The hardest part of implementing gen AI for most companies

The hardest part of implementing gen AI for most companies

As boards of directors call for the deployment of artificial intelligence, IT managers like chief information officers know that there is more to the story than having a solid AI use case. The challenge preventing technology leaders from deploying AI isn’t actually generating a model and rolling it out, says Prukalpa Sankar, co-founder of data … Read more

Mortgage companies that borrowers are most satisfied with, according to JD Power

Mortgage companies that borrowers are most satisfied with, according to JD Power

Home loan lenders who guide borrowers through the mortgage process earn the best reviews, according to a new study. However, customer satisfaction has declined overall over the past year, and stubbornly high mortgage rates may be partly to blame. JD Power has released a new list of mortgage lenders ranked by customer satisfaction. The 2024 … Read more

Dow, S&P 500, Nasdaq rise as inflation pressures keep Fed rate cut on track

Dow, S&P 500, Nasdaq rise as inflation pressures keep Fed rate cut on track

New inflation data released on Wednesday showed consumer prices rose as predicted in Octoberwhich keeps the Federal Reserve on track to cut interest rates again in December. “There is progress on inflation,” Claudia Sahm, chief economist at New Century Advisors, told Yahoo Finance after the release of the data. “We’re being pointed in the right … Read more

Fear of delay over loan scandal payouts

Fear of delay over loan scandal payouts

Getty Images People who were mis-sold finance deals when they bought cars can delay potential compensation payouts. A decision by judges at the Court of Appeal has blown open an ongoing saga into hidden commission payments, with buyers potentially in line for payouts totaling billions of pounds. Now the Financial Conduct Authority (FCA) is consulting … Read more

Spirit Airlines stock plunges 60% as the company reportedly prepares to file for bankruptcy

Spirit Airlines stock plunges 60% as the company reportedly prepares to file for bankruptcy

Spirit Airlines stock (SAVE) fell as much as 64% early Wednesday, the most on record, as the budget airline explores a deal with creditors to restructure its debt amid a reported threat of bankruptcy following merger talks with Frontier (ULCC) collapsed. On Tuesday, a Wall Street Journal report said the airline is preparing to file … Read more

Old National Bank Launches Digital Finance Education Suite with Podcast, Video Series

Old National Bank Launches Digital Finance Education Suite with Podcast, Video Series

Old National Bancorp (NASDAQ: ONB) launches two new digital financial education initiatives: the Real-Life Finance Podcast and Smart Money Half-minute video series. Hosted by Director of Financial Empowerment Ben Joergens, the podcast focuses on everyday financial solutions, while the weekly videos feature young adults sharing financial management advice. The initiatives … Read more