The Department of Justice told a court that the Consumer Financial Protection Bureau cannot legally request funding from the Federal Reserve System because the central bank technically has no profits.

eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...

The Consumer Financial Protection Bureau urged a federal appeals court to deny a motion by the agency's employee union to rehear arguments about whether the Trump administration's planned layoffs ...

An artificial-intelligence algorithm that discovers its own way to learn achieves state-of-the-art performance, including on some tasks it had never encountered before. Joel Lehman is at Lila Sciences ...

More than 100 former investment bankers from JPMorgan Chase (NYSE:JPM), Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) have joined OpenAI's (OPENAI) secretive Project Mercury to help train AI ...

OpenAI and Anthropic are racing to master finance as automation reshapes Wall Street jobs. Photo by Tomohiro Ohsumi/Getty Images Revising pitchbooks, formatting slides and tweaking font sizes—these ...

OpenAI has formed a new team of over 100 former investment bankers under a new initiative internally called “Project Mercury.” The project pays contractors, many of whom are former employees of ...

It might seem like a wonderful time to be an American investment bank. Over the past year, the country’s lenders have handed shareholders gains of 27%, far outstripping the 10% for other stocks ...

The original version of this story appeared in Quanta Magazine. If you want to solve a tricky problem, it often helps to get organized. You might, for example, break the problem into pieces and tackle ...

JPMorgan Chase (NYSE:JPM) is widening its push to gain share in wealth management, stationing private client bankers in 53 branches across affluent U.S. markets in New York, Connecticut, Florida and ...

Federal Reserve Chair Jerome Powell answers questions from reporters on the central bank’s first interest rate cut of 2025. Photo: Chip Somodevilla/Getty Images A pickup in dealmaking and initial ...

Until JPMorgan dropped him as a client in 2013, America’s leading bank financially enabled the century’s most notorious sexual predator. By David Enrich My colleagues and I reviewed more than 13,000 ...