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UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China

The investment comes as the U.K. hosts its landmark AI safety summit, which is being held in Bletchley Park, the home of the World War Two codebreakers.

DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024

"I do think rates are going to fall as we move into a recession in the first part of next year," Gundlach said on CNBC's "Closing Bell" on Wednesday.

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Credit Suisse intervention avoided 'financial crisis,' Swiss National Bank chairman says

Swiss National Bank Chairman Thomas Jordan said the central bank's interventions during the fall of Credit Suisse were "crucial" to avoid a "financial crisis."

Stanley Druckenmiller says government needs to stop spending like 'drunken sailors,' cut entitlements

Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years.

Biden administration to crack down on ‘junk fees’ in retirement plans

The U.S. Department of Labor proposed rules Tuesday to rein in financial conflicts of interest in 401(k) plans and individual retirement accounts.

Why working longer is a bad retirement plan

There's often a big gap in expectations versus reality when it comes to retirement age.

UK confirms plans to regulate crypto industry with formal legislation

The U.K. government published its response to a consultation paper issued earlier this year, which recommended how the crypto industry should be regulated.

HSBC post-tax profit surges over 235% year-on-year for quarter ending September

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Suze Orman: ‘Big mistake if you park your money forever in bonds’

Personal finance expert Suze Orman believes there's a “lifetime opportunity” in the stock market.

It may take $10 million to achieve 'financial freedom,' say 'Earn Your Leisure' hosts

It's hard for most people to attain financial freedom, but trying will leave you better off, said Rashad Bilal and Troy Millings of podcast "Earn Your Leisure."
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