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☆ Zuck's new AI drop is cool and all, but he's still playing catch-up with Sam Altman
▼ + stars: | 2024-04-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Mark Zuckerberg just dropped Meta's new AI models. Bt what Llama 3 does not do is beat OpenAI's GPT-4. AdvertisementPerhaps the most important detail was that Meta's open-source models will soon be on par with their closed-source counterparts. For open-source AI developers, that'll be a huge deal. The AI models they were working on looked pretty rudimentary as recently as last year as they struggled to complete sentences without repeating themselves.

Persons: Mark Zuckerberg, OpenAI's GPT, —, Meta, Nick Clegg, Claude, OpenAI's, that'll, Sharon Zhou, Sam Altman's, Sam Altman, Justin Sullivan, Google's, That's, Jim Fan, Altman, Zuckerberg, Gary Marcus Organizations: Service, Financial, Google, GPT, Nvidia, Facebook, New York University

☆ China's inaction on Iran has 'undermined' its influence in the Middle East, analyst says
▼ + stars: | 2024-04-16 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

China's restrained silence on the Middle East conflict is tipping the scales of regional influence back in the U.S.' favor, according to one analyst. "[Beijing's] role has been less pronounced than many expected, and actually I think it's undermined the sense of growing Chinese influence and confidence in the region," Julien Barnes-Dacey, director of the Middle East & North Africa program at the European Council on Foreign Relations, said on CNBC's "Street Signs" Tuesday. Last week, world leaders entreated China to use its considerable influence as a key trade partner to sway Tehran away from a direct attack against Israel, after an Israeli strike killed several top Iranian commanders in Damascus. Roughly 99% of these projectiles were eliminated by Israel, with help from the U.S., the U.K., France and Jordan. Since then, the specter of Israeli retaliation and a broader conflict in the Middle East has loomed large, with Washington stressing its commitment to Israeli defense and world leaders urging calm.

Persons: Julien Barnes, Dacey, Israel — Organizations: European Council, Foreign Relations, Israel Locations: U.S, Africa, China, Tehran, Israel, Damascus, Iran, Strait, Hormuz, France, Jordan, Washington

☆ Oil price surge is the No. 1 threat to the US economy, Moody’s economist warns
▼ + stars: | 2024-04-08 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

But there is a growing threat to that sunny economic backdrop: surging oil prices. Global oil prices are flirting with $92 a barrel amid worries about a wider war in the Middle East. US oil prices surged above $87 a barrel late last week for the first time since late October, leaving them up about 21% this year. First, drone attacks on oil refineries deep inside Russia helped lift oil prices last month. Beyond the Middle East tensions, oil and gas prices have been boosted by OPEC and its allies, which continue to restrain supply.

Persons: “, ”, Mark Zandi, Moody’s, Donald Trump, Trump, ” Zandi, hasn’t, Andy Lipow, Brent, ” Helima Croft, Joe Brusuelas, ” Brusuelas, Brusuelas, Vincent Reinhart, Mellon, ” Reinhart, he’s, Patrick De Haan, ” De Haan Organizations: New, New York CNN, Federal Reserve, Wall, CNN, “, Iranian Revolutionary Guards, Lipow Oil Associates, CIA, RBC Capital Markets, RSM, AAA, OPEC, Lipow Locations: New York, Iran, Russia, Syria, Israel, Quds, “

☆ We're buying more of this cyber stock as we wait for it to leave the penalty box
▼ + stars: | 2024-04-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following the trade, Jim Cramer's Charitable Trust will own 300 shares of PANW, increasing its weighting to 2.5% from 2.28%. Specifically, Arora said he has been "very excited" about the response he has received from customers about the platformization change. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer's, Nikesh Arora, Arora, that's, There's, Jim Cramer, Jim Organizations: Palo Alto Networks, PANW, Alto, Palo, CNBC Locations: Palo Alto, billings

☆ Boebert continues stoking controversy amid intense battle to keep her job
▼ + stars: | 2024-04-05 | by ( Melanie Zanona | ) edition.cnn.com time to read: +10 min

“It hasn’t encumbered her job performance,” GOP Rep. Byron Donalds of Florida told CNN. I’m not afraid of a challenge though,” Boebert told CNN before the House left for a two-week break. And unfortunately, I’ve had a front row seat,” Boebert told CNN. “I did it because we don’t have to have two separate elections and cost the taxpayers two separate elections,” he told CNN. And she’s probably made more jokes about her own stupidity in that movie theater than I’ve heard elsewhere,” one GOP lawmaker told CNN.

