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Regulators scrutinizing insurtech for 'unfair discrimination': Connecticut Insurance Department's Kosky
By Isha MaratheApril 17 - (The Insurer) – As emerging technologies like generative artificial intelligence and agentic AI are integrated into insurance workflows, U.S. state regulators are collaborating on ways to get a peek into the algorithmic "black box," hoping to tamp down on unfair di...
Reuters
Thu, Apr 17
Other
Russia using new mass assault tactics on battlefield, Kyiv says
By Yuliia Dysa and Max Hunder KYIV, April 17 (Reuters) - Russian forces are trying out a new tactic of larger-scale assaults involving several hundred troops, according to Ukraine's military, as Kyiv girds for a new offensive push from its bigger adversary more than three years into a full-sc...
Reuters
Thu, Apr 17
Stocks
EMERGING MARKETS-Latam stocks, FX set for weekly gains; Turkey in focus
MSCI Latam stocks index up 0.26%, FX up 0.38%Argentina posts $527 mln energy trade surplus in MarchEcuador appoints Sariha Belen Moya as new economy ministerBy Pranav Kashyap and Johann M Cherian April 17 (Reuters) - Indexes tracking Latin American currencies and stocks were poised for weekly gai...
Reuters
Thu, Apr 17
Forex
World economy, markets functioning well despite trade tensions, IMF's Georgieva says
WASHINGTON, April 17 (Reuters) - The world's real economy is functioning well despite massive uncertainty over escalating tariff wars, with a strong labor market and a solid financial system, International Monetary Fund Managing Director Kristalina Georgieva said on Thursday but she noted negati...
Reuters
Thu, Apr 17
Other
U.S. RESEARCH ROUNDUP- Cognex, Equifax, Netflix
April 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cognex, Equifax and Netflix on Thursday.HIGHLIGHTS* Cognex Corp CGNX.O: Daiwa Capital Markets cuts to outperform from buy* Coherent Corp COHR.N: JP Morgan cuts tar...
Reuters
Thu, Apr 17
Cryptocurrencies
Oklahoma Out Of Strategic Bitcoin Reserve Race After Senate Tax Committee Rejects Bill
Oklahoma’s Senate has voted against the Strategic Bitcoin Reserve (SBR) bill introduced in January, leaving it out of the race to establish crypto-based reserves at the state level in the US. Related Reading: Swedish Bitcoin Reserve Proposal: Lawmakers Urge Finance Minister To Follow US SBR Steps Ok...
Bitcoinist
Thu, Apr 17
Cryptocurrencies
Ripple Whale Activity Surges—Will $273 Million XRP Transfer Shake The Market?
Recent happenings with whales have caused turbulence in the XRP market. A transaction of 131 million XRP tokens, which is around $273 million worth, has sent jitters among investors. This occurrence comes during the tough battle of XRP in attempting to cut through the resistance at $2.16. Related Re...
NewsBTC
Thu, Apr 17
Commodities
ARA oil product stocks rise 3.3%, Insights Global data shows
LONDON, April 17 (Reuters) - Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub climbed by 3.3% on the week, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 6.09 million metric tons, their highest since mid Mar...
Reuters
Thu, Apr 17
Stocks
Better Artificial Intelligence (AI) Stock: Alphabet vs. Nvidia
Tech giants Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Nvidia (NASDAQ: NVDA) are among the businesses at the forefront of artificial intelligence (AI), making them compelling AI investments. Each offers a different aspect of the AI ecosystem to invest in.Nvidia is a leader in the semiconductor hard...
The Motley Fool
Thu, Apr 17
Cryptocurrencies
Dogecoin (DOGE) Lacks the Firepower for More Than a 4x Rally in 2025; Investors Are Looking Into This Emerging Token Just Starting Its Rally
Dogecoin (DOGE) shows little sign of breaking through resistance barriers as experts project a maximum 4x price increase to $0.29 during 2025 only if prices sustain above $0.17. Market sentiment about Dogecoin remains uncertain because it depends primarily on giddy social media momentum even though its price rose 20% within one week to $0.1659. During […]
Cryptopolitan
Thu, Apr 17
Stocks
UnitedHealth tumbles on annual profit forecast cut; drags down sector
** Shares of UnitedHealth Group UNH.N slump 20.6%, set for its worst day in over 26 years, after the insurance bellwether cuts its annual profit forecast on higher costs; sparks slide across sector** UNH cuts its annual adjusted profit forecast to a range of $26 to $26.50 per share from between $29....
