• Mon, May 5, 2025

by: Ghanaweb.com

GEXIM seeks strategic partnerships to finance Ghanaian businesses

In line with President John Dramani Mahama's agenda to position Ghanaian businesses as key drivers of economic growth, the Ghana Export-Import Bank (GEXIM) is pursuing strategic partnerships with development partners, development finance...

by: Tacoma News Tribune

Pierce County businesses that recently announced closures

One business said cost increases made it hard to stay competitive while keeping fair trade promises.

by: dpa international

From finance to defence: Prominent SPD faces in Germany's new Cabinet

Germany's Social Democratic Party (SPD) on Monday revealed its ministerial line-up for the country's new Cabinet under incoming chancellor Friedrich Merz. Only Defence Minister Boris Pistorius remains in his position from Chancellor Olaf Scholz's outgoing administration, with the SPD team set to be fronted by party co-leader Lars Klingbeil as vice chancellor and minister. Here is a selection of the names to know from the SPD leadership. Vice Chancellor and Minister: Lars Klingbei

by: CNBC

4 of the best business credit cards for new businesses

Recently launched a business and looking for financing? These credit cards may be easiest for new businesses to get.

by: AOL

Bill Ackman: Trump tariffs on China should be paused and taken down

On April 9, the Trump administration announced a 90-day pause on all reciprocal tariffs except for those on goods from China. Tariffs on one of the US's most important trading partners now stand at 145% — a 125% reciprocal tariff and the 20% Trump previously levied.

by: Forbes

Orchestrating The Future: Digital Finance Architecture Using Modern Cloud ERP Solutions

The transformation of finance is well underway, and a modern digital finance architecture is critical for organizations that want to stay ahead.

by: ThePrint

Finance minister Sitharaman urges ADB to stop funding terror-backer Pakistan

New Delhi, May 5 (PTI) Finance Minister Nirmala Sitharaman on Monday made a strong pitch to ADB to stop giving funds to Pakistan as it backs and supports terror activities, sources said. During her bilateral meeting with ADB President Masato Kanda in Milan, Italy, Sitharaman urged the multilateral funding agency to put a check on […]

by: CNN

'Tell us the plan': Hear Trump-supporting business owner's message to the president | CNN Business

CNN's Jake Tapper speaks with Steven Borelli, CEO and founder of Cuts Clothing and a supporter of President Donald Trump, about how he feels about Trump's trade war and its impact on small businesses.

by: KTVI

Trial begins as Brentwood businesses fight to keep storefront

Businesses in Brentwood have their day in court against the City of Brentwood. Multiple businesses have sued the city to stop the city's blight declaration of a stretch of Manchester Road.

by: Reuters

Poisonous rumours and pink smoke - busy time for conclave whisperers

Throughout history, there has been no shortage of outside attempts to influence the outcome of a conclave to elect a new pope, either by European monarchs, Italy's noble families or even Romans who rioted in the streets to stand by their man. The campaigns to sway the outcome of a highly uncertain conclave started in earnest minutes after the announcement of Pope Francis' death on Easter Monday and must end by Wednesday afternoon when the cardinal electors will be cut off from the outside world until they choose a successor. Two episodes, in particular, have stood out as deliberate attempts to sabotage leading contenders for the papacy using underhand tactics.

by: Fortune

OpenAI's big reversal on its planned restructuring may replace one problem for another

OpenAI has dropped a plan to turn itself into a fully for-profit company. But the about-face raises a lot more questions.

by: PBS

NJ Spotlight News | Business Report: NJ's manufacturing momentum | Season 2022

NJ manufacturers say their biggest challenge is finding enough workers

by: Patch

Bridgeport Announces New Small Business Partnership

The city's Small & Minority Business Enterprise Office has lined up a new partnership.

by: CNN

How are you managing federal student loan debt? | CNN Business

A record-high percentage of student loan borrowers are delinquent, and the federal government is resuming collections on accounts in defaults. These developments are coming at a time when steep tariffs threaten to increase already high costs of living.