Persons: Lauren Boebert, Donald Trump, Boebert, Trump, MAGA, carpetbagging –, Byron Donalds, we’re, I’m, ” Boebert, ”, Ken Buck, –, Buck, Greg Lopez, “ Greg, they’re, “ You’ve, Buck Still, Mike Johnson, Boebert’s, There’s, I’ve, “, ” Buck, Marjorie Taylor Greene –, She’s, Lauren Organizations: CNN, Colorado Republican, New York Young Republican, Trump, GOP, Pueblo Jobs, Democrat, Republican, Colorado Republicans, Boebert, Democratic, “, Caucus, Freedom Caucus Locations: Denver, Manhattan, Colorado, Florida, Colorado’s, Boebert

☆ 'Almost impossible': Inside Biden's uphill battle to win the backing of key anti-Trump Republicans
▼ + stars: | 2024-04-04 | by ( Brian Schwartz | ) www.cnbc.com time to read: +9 min

There is already an effort underway by wealthy Biden donors to recruit Haley's bundlers and contributors. The Biden Victory Fund raises money for the Biden campaign, the Democratic National Committee and dozens of state parties. "Everyone, including Republican voters who reject Trump's chaos, division, and violence, has a home in President Biden's campaign," said Munoz, the Biden campaign aide. The ads will feature onetime Trump voters explaining why they decided not to vote for him again. A political action committee called "Haley Voters for Biden" is also trying to persuade Haley voters to support Biden, according to Semafor.

Persons: Joe Biden, Sara Stathas, Donald Trump, Biden, Nikki Haley's, Kevin Munoz, Haley, Trump, Nikki Haley, Allison Joyce Allison Joyce, Liz Cheney, Chris Christie, Cheney, Christie, Biden outraised Trump, Haley's bundlers, Haley bundlers, MAGA, X George Conway, Conway, Biden's, Munoz, Bill Kristol, Reagan, Team Biden, Bill Kristol Michael Brochstein, Mike Madrid, Chris Sununu, Joseph Prezioso Organizations: Hillside Boys, Girls Club, Bloomberg, Getty, Democratic, Republican Party, Republican, CNBC, Former U.S, United, REUTERS, Reuters, Democratic Biden, Trump, Biden, New, New Jersey Gov, Republicans, Democratic National Convention, CNN, Trump Republican, South, GOP, Biden Victory Fund, Fund, Democratic National Committee, Haley Republicans, WI, Team, Against Trump, Trump PAC, Lincoln, UN, New Hampshire, Winnacunnet, School, AFP Locations: Milwaukee , Wisconsin, Charleston , South Carolina, U.S, Wyoming, New Jersey, South Carolina, Madrid, Hampton , New Hampshire

According to the Biden campaign, the event brought in more than $25 million. That fund-raising haul further tips the scales in the money race between Donald J. Trump and Mr. Biden — a race that, so far, the Democrats have been winning. And when two candidates are as well known as Mr. Biden and Mr. Trump, there might be a limit to what money can buy. This week, we speak with the longtime Democratic donor Robert Wolf about the Radio City fund-raiser and why he has donated to Mr. Biden. And Shane Goldmacher, a national political correspondent for The New York Times, explains the vast financial gap between the candidates.

Persons: Biden, Barack Obama, Bill Clinton, Biden’s, Stephen Colbert, Mindy Kaling, Queen Latifah, Donald J, Trump, Biden —, hasn’t, Robert Wolf, Shane Goldmacher Organizations: Radio City Music Hall, Democratic, Radio City, Mr, The New York Times

☆ How vast swarms of drones could transform the future of war
▼ + stars: | 2024-04-01 | by ( Tom Porter | ) www.businessinsider.com time to read: +9 min

Drone swarms use cutting-edge technology derived from studying bird flocks and fish shoals to coordinate their movements across a potentially vast area. Advertisement"Autonomous, armed drone swarms should have restrictions on their use, especially drone swarms targeting humans. Ochmanek stressed that targeting decisions for drone swarms should still be made by humans, with AI only synthesizing the data. AdvertisementCountering the swarmsAs well as developing plans to deploy drone swarms, defense companies are working on a playbook for countering them. Another possibility, said Ochmanek, is that drone swarms could be programmed to target other drone swarms.

