An AI-Generated Spoof Rattles the Markets – The New York Times
A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences....
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How the technology behind ChatGPT could make mind-reading a reality – CNN
On a recent Sunday morning, I found myself in a pair of ill-fitting scrubs, lying flat on my back in the claustrophobic confines of an...
What is the debt ceiling, and what happens if the US hits it? – The Washington Post
House Republicans have locked the Biden administration in a standoff over a deadline to raise the national debt ceiling by early June, or risk fiscal...
Inflation Hit Americans’ Finances Last Year, Fed Finds – WSJ
Americans reported a sharp decline in their financial well-being last fall as high inflation eroded earnings and savings, according to a Federal Reserve survey released...
GLOBAL INSIGHT: Three Takeaways on the Emerging Market Outlook – Bloomberg
A US tightening cycle prompted most emerging markets to lift interest rates over the past 18 months — and pushed some toward debt crises. Elections...
Big investors rush into bonds after ‘cataclysmic’ year – The Financial Times
Large asset management groups are piling back into fixed income to lock in the higher yields on offer after a “cataclysmic” period of performance for...
Debt costs push UK borrowing higher than expected – BBC News
The UK government borrowed more than expected last month, with inflation pushing up interest payments on debt partly to blame. Borrowing, the difference between spending...
Corporate bankruptcies are on the rise — and the pain won’t end for a while – CNN
From Vice Media to Bed Bath & Beyond, bankruptcies are picking up again. Last week, corporate America had its worst 48-hour stretch of bankruptcies since...
Global container production slumps as demand for goods sinks – The Financial Times
Global production of shipping containers has slumped dramatically as demand for goods sinks following the easing of pandemic restrictions, leaving the corrugated steel boxes to...
Can carbon removal become a trillion-dollar business? – The Economist
“Today we see the birth of a new species,” declared Julio Friedmann, gazing across the bleak landscape. Along with several hundred grandees, the renowned energy...