by: Reuters

Google has launched new film and TV production wing, Business Insider reports

The initiative, called "100 Zeros", is a multi-year partnership with Range Media Partners, a talent firm and production company known for its work on films including "A Complete Unknown" and "Longlegs", according to the report on Monday. Alphabet-owned Google is looking to boost the visibility and adoption of its newer offerings including AI and spatial computing tools that blend the physical and virtual worlds through the initiative, which backed the marketing of indie horror film "Cuckoo" last

by: Fortune

This common 401(k) mistake could cost you thousands of dollars a year. Here's how to roll over to maximize retirement savings

Don't leave money on the table.

by: ThePrint

India demands Italy cut financing to Pakistan

Milan [Italy], May 5 (ANI): India has demanded that the Italian government cut the financing to Pakistan, as New Delhi continues to extend its punitive moves against Islamabad in the aftermath of the Pahalgam terror attack. Sources told ANI that the demand was made at a meeting between Finance Minister Nirmala Sitharaman and her Italian […]

by: PBS

NJ Spotlight News | Business Report: Inflation rising | Season 2022

August inflation report prompts early Wall Street sell-off

by: Forbes

Here Are 6 Personal Finance Lessons From 'Star Wars'

This article discusses six key finance lessons from some of the characters and stories the Star Wars franchise.

by: CNN

FCC commissioner calls CBS investigation 'penalty' | CNN Business

FCC commissioner Brendan Carr doesn't view his investigation into CBS as "a threat" to the broadcaster.

by: Forbes

Big Models, Bad Math: The GenAI Problem In Finance

While GenAI has its uses, its current form falls short of meeting the rigorous demands of financial applications.

by: Fortune

Intel's new CEO invested at least $200 million in Chinese businesses, some with links to the country's military, report says

There is no evidence that Tan currently invests directly in companies on the U.S. Treasury's Chinese Military-Industrial Complex Companies List, according to Reuters.

by: Fortune

OpenAI reverses course and says its nonprofit will continue to control its business

The California attorney general's office said, "This remains an ongoing matter — and we are in continued conversations with Open AI."

by: CNN

How the Middle East is future-proofing its tourism sector | CNN Business

From travel trends to technologies, here's how the Middle East is investing in new strategies and infrastructure to keep tourists coming.

by: CNN

How tourism in the Middle East made a comeback | CNN Business

International arrivals to the Middle East have surpassed pre-pandemic levels.
  • Tue, May 6, 2025

by: KWTX

Temple business responds to multiple vehicle theft with new security measures

Temple business owners are stepping up their security after learning thefts are on the rise.

by: ZDNet

How IBM's new AI solutions ease deployment and integration for your business

IBM unveils a suite of enterprise-ready agents, data integration tools, and much more.

by: WESH

Orlando exploring new permit for businesses operating near homes after midnight

This would impact new bars in Orlando serving alcohol after midnight if they are within 300 feet of residentially-zoned areas.

by: NerdWallet

Survey: Women's Finances More Precarious Than Men's - NerdWallet

A NerdWallet survey shows that women are less likely than men to have gotten a raise in the last year and some are dependent on their partner financially. Here are a few ways women can put themselves in a better money position this year.

by: Newsweek

Katy Perry business deal sparks fury

The singer has announced a campaign with chocolate brand, Milka.

by: Forbes

The New Administration's First 100 Days And Small Business

While the full impact of the new Administration's executive orders will not be seen for weeks to months to years, here is a lay of the current land for small businesses.

by: Impacts

The Forecast Architect: Sushma Kukkadapu's Revolution in Enterprise Finance

In an era where technology drives global economies and enterprise agility hinges on digital foresight, Sushma Kukkadapu emerges as a quiet yet powerful force shaping the evolution of enterprise systems. Drawing on her wealth of industry knowledge in designing high-impact infrastructure, automation frameworks, and AI-enabled platforms, Kukkadapu's work is helping companies transition from legacy dependencies […]

by: Kiplinger

How to Get Your Finances Back on Track After a Divorce

Taking charge of your money after a divorce will feel daunting, especially when you're faced with a lower income. The key is tackling your to-do list in stages.

by: Forbes

Trump's Tariff Threat To Hollywood Sparks More Questions Than Answers

Also in the Forbes CFO newsletter: A mixed bag of economic indicators, the case for shared ownership of data security and a compliance toolkit for small businesses.