Persons: —, Zak Kallenborn, David Ochmanek, Ochmanek Organizations: Service, RAND Corporation, Business, Center for Strategic, International Studies, Iraq, United Nations Locations: China, US, Israel, Europe, Ukraine

☆ Supersonic planes will replace conventional jets in our lifetime, says aviation CEO
▼ + stars: | 2024-03-30 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +9 min

It’s a milestone moment in the highly anticipated new era of supersonic travel. Now, 10 years after the Boom Supersonic project began in 2014, CEO Blake Scholl tells CNN Travel over video call, there are an exciting few months ahead. “The advent of digital engineering is a huge enabler for why supersonic flight’s coming back,” explains Scholl. Courtesy Boom Supersonic‘If we have faster airplanes, we don’t need as many’He also argues the case for other efficiencies offered by faster flight. Scholl says, “2024 is going to be one of the biggest years yet for supersonic flight.

Persons: Blake Scholl, ”, Scholl, “, Lockheed Martin’s, We’ve, “ There’s, it’s, we’ll Organizations: CNN, Mojave Air, Space, CNN Travel, ”, French Concorde, NASA, Lockheed, “, Concorde, SAF, American Airlines, United Airlines, Japan Airlines Locations: Colorado, California, Soviet, British, French, Atlanta, Concorde, Mojave , California, London, New York, Greensboro , North Carolina

☆ The upcoming solar eclipse will cause shallow, cumulus clouds to disappear. Researchers explain why
▼ + stars: | 2024-03-30 | by ( Ayurella Horn-Muller | ) edition.cnn.com time to read: +11 min

That’s at least what scientists expect to take place in swaths of Mexico, Canada and the United States during April 8’s total solar eclipse. They discovered that cumulus clouds dissipate during eclipses because of the relationship between solar radiation and the formation processes of the clouds. Shallow cumulus clouds, in particular, serve a critical function. But what exactly shallow cumulus clouds’ role is when it comes to the rapidly warming climate remains a long-standing subject of uncertainty in the scientific community. De Roode hopes those across North America gearing up for the next solar eclipse remember to keep an eye out for any vanishing low-lying cumulus clouds.

Persons: CNN —, ”, Victor Trees, Jake Gristey, Gristey, “, Kevin Knupp, Knupp, Stephan de Roode, de Roode, ” de Roode, ’ Gristey, De Roode, Ayurella, Muller Organizations: CNN, Environment, geoscience, Delft University of Technology, cumulus, Cooperative Institute for Research, Environmental Sciences, University of Colorado Boulder, University of Alabama, Climate Locations: Mexico, Canada, United States, Netherlands, Africa, Huntsville, North America, Axios

☆ Why this artist is making ink from guns
▼ + stars: | 2024-03-28 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +10 min

Nearly 43,000 people died from gun injuries across the US in 2023, according to the database Gun Violence Archive. Red, for example, requires roasting the iron sulfate; yellow, the more finnicky hue, is the result of mixing the iron sulfate with an alkali like baking soda. Because of the time and labor involved to make the pigments, Little only produces them in “special batches” for artists who seek them out. It’s like gun violence in that this small thing can do so much, and it’s so potent.”Little's large batch of ink for the artist Christina Kwan, who has been experimenting with his materials. Thomas LittleKwan says she has anxiety over gun violence in the US, particularly after the birth of her child.

Persons: CNN —, Thomas Little, Little, “ I’ve, ” Little, ”, —, Little's van, Helen Hill, “, Smith, Thomas Little Black, he’s, I’ve, Christina Kwan, Kwan, ” Kwan, Aram Han Sifuentes, Han Sifuentes, Han, Thomas Little Kwan, Christina Kwan Little, ’, ” He’s, lightheartedly Organizations: CNN, Beretta, Wesson, National Liberty Museum Locations: North Carolina, Little’s, New Orleans, Sampson County, Atlanta, Little, Chicago, Philadelphia

☆ Mortgage demand stalls, even as interest rates moderate
▼ + stars: | 2024-03-27 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

The usually busy spring housing market is underway, but mortgage demand isn't moving. Mortgage rates today are still about a half a percentage point higher than they were at this time last year, so recent borrowers have no incentive to refinance. "Purchase applications were essentially unchanged, as homebuyers continue to hold out for lower mortgage rates and for more listings to hit the market," said Joel Kan, an MBA economist in a release. Mortgage rates have basically moved sideways to start this week and are unlikely to change until next week, when more economic data is set to be released. "If inflation falls a bit more or if the economy shows marked signs of weakening, it would tip the scales in favor of lower rates."

