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Dollar Falls Back After FOMC Results Have a Dovish Tint

1 day 6 hours ago
The dollar index (DXY00 ) traded higher in the morning but fell after the FOMC outcome, ending the day -0.22% lower. The FOMC left its federal funds rate target unchanged at 3.75-4.00% by a vote of 10-2, with two FOMC members (Cook and Hammack) dissenting and favoring a rate hike....

Dollar Falls Back After FOMC Results Have a Dovish Tint

1 day 6 hours ago
The dollar index (DXY00 ) traded higher in the morning but fell after the FOMC outcome, ending the day -0.22% lower. The FOMC left its federal funds rate target unchanged at 3.75-4.00% by a vote of 10-2, with two FOMC members (Cook and Hammack) dissenting and favoring a rate hike....

Charles Schwab Integrating AI Tools and Financial Planning

1 day 6 hours ago
Charles Schwab is expanding its push into artificial intelligence, bringing Anthropic’s Claude for Financial Advisors directly into Schwab Advisor Center. The company says it is the first RIA custodian to offer Anthropic’s advisor-specific AI to independent firms. Alison Dooher, Head of AI at Schwab Advisor Services, joins Bloomberg Businessweek Live from Schwab IMPACT Summit in Boston to discuss how AI is changing the financial advice landscape. (Source: Bloomberg)