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CFTC files to dismiss CME lawsuit over crypto perpetual futures
The CFTC’s lawyers called the lawsuit “much ado about nothing,“ claiming that the CME Group lacked standing to file and argued against its claims over crypto perpetual futures.
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SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
The Securities and Exchange Commission today issued a proposal to rescind its “pay-to-play” rule that prohibits investment advisers from providing compensated investment advisory services to a government client for two years…
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The big August jobs report is due out Friday. Here’s what to expect for what has been a jobless summer
August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.
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Vance says Fed should lower interest rates: ‘Would be nice to have some help’
Vice President J.D. Vance’s remarks came less than two weeks before the Federal Open Market Committee is set to convene and decide whether to adjust rates.
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And it begins…(a good start…)
Wall Street banks are pushing large law firms to cut fees, arguing that the business model that has enriched top lawyers for decades is not sustainable in an era of AI. Morgan Stanley and Citigroup have told major law firms they want to set up new payment arrangements that would save them money, the banks’…
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Why Legora isn’t building its own model
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OpenAI says it has overtaken Anthropic with its latest AI model
ChatGPT maker claims its ‘Astra’ could be considered ‘artificial general intelligence’
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Revolut clears first hurdle to US banking licence
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SEC Investor Advisory Committee to Host Sept. 10 Meeting
The Securities and Exchange Commission’s Investor Advisory Committee will host a public meeting at the SEC Headquarters in Washington D.C. on Sept. 10 at 10 a.m. ET to discuss artificial intelligence technologies in the public markets and the SEC’s…
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The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
Broadcom beat earnings estimates and raised AI chip guidance, projecting $115 billion in FY2027 and $230 billion in FY2028 AI semiconductor sales as Anthropic and OpenAI grow as XPU customers.
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