Persons: Joel Kan, Matthew Graham Organizations: Mortgage, Mortgage News Locations: Miami , Florida

☆ Trader Joe's has raised the price of one of its most popular products for the first time in over 20 years
▼ + stars: | 2024-03-25 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

One of Trader Joe's most popular products has just gotten its first-ever price increase. The popular grocery store chain recently raised the price of its individually-sold bananas by roughly 20%, to 23 cents from 19 cents. Trader Joe's bananas have cost 19 cents apiece since the chain first started selling them individually back in 2001. The never-changing price tag became a selling point for the fruit, with signage at some Trader Joe's locations boasting about the store's refusal to increase the cost of potassium-rich produce. The 19-cent bananas have proved so popular over the years that they recently made the Trader Joe's Product Hall of Fame.

Persons: we've, romaine, Joe's, Dan Bane, Bane, Sonny, they've Organizations: Hall of Fame, CNBC

☆ Trial shocker: Jurors can hear about a 2015 Trump Tower meeting that prosecutors say was a hush-money huddle hosted by Trump
▼ + stars: | 2024-03-19 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewIn a blow to former President Donald Trump's prospects in his upcoming Manhattan felony trial, the judge ruled Monday that jurors can hear about a Trump Tower meeting where prosecutors say Trump was physically present as hush money was discussed. News of the August 2015 meeting and Trump's involvement was first revealed in November 2018 by The Wall Street Journal. The Trump Tower meeting is key to understanding that allegation, Merchan wrote. Prosecutors allege the 2015 Trump Tower meeting involved discussions of how the supermarket tabloid could publish flattering stories about Trump and negative stories about his opponents, the judge wrote. Advertisement"The Court grants the People's motion with respect to the introduction of evidence surrounding the Trump Tower Meeting," he wrote.

Persons: —, Donald Trump's, Trump, Stormy Daniels, Karen McDougal —, Michael Cohen, Daniels, McDougal, Cohen, David Pecker, Juan Merchan, Merchan, Pecker Organizations: Service, Trump, Wall Street, Business, CNN, American Media Inc, National Enquirer, Prosecutors, AMI Locations: Manhattan

There's a host of stocks that can still benefit from the artificial intelligence craze besides Nvidia , according to analysts. As investors look for AI plays beyond Nvidia, CNBC Pro used FactSet data to screen for stocks in the technology and semiconductor space that should see significant earnings growth in the future. Analysts anticipate year-over-year earnings per share for 2024 will grow by 39.5% and advance by 48.7% in 2025. Management said on the company's earnings call that sequential growth is expected throughout 2024, with the second half of the year being stronger than the first. Other stocks that can expect to see huge earnings growth moving forward include Super Micro Computer , audio and imaging technologies developer Dolby Laboratories and Ultra Clean Holdings .

Persons: Jensen Huang, Christopher Danely, Evercore, Fabless chipmaker SiTime, It's, SiTime Organizations: Nvidia, Conference, Bank of America, CNBC Pro, Devices, Citi, AMD, Seagate Technology, Evercore ISI, Seagate, Management, Micro, Dolby Laboratories, Clean Holdings

☆ Blueberry grown in Australia breaks record as world’s heaviest
▼ + stars: | 2024-03-15 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —A giant blueberry that tips the scales at a whopping 20.4 grams (0.71 ounces) officially entered the record books this week. The fruit was picked on November 13 and the record for heaviest blueberry was confirmed this week, a spokesperson for Guinness World Records told CNN on Friday. It was grown in Corindi, New South Wales, Australia, by staff at blueberry grower Costa Group. The previous record for heaviest blueberry was held by a 16.20-gram (0.57-ounce) berry grown in Western Australia in 2020, according to Costa, which develops new varieties of blueberries that can be grown in different conditions. And in August 2019 a monster grapefruit broke two records and became the world’s heaviest and largest grapefruit by circumference.

