The Next Big Financial Crisis Will Emerge from AI Says Gensler
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The next big financial crisis will emerge from AI says SEC Chairman Gary Gensler as concerns rise about systemic risk posed by the tech.
Wells Fargo Agrees to Pay $1 Billion in New Lawsuit
Wells Fargo has agreed to pay shareholders $1 billion to settle a new class action lawsuit after its 2016 fake-accounts scandal.
Nation’s Largest Bank JPMorgan Faces Painful $1.5 Billion Fee
The nation's largest bank JPMorgan is facing a painful $1.5 billion fee that may also be felt by various other banks later this year.
Mullen’s Cost to Borrow Is Now Reaching New Highs
Mullen Automotive's cost to borrow is now reaching new highs. Ortex reports the company's max CTB having reached 454.59% on Thursday.
Short Sellers Are Now Turning on One Another
Short sellers are now turning on one another. Billionaire investor and short seller Carl Icahn is now being targeted by Hindenburg Research.
