, vanishing foreign currency reserves and surging inflation, rethinking...

Higher manufacturing growth seen in Q2

MANILA – The growth of the manufacturing sector will likely pick up in the second quarter of the year due to increase in demand, an economist...

DA assures enough rice supply despite El Niño threat

MANILA – The Department of Agriculture (DA) has assured the country will have enough rice supply for the rest of the year despite the possible effects...

Tesla recalls 1.1M units in China over braking issues

ISTANBUL – American electric carmaker Tesla is recalling more than 1.1 million vehicles in China due to braking issues, the country’s top regulator said in a statement...

PH agriculture grows 2.1% in Q1