Persons: Brad Hocking, “, ” Hocking, ”, Hocking, Chahi Ariel Organizations: CNN, Guinness World Records, Records Locations: Corindi , New South Wales, Australia, Western Australia, Costa, chihuahua

☆ WeightWatchers CEO just sent an internal memo to employees as stock crashes, amid debt concerns, Oprah exit
▼ + stars: | 2024-03-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But since then WW shares have suffered heavy selling, dropping to a new 52-week low on Thursday. The stock, due to its debt load and short interest, as well as the general anxiety about the impact of the new weight loss drugs, is subject to heightened volatility. In the memo, Sistani told employees she wanted "to take a moment to address some of the breathless media coverage." WW shares closed at $1.87 on Thursday. It noted that WW was among companies from the weight loss industry involved in the TV event.

Persons: Oprah Winfrey, Sistani, Eli Lilly, Sima Sistani, Guggenheim, Oprah, Winfrey Organizations: CNBC, Nordisk, Guggenheim Partners, Guggenheim, WeightWatchers Clinic, FDA, WeightWatchers, National Museum of, ABC

☆ Mars could be creating 'giant whirlpools' deep within our planet's oceans
▼ + stars: | 2024-03-13 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Mars may be 140 million miles away, but its gravitational pull could be impacting Earth's oceans. Scientists at the University of Sydney in Australia believe the red planet's tug is creating "giant whirlpools" in the oceans called eddies, which can shift the deep-sea floor. This, they claim, is part of a 2.4-million-year climate "grand cycle" on Earth that has been ongoing for at least 40 million years. The red planet's orbit and ours are locked in an intricate dance, and every so often, these line up so that Mars' gravitational pull on Earth is just a little more intense — this is called resonance. This information is crucial when refining models helping us see how our planet's intricate climate will progress over time.

Persons: Adriana Dutkiewicz, NASA's, Dietmar Müller, Malin, Matthew England, Benjamin Mills, wasn't, Mills Organizations: Service, University of Sydney, Business, NASA's Goddard Space, geosciences, Nature Communications, Mars NASA, JPL, Systems, University of New, New, University of Leeds Locations: Australia, Japan, New, University of New South Wales, Sydney

☆ Playing with dogs may help you relax and focus, study finds
▼ + stars: | 2024-03-13 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —If you decompress by playing with dogs or checking their adorable videos on social media, you might be onto something. Playing with your dog may not just be good for your pet — it could also benefit your emotional health, according to a new study. The authors measured participants’ brain waves, using electroencephalogram tests, or EEGs, for three minutes during each activity. Different activities had varying effects on participants’ brain waves. Grooming, playing and gently massaging the dog was linked with strengthened beta-band oscillation, which is associated with heightened attention and concentration.

Persons: ”, Onyoo Yoo, Yoo, ” Yoo, Colleen Dell, Dell, wasn’t, Tiffany Braley, Garrett, Braley, you’re Organizations: CNN, Goodboy, Wellness, University of Saskatchewan, Neurology, University of Michigan Locations: Seoul, Seongnam, South Korea, Canada

☆ How Fed Chair Jerome Powell's big decision could impact the upcoming presidential election
▼ + stars: | 2024-03-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Fed Chair Jerome Powell's rate-cut decision could impact the upcoming presidential election . The decision, which has massive economic implications, is now butting up against another monumental event: a US presidential election. AdvertisementThe collision course puts an incredible amount of power in Fed chair Jerome Powell's hands , Business Insider's Emily Stewart writes. The two Wall Street titans are no longer expecting a recession , with inflation cooling and the job market holding steady. Recent graduates are adjusting their career expectations amid signs that the job market is starting to weaken, according to labor experts.

Persons: —, Jerome Powell's, Powell, Chip Somodevilla, Matt Rourke, Sarah Silbiger, Alyssa Powell, Emily Stewart, It's, He's, Biden, Robert Alexander, Getty, Joe Biden, David Rosenberg, it's, BEOWULF SHEEHAN, Tyler Le, Carrie Sun, Chase Coleman, Jamie Dimon, Ray Dalio, Chelsea Jia Feng, Elon Musk, Tesla, Musk, Lily Lyman, who's, Dealogic, Anson Chan, Lil Wayne, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Bloomberg, Getty, Federal Reserve, Trump, Wall, titans, Chelsea, Tesla, Nvidia, BI, Medical Properties Trust Locations: Powell, New York, London

☆ A woman started working out in her 20s but didn't get shredded until her 50s. Here's what she wishes she'd known at the start.
▼ + stars: | 2024-03-09 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +12 min

Susan Niebergall worked out for decades but didn't lose fat until she addressed her nutrition. All I knew was that I wasn't eating much, I was hungry, and I had no idea how to maintain it." "I didn't track anything, I just started eating smaller portions. A little while after, Niebergall started to track calories and protein, which helped her learn how much she should be eating. Niebergall doesn't track her food intake anymore, but she's still focused on her performance goals.

