but on capitol hill wednesday, eight us bank ceos said that s unnecessary and issued a warning that new regulations will hurt the economy and credit markets. the rule would have predictable and harmful outcomes to the economy, markets, business of all sizes and american households in ways that the federal reserve has not studied, contemplated or shared. the hearing is part of the senate banking committee s annual oversight of big banks and what a year it s been. regional bank failures, including silicon valley bank and signature bank, dominated the early part of the year. the ceo said wednesday that the industry is on steady footing and that large banks like theirs helped stabilize the industry after early 2020. the industry after early 2023 s failures. the hearing is an opportunity to win favour on capitol hill, especially from moderate democratic senators. but the real audience is the regulators responsible for the final language and implementation of the rule. google has h
the full effect of higher rates has yet to be felt but households and businesses are coping. for now. plus ripe for transformation. how developments in al are starting to bear fruit in the push for more sustainable agriculture. we are looking at the top business stories. we start in beijing where china s president, xijinping is hosting european union leaders for their first in person summit meeting since 2019. and there is one huge number that is looming over the talks. 400 billion euros. that s roughly the size of china s trade surplus with the eu the difference between what they sell to europe, and what europe sells to china. european commission president ursula von der leyen says it s because of china s unfair support for its industries which means its products are flooding global markets and threaten to undermine europe s industrial base. china says the complaint doesn t make sense when the eu stops it from buying certain sensitive technology such as advanced ch
more resilient and people have thought, especially in items such as cars, tvs as well as electric machinery. those items are the largest value and have been importing very well. china s exporter asean also include continued to increase and that is behind a big backdrop of industrial allocation because many of the companies are starting to see the overseas market will probably be very different in a few years and they need to de risk from china. few years and they need to de-risk from china.- few years and they need to de-risk from china. there has been a lot de-risk from china. there has been a lot of de-risk from china. there has been a lot of concern - de-risk from china. there has l been a lot of concern expressed about the chinese economy in general, and as we look at the overarching picture, is reason to be a bit optimistic some encouraging indicators, or is it too early to say? demand remains low. remains low. china s main economic remains low. china s main eco
will hurt the economy and credit markets. the rule would have predictable and harmful outcomes to the economy, markets, business of all sizes and american households in ways that the federal reserve has not studied, contemplated or shared. the hearing is part of the senate banking committee s annual oversight of big banks and what a year it s been. regional bank failures, including silicon valley bank and signature bank, dominated the early part of the year. the ceo said wednesday that the industry is on steady footing and that large banks like theirs helped stabilize the industry after early 2023 s failures. the hearing is an opportunity to win favour on capitol hill, especially from moderate democratic senators. but the real audience is the regulators responsible for the final language and implementation of the rule. google has hailed another era in artificial intelligence. gemini has advanced to reasoning capabilities and in its own words, think more carefully. it is an up
the rule would have predictable and harmful outcomes to the economy, markets, business of all sizes and american households in ways that the federal reserve has not studied, contemplated or shared. the hearing is part of the senate banking committee s annual oversight of big banks and what a year it s been. regional bank failures, including silicon valley bank and signature bank, dominated the early part of the year. the ceo said wednesday that the industry is on steady footing and that large banks like theirs helped stabilize the industry after early 2023 s failures. the hearing is an opportunity to win favour on capitol hill, especially from moderate democratic senators. but the real audience is the regulators responsible for the final language and implementation of the rule. google has hailed another error in artificial intelligence. gemini has advanced to reasoning capabilities and in its own words, think more carefully. it is an upgrade two the existing ai chat bot accor