Reuters
Thu, Apr 17
Commodities
US Cash Grains-Soy processors increase basis bids in Midwest
CHICAGO, April 17 (Reuters) - Spot basis bids for soybeans increased at processing facilities in the U.S. Midwest on Thursday amid a lack of farmer selling during the planting season, grain dealers said.* The soy basis jumped by 10 cents per bushel at a processor in Council Bluffs, Iowa, and by 7 ce...
Reuters
Thu, Apr 17
Other
Neptune Flood makes leadership changes, promotes Duffy to president
By Mia MacGregorApril 17 - (The Insurer) - AI-driven MGU Neptune Flood has expanded its leadership team with three promotions and one new appointment, including the promotion of Matt Duffy to president.Duffy, who joined Neptune in July 2021, was promoted from managing director to president. In his n...
Reuters
Thu, Apr 17
Other
Lockton names DiLullo first US industry practice leader
By Mia MacGregorApril 17 - (The Insurer) - Lockton has appointed Chris DiLullo as its first U.S. industry practices leader. DiLullo has been with the company for more than two decades, most recently serving as Northeast industry practice leader. Over the course of his tenure, he has held various le...
Reuters
Thu, Apr 17
Stocks
Sun Country Airlines descends to record low as CFO departs to head Spirit
** Shares of low-cost carrier Sun Country Airlines SNCY.O down 5.9% at $9.29 on Thurs as its finance chief leaves to take the reins at struggling rival Spirit Airlines SAVEQ.PK** SNCY shares slumped as much as 9.5% early Thurs to record low of $8.93** Spirit on Thurs appointed Dave Davis as new CEO,...
Reuters
Thu, Apr 17
Stocks
Kinder Morgan rises as annual profit forecast remains unchanged
** Shares of Kinder Morgan KMI.N rise 1.6% to $27.35** The pipeline operator left its annual profit forecast unchanged on Wednesday, relying on the anticipated increase in natural gas demand, despite uncertainties from President Donald Trump's tariffs** KMI expects to post an adjusted profit of ...
Reuters
Thu, Apr 17
Other
CANADA RESEARCH ROUNDUP-Bombardier, Information Services, Stantec
April 17 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bombardier, Information Services and Stantec on Thursday.HIGHLIGHTS * Bombardier BBDb.TO: National Bank of Canada raises target price to C$107 from C$103* Franco-Nevada Corp FNV....
Reuters
Thu, Apr 17
Cryptocurrencies
AERGO drops over 65% following Binance manipulation allegations
AERGO price has fallen 63% in the past 24 hours following a series of controversial actions by the Binance exchange. The significant drop comes after AERGO recorded a 248.1% gain over the past 14 days, a period during which it was one of the market’s top performers. Suspicious timing triggers manipulation allegations AERGO’s price decline […]
Cryptopolitan
Thu, Apr 17
Stocks
Oil firms rise after US issues new Iran sanctions
** S&P 500 energy index .SPNY rise 2.4%, tracking gains in crude prices O/R** Brent Crude futures LCOc1 up 1.3% at $66.69/barrel and U.S. West Texas Intermediate crude CLc1 rise 1.5% to $63.39/barrel** Crude prices rose to the highest in two weeks amid low liquidity ahead of the Easter holidays ...
Reuters
Thu, Apr 17
Stocks
AmEx profit beats expectations as card spending holds up
By Arasu Kannagi Basil and Niket NishantApril 17 (Reuters) - American Express AXP.N beat Wall Street estimates for first-quarter profit on Thursday, as its affluent customers shrugged off fears of a slowdown to continue spending on travel and entertainment.The credit card giant also stuck to its pr...
Reuters
Thu, Apr 17
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