JPM Tried $1 Million Payoff To Bury Banker's Sexual Assault Claims Before Daily Mail Bombshell

Commodity Markets Are Living On Borrowed Time Authored by Helen Thomas via City AM, Governments and industry have softened the impact of energy and commodity supply disruptions by releasing reserves, reducing inