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AI can’t do your Christmas shopping just yet – but next year might be different

AI can’t do your Christmas shopping just yet – but next year might be different

I’m a computer scientist and a bad Christmas shopper. Over the weekend, I wondered whether AI systems might be able to help me out. Could I just prompt ChatGPT to pick a personalised gift for…

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Oil drops as dour economic outlook adds to oversupply concerns By Reuters

Oil drops as dour economic outlook adds to oversupply concerns By Reuters

By Shariq Khan NEW YORK (Reuters) -Oil prices fell on Thursday after central bankers in the U.S. and Europe signaled caution over further easing of monetary policy, fanning concerns that weak economic activity could dent…

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What are pharmacy benefit managers? A health economist explains how lack of competition drives up drug prices for everyone

What are pharmacy benefit managers? A health economist explains how lack of competition drives up drug prices for everyone

Wegovy and Ozempic are weight loss drugs that promise to transform the treatment of obesity, heart disease and other chronic conditions that afflict millions of Americans. But while everyone agrees these drugs have the potential…

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YouTube populists are driving South Korea’s political instability. It’s a warning for the rest of the world’s democracies

YouTube populists are driving South Korea’s political instability. It’s a warning for the rest of the world’s democracies

In the space of three weeks, South Korea has seen a brief declaration of martial law, its sudden repeal and the impeachment of its president, Yoon Suk Yeol. One underappreciated driver of the recent drama…

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Gold prices rebound from Fed-driven rout, hawkish comments cloud outlook By Investing.com

Gold prices rebound from Fed-driven rout, hawkish comments cloud outlook By Investing.com

Investing.com– Gold prices rebounded from a one-month low on Thursday as the Federal Reserve lowered interest rates as expected, although the central bank’s hawkish stance on future rate cuts clouded the outlook for bullion. Gold…

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Why the Justice Department is suing a software company to stop landlords colluding on rents − a practice that costs renters billions

Why the Justice Department is suing a software company to stop landlords colluding on rents − a practice that costs renters billions

Of all the reasons it could be hard to pay rent each month, did you have an algorithm-powered illegal cartel on your list? Millions of people across the United States are paying far more rent…

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AI will continue to grow in 2025. But it will face major challenges along the way

AI will continue to grow in 2025. But it will face major challenges along the way

In 2024, artificial intelligence (AI) continued taking large and surprising steps forward. People started conversing with AI “resurrections” of the dead, using AI toothbrushes and confessing to an AI-powered Jesus. Meanwhile, OpenAI, the company behind…

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Oil settles up after US crude stocks fall, Fed’s 2025 outlook curbs gains By Reuters

Oil settles up after US crude stocks fall, Fed’s 2025 outlook curbs gains By Reuters

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled higher on Wednesday after inventories fell and the U.S. Federal Reserve cut interest rates as expected, but gains were capped as the Fed signalled it would slow…

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Rules against insider trading also boost innovation, research finds

Rules against insider trading also boost innovation, research finds

Strong enforcement of insider trading laws doesn’t just protect investors – it encourages businesses to be more innovative, according to our new peer-reviewed research. In fact, we found that after a company is hit with…

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Book notes: A fly on the RBI wall: an insider’s view of the central bank, by Alpana Killawala

Book notes: A fly on the RBI wall: an insider’s view of the central bank, by Alpana Killawala

Alpana Killawala, A fly on the RBI wall: an insider’s view of the central bank, Rupa Publications, India, 2024, 232 pages When I suggested a review of this book to the editor at Central Banking…

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