Saturday 22 April 2023

How to stop AI going rogue


Artificial intelligence is improving so fast that no one knows what it might be capable of. It brings huge opportunities, but also huge risks. Arjun Ramani, The Economist's global business and economics correspondent, explains what could go wrong.

Finfluencers! How Good is Popular Personal Financial Advice?


The term “Finfluencer” refers to a person who by virtue of their popular or cultural status has an outsize impact on investor decisions through social media influence. According to Sue Guan of Santa Clara University, a variety of finfluencers exist in today’s markets, ranging from simple celebrities that draw people's attention like Kim Kardashian to corporate personalities like Elon Musk or Ryan Cohen to ordinary investors who develop followings on YouTube, TikTok, and other social media platforms. In today's video we examine how the advice of well-known personal finance influencers like Dave Ramsey and Robert Kiyosaki compares to the advice of academics.

Friday 21 April 2023

Why the World Should Care About Credit Suisse’s Downfall


Switzerland’s secret bank accounts and political neutrality turned the small Alpine nation into a financial giant. Now the demise of Credit Suisse, one of its two big banks, has shaken global finance and created a megabank in UBS that comes with new and potentially bigger risks. 
Bloomberg journalists trace the history of Swiss banking and how the ramifications of the Credit Suisse crisis extend far beyond the country’s borders.

How Tap-to-Pay Works - The Tech Behind


From Apple iPhones to New York City subway turnstiles, tap-to-pay use in everyday American life is growing, thanks in part to its security and ease of use. But tap-to-pay and its small near field communication antennas are more complicated than they look. 
WSJ takes you inside one of Square’s card readers to break down the tech that works in seconds to power contactless payments.

Friday 14 April 2023

The Rise and Fall of Richard Branson


Sir Richard Branson is one of the most successful and high profile businessmen in the world. But his recent business ventures; Virgin Galactic, Virgin Orbit, and Virgin Hyperloop have become disasters.

Thursday 13 April 2023

Jamie Dimon Warns Banking Crisis 'Is Not Yet Over!'



Jamie Dimon, the chief executive of JPMorgan Chase, warned that the banking crisis 'not yet over' in an annual letter to shareholders just weeks after the collapse of three US banks. He said he didn't expect the turmoil to lead to a global crisis like in 2008, noting that it involved "involved fewer players and fewer issues". But he warned the impact would linger.

Donald Trump's Criminal Charges: A Legal Analysis



Former U.S. President Donald Trump has been charged with 34 felony counts of falsifying business records after a Manhattan grand jury voted to indict him for his alleged role in arranging a hush-money payment to porn star Stormy Daniels.

Ashby Jones of the Wall Street Journal explains what you need to know about the charges.
 
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