(Credit: Zivica Kerkez / Shutterstock.com ) AI systems in lending discriminate against women. Study shows: Women pay significantly more for car loans. But why does AI fall back on old prejudices? Many banks use artificial intelligence (AI) in lending. Some use AI only to reduce the processing time of applications by capturing documents faster. Others … Read more
They woke up a bit on L. Athens And where for two weeks the stock market had a course that reminded a little of the cardiogram of a half-dead, on Friday the blood got a little heated. The rebalancing due to the changes in the MSCI indices shuffled the “deck of cards” a bit and … Read more
It is worth comparing construction financing: How interest and repayment affect the costs 02.09.2024, 14:59 Listen to article This audio version was artificially generated. More info | Send feedback The ECB has just lowered the key interest rates by 0.25 to 4.25 percentage points. This should actually make loans cheaper. But things are different when … Read more
Hedge fund billionaire Bill Ackman has joined critics of a court order to suspend Elon Musk’s X in Brazil, saying The ruling will likely scare away investors and hurt the country. On Friday, Supreme Court Judge Alexandre de Moraes ordered Internet service providers in Brazil to block their users from accessing Xafter the social media … Read more
A bonus of 100.00 euros awaits new customers of the free current account from 1822 Direkt. PR/Business Insider If you use the free 1822direkt Classic Current Account* you can secure a bonus of 100.00 euros. To do this, at least 1000.00 euros must have been deposited into your 1822direkt checking account by October 31, 2024. … Read more
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You, who are also a civil engineer after working for several banks who have entrusted you with projects to expand their branches, do banks really need to build the latest fashion buildings to accommodate -attract customers? The construction of modern buildings is not the only reason to attract customers for a bank. Although physical appearance … Read more
This year’s Jackson Hole symposium has a special feature, as it takes place in the middle of the election season. And the election is undoubtedly a big challenge for independent central banks. This is because the monetary policy makers cannot on the one hand prejudge the outcome, and on the other hand know what the … Read more
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Donald Trump doesn’t like Jerome Powell. And he was the one who chose him to lead the Federal Reserve, the Fed, in 2018. However, the Republican is convinced that the Fed chairman has sided with the Democrats and is determined to do little less than destroy the American economy, first by raising rates at a … Read more