Innovation in investing is a focus for many firms on Wall Street.
Will Kinlaw, Head of Research & Advisory at State Street Global Exchange, was with us to explain the company's investable indices that they just launched for institutional investors.
State Street is embracing a new investment model, rolling out investable indices. The company announced it had developed and begun licensing rules-based investment strategies for institutional investors.
Kinlaw has stressed that "this is not smart beta or thematic investing." Instead, the firm is focused on an active strategy in rules-driven index.
Described as hallucination, confabulation or just plain making things up, it's now a problem for every business, organization and high school student trying to get a generative AI system to compose documents and get work done.
Amazon is adding video telemedicine visits in all 50 states to a virtual clinic it launched last fall, as the e-commerce giant pushes deeper into care delivery.
U.S. employers posted fewer jobs in June, a sign that the red-hot demand for workers that has been a key feature of the post-pandemic economy is cooling a bit.
