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Robinhood to allow 24-hour weekend trading of US stocks as industry shifts to wider access
The Nasdaq and the London Stock Exchange are planning to extend trading hours as well
US Fed’s Williams sees no urgency for next rate hike
Fed officials are increasingly worried inflation will not get back to target in a timely manner
Trump rejects AI laws after tech titans agree to ‘self-police’ AI development
The US president shot down the idea of new regulations for AI, but signed an accord with top tech executives setting a “morally binding” set of voluntary safety commitments.
Anthropic warns investors its AI could pose ‘existential risks to humanity’
In the prospectus for its $US2 trillion sharemarket float, the company uses 80 pages to outline its AI models’ dangers, including unpredictable behaviours such as attempts to “resist shutdown” and “conceal or manipulate information.”
Asking for free dental care is like pulling teeth. But we still need to do it
I’m far from the only one delaying treatment. Like my wisdom tooth, though, the cost of keeping dental care unaffordable will probably only grow.
Dollar keeps climbing as oil, US yields stay high; jobs data looms
It is testing several-month highs against major peers
Greenback climbs as oil, US yields stay high
It is testing several-month highs against major peers
GXS wants more secured loans, targets second-hand car market
Its AutoLoan product, launched on Sep 9 for Grab drivers, is undergoing beta testing with consumers
Does diversification still work? Market concentration raises challenges
Due to the surge in AI as a theme in public equities, fixed income and real assets, exposure risk is rising
As competition heats up for your capital, active judgment helps discern risks and rewards
Investors need to understand where pricing power sits and which businesses capture profits