Persons: Susan Niebergall, it's, —, Susan Niebergall couldn't, Niebergall, she's, she'd, I'm, Jordan Syatt, Syatt, It's Organizations: Service, Mayo Clinic, Research, Syatt's

☆ North Korea showcases artillery that poses a deadly threat to the South
▼ + stars: | 2024-03-07 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

Seoul, South Korea CNN —North Korea on Thursday showed off its long-range artillery systems, thousands of weapons that it could use to strike the South with little warning while causing tens of thousands of casualties, according to experts. North Korean leader Kim Jong Un observed both drills and was seen in photos provided by state media. North Korean artillery fires during large-scales exercises on March 7. Even retaliatory strikes by South Korea and the US would be difficult to execute, the report said. In January, Kim called the South the North’s “primary foe and invariable principal enemy” and ordered a reunification monument in the North Korean capital to be demolished.

Persons: Kim Jong, Kim Jong Un, Kim, “, KCNA Kim, ” Organizations: South Korea CNN, South Korean, Korea’s Defense, Monday, North, Korean Central News Agency, Korean People's Army, South Korean Defense Ministry, Peninsula . Artillery, RAND Corp, RAND, ROK, DPRK, U.S, South Locations: Seoul, South Korea, North Korea, United States, Pyongyang, Ukraine, Russia, Korean, Republic of Korea

☆ Private payrolls rose by 140,000 in February, less than expected, ADP reports
▼ + stars: | 2024-03-06 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday. Companies added 140,000 positions for the month, an increase from the upwardly revised 111,000 in January but a bit below the Dow Jones estimate for 150,000. Other industries showing solid gains included trade, transportation and utilities (24,000), finance (17,000) and the other services category (14,000). Of the total, 110,000 came from the services sector while goods producers added 30,000. In recent months, ADP has consistently undershot the closely watched report from the Bureau of Labor Statistics, which showed an increase of 353,000 in January, more than triple the ADP estimate.

Persons: Dow Jones, Nela Richardson Organizations: Companies, Labor, ADP, Bureau of Labor Statistics

While a number of AI systems have been found to discriminate, tipping the scales in favor of certain races, genders or incomes, there’s scant government oversight. Those bills, along with the over 400 AI-related bills being debated this year, were largely aimed at regulating smaller slices of AI. The use of AI to make consequential decisions — what the bills call “automated decision tools” — is pervasive but largely hidden. The AI was trained to assess new resumes by learning from past resumes — largely male applicants. Requirements to routinely test an AI system aren’t in most of the legislative proposals, nearly all of which still have a long road ahead.

Persons: ChatGPT, ”, Suresh Venkatasubramanian, Taylor Swift, —, Christine Webber, Mary Louis, Louis, California’s, Craig Albright, ” Albright, it’s, Rebecca Bauer, Kahan, what’s, Trân Organizations: DENVER, Congress, Brown University, The Software Alliance, Fortune, Commission, Pew Research, Amazon, BSA, Microsoft, Associated Press Locations: statehouses, chatbots, California, Connecticut, guardrails, Massachusetts, Washington, Colorado, Rhode Island , Illinois , Connecticut, Virginia, Vermont, That’s, Sacramento , California

☆ As gold scales all-time highs, Wall Street analysts say it has even further to go
▼ + stars: | 2024-03-05 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

An employee handles one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices pushed higher Tuesday after futures pricing for the precious metal notched fresh records in the previous two sessions — with analysts seeing strength lasting at least into the second half of the year. Spot gold was trading 0.7% higher at $2,129, though market-watchers note that in real terms, adjusted for inflation, gold is well below past peaks. In a Monday note, analysts at Citi described themselves as "medium-term bullion bulls," calling a 25% probability of gold averaging a record $2,300 per ounce in the second half. Citi describes gold as a developed market "recession hedge," and increasingly see tailwinds from uncertainty around the U.S. election in November.

Persons: Donald Trump Organizations: Co, Citi, Berenberg Locations: Bangkok, Thailand, London, Ukraine, Gaza

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