Marketing

Citi CEO Meets Trump on Fannie, Freddie Public Offerings

Citi CEO Meets Trump on Fannie, Freddie Public Offerings

By Todd Gillespie and Catherine Lucey Citigroup Inc. Chief Executive Officer Jane Fraser met with President Donald Trump on Wednesday to pitch public stock offerings for mortgage giants Fannie Mae and Freddie Mac. Fraser met with Trump to discuss the bank’s possible involvement in monetizing the Federal National Mortgage Association and Federal Home Loan Mortgage Corp., the firms that have been under government […]

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Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

BY CHRISTOPHER RUGABER WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high. Minutes of the May 1 meeting, released Wednesday, showed that […]

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Can ChatGPT recession-proof a company? Some businesses are banking on it.

Can ChatGPT recession-proof a company? Some businesses are banking on it.

By Andy Medici – Senior Reporter, The Playbook, The Business Journals Small-business owners are worried about how long they could survive a potential recession, but many believe AI tools like ChatGPT could help them weather an economic downturn. A survey of 700 business owners by B2B Reviews found about 25% of businesses believe they couldn’t last more than […]

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