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Oil eases as US production resumes after storm, rig count rises By Reuters

Oil eases as US production resumes after storm, rig count rises By Reuters

By Laila Kearney NEW YORK (Reuters) -Oil prices edged lower on Friday as U.S. Gulf of Mexico crude production resumed following disruptions caused by Hurricane Francine, while the country’s rig count jumped this week. futures…

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Creative life after death − or yes, you can control spinoffs from beyond the grave

Creative life after death − or yes, you can control spinoffs from beyond the grave

Michael Crichton, the creator of “ER” and author of “Jurassic Park,” died in 2008. So why is his estate suing Warner Bros. now? It turns out that when Crichton agreed to develop the “ER” series,…

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A billionaire and an engineer have completed the first private spacewalk. But this isn’t just a vanity project

A billionaire and an engineer have completed the first private spacewalk. But this isn’t just a vanity project

Two astronauts have carried out the first-ever commercial spacewalk, using new less-bulky spacesuits designed by SpaceX. Tech billionaire Jared Isaacman (who also funded the mission) and SpaceX engineer Sarah Gillis together spent almost half an…

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Gold prices hit record high as rate cut bets build By Investing.com

Gold prices hit record high as rate cut bets build By Investing.com

Investing.com– Gold prices hit a record high in Asian trade on Friday, buoyed by persistent speculation that the Federal Reserve will cut interest rates in the coming week, while increased safe haven demand in the…

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Central banks should be independent of government. But our research shows they are under political pressure

Central banks should be independent of government. But our research shows they are under political pressure

In 2023, central banks, which manage the monetary policy of a country, faced unprecedented financial losses – the US Federal Reserve alone reported a record US$114.3 billion (£86 billion) operating loss. Losses like this have…

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Can AI talk us out of conspiracy theory rabbit holes?

Can AI talk us out of conspiracy theory rabbit holes?

New research published in Science shows that for some people who believe in conspiracy theories, a fact-based conversation with an artificial intelligence (AI) chatbot can “pull them out of the rabbit hole”. Better yet, it…

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Oil rises 3% as storm batters US Gulf of Mexico production By Reuters

Oil rises 3% as storm batters US Gulf of Mexico production By Reuters

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 3% on Thursday as producers assessed the damage to output in the U.S. Gulf of Mexico after Hurricane Francine tore through offshore oil producing areas…

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Building bridges: the case for better data and coordination for the non-bank sector

Building bridges: the case for better data and coordination for the non-bank sector

Speech by John Schindler, Secretary General of the Financial Stability Board, at the Eurofi Financial Forum 2024 in Budapest The views expressed in these remarks are those of the speaker in his role as FSB…

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west Africa’s online scammers are training others in fraud and sextortion

west Africa’s online scammers are training others in fraud and sextortion

As the world becomes increasingly connected, digital fraud has evolved from a local problem into a global one. West Africa, particularly Ghana and Nigeria, is witnessing the rise of “hustle kingdoms” – informal academies that…

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Instead of banning kids from online spaces, here’s what we should offer them instead

Instead of banning kids from online spaces, here’s what we should offer them instead

Banning children under 16 from social media sounds like a seductive idea. For overwhelmed parents navigating their kids’ lives in a digital age, this move from the Australian government may seem like welcome relief. But…

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