by: Impacts

XRP News: Five Powerful Use Cases That Make Vaultro Finance The S&P 500 of Crypto World

As the decentralized finance space continues to mature, Vaultro Finance is emerging as one of the most promising protocols built on the XRP Ledger (XRPL). Designed to simplify crypto investing through tokenized, on-chain index funds, Vaultro is being hailed by early adopters as "the S&P 500 of the crypto world." This recognition is not just […]

by: BBC

Gossip: Reds prepare for busy summer transfer window

Liverpool are set to spend big in the summer, with the Reds in the market for a new left-back, centre-back and striker. Talksport) Outgoing right-back Trent Alexander-Arnold is poised to sign a six-year contract with Real Madrid, which will take effect from 1 July. The Athletic - subscription required) Alexander-Arnold rejected the offer of a significant pay rise to remain at Anfield beyond the end of this season.

by: BBC

Holmfirth businesses 'frustrated' by ongoing town revamp work

The ongoing construction work in Holmfirth is causing traffic jams, mess and noise, say shop owners.

by: Forbes

Businesses' Role In Solving The Retirement Crisis

Businesses have a growing opportunity and responsibility to help address the retirement crisis.

by: Fortune

Exclusive: Bustle Group's Nylon is launching a free, invite-only club for 'young tastemakers' that aims to reinvent media business models

Nylon, the magazine owned by Bryan Goldberg's Bustle Digital Group, is launching a new membership program in late 2025 around a community of tastemakers and influencers.

by: Patch

What's Opening In Clinton? A Look At New Businesses

Here is a list of businesses that were formed in Clinton from Mar. 28 through Apr. 24, 2025.

by: CNN

Tesla sales plunge across Europe | CNN Business

Tesla's sales continue to plunge across Europe, even as car buyers there increasingly turn to electric vehicles.

by: Forbes

5 ChatGPT Prompts To Dominate In Business

Use these ChatGPT prompts to dominate your industry. Silence the noise, play to win and create your own opportunities.

by: Fortune

Sir Richard Branson says history will remember this time as when the West's trust in America 'ended'

Branson lambasted the new Donald Trump administration, comparing current actions to Roosevelt hypothetically siding with Hitler in World War II.

by: Fortune

OpenAI's CEO just ditched a months-long effort to abandon non-profit control over its for-profit business

The California attorney general's office said, "This remains an ongoing matter — and we are in continued conversations with Open AI."

by: CNN

Businesses have found strange but legal ways to avoid Trump's tariffs | CNN Business

A few months ago, the words "bonded warehouse" and "harmonized system codes" might not have been on the minds of many American business owners. Now they're in a massive spotlight.

by: PBS

NJ Spotlight News | NJ's indoor capacity limit to increase to 35% for businesses | Season 2021

The increase will take effect on Friday, just ahead of Super Bowl weekend.

by: CNN

America's trading partners have a massive bazooka in the trade war. They may never use it. | CNN Business

One of America's closest allies recently raised eyebrows for threatening to fire the ultimate financial weapon against Washington in trade talks: Dumping US debt.

by: CNN

Jon Stewart lampoons Trump for his 'art of distraction' | CNN Business

"The Daily Show" host Jon Stewart lampooned President Donald Trump for his perceived ability to draw Americans' attention away from the ongoing news cycle.

Big Models, Bad Math: The GenAI Problem In Finance

While GenAI has its uses, its current form falls short of meeting the rigorous demands of financial applications.
The article "Big Models, Bad Math: The GenAI Problem In Finance" from Forbes Technology Council, published on May 5, 2025, discusses the challenges and risks associated with using generative AI (GenAI) in the financial sector. It highlights how the complexity and scale of large AI models can lead to errors and miscalculations that have significant consequences in finance, where precision is critical. The piece emphasizes the need for rigorous validation and testing of these models, as well as the importance of understanding their limitations. It also calls for increased transparency and accountability in the deployment of GenAI to mitigate risks and ensure that these technologies are used responsibly and effectively in financial applications.

Read the Full Forbes Article at:
https://www.forbes.com/councils/forbestechcouncil/2025/05/05/big-models-bad-math-the-genai-problem-in-finance/

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