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Regulators take aim at AI to protect consumers and workers

NEW YORK (AP) — As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when they’re using AI. Already, automated systems and algorithms help determine credit ratings, loan terms, bank account fees, and other aspects of our financial lives. AI …

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Stock market today: Asian shares mostly lower after Wall Street retreat deepens

TOKYO (AP) — Shares in Asia were mostly lower on Wednesday after Wall Street’s ugly September got even worse, with benchmarks dropping back to where they were in June. Tokyo’s Nikkei 225 lost 0.4% to 32,192.94. In Hong Kong, the Hang Seng advanced 0.7% to 17,585.27. The Shanghai Composite index added 0.3% to 3,112.54. In …

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Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday

TOKYO (AP) — Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes. Trading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong. That followed media reports that the chairman of Evergrande, Hui Ka Yan, had been taken away earlier this month …

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Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher

BANGKOK (AP) — Asian markets were mixed on Friday, with only a few open due to public holidays across the region. U.S. futures and oil prices edged higher. Tokyo’s Nikkei 225 index was down 0.3% at 31,764.01. In Bangkok, the SET declined 0.5%. Australia’s S&P/ASX 200 added 0.4% to 7,054.40. India’s Sensex gained 0.4%. Markets …

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US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection

WASHINGTON (AP) — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged. The second-quarter expansion of the nation’s gross domestic product — its total output of goods and services — marked …

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