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Warren Buffett Compares AI Risks To Those Posed By Nuclear Weapons: 'The Genie Is Out Of The Bottle'
Warren Buffett is warning that the risks posed by rapid AI development are reminiscent of a geopolitical issue that defined much of his career.
Growing Number Of Options Traders See No Fed Cuts In 2026
Traders focused on options are increasingly pricing out expectations for any Federal Reserve interest rate cuts in 2026.
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Allianz Chief Economic Advisor El-Erian Says Core Inflation ‘Keeps Rising’
El-Erian told CBS “Face The Nation” on Sunday that he predicts the headline inflation “will probably come down to around 8%”.
BOE’s Bailey Has a Message for Funds: ‘You've Got Three Days’ to Wind Up Positions
BoE Governor Bailey warned fund managers they have until the end of this week to wind up positions that they can’t maintain.
Musk’s Twitter Buyout Gambit Is Getting Costlier by the Day
Twitter Inc., will face an annual interest burden of nearly $1.2B on its debt - a problem that’s only going to get worse as rates continue to rise.
Larry Summers Has a Plan for Financing Global Survival
Governments must approve a bold new mandate for the World Bank to tackle sustainability for the first time, otherwise the institution will fail.