Finance

Bitcoin jumps above $30,000

Bitcoin is at its highest level in 10 months breaching the $30,000 marker ahead of Wednesday’s March consumer price index (CPI) data from the Labor Department and subsequent response from the U.S. Federal Reserve

Auditors didn’t flag risks building up in banks

Audit firm KPMG LLP flagged potential losses on loans as a critical matter for Silicon Valley Financial but missed the inherent bond losses and unreliable deposits that took the financial institution down, the Wall Street Journal reported.

King Dollar still looks safe from the yuan

The share of U.S. dollars in foreign-exchange reserves of global central banks has slipped in recent years, but it still accounts for nearly 60% of the total.

Honda recalls 564,00 CR-Vs

Automaker Honda is recalling 564,00 CR-Vs in cold weather states because road salt can cause the frame to rust and rear suspension parts to come loose and fall off.

Bloomberg unveils finance-focused AI model Bloomberg GPT

Bloomberg, a leading business and financial information company, has unveiled a new artificial intelligence (AI) learning model called BloombergGPT, which will assist financial professionals with a variety of natural language-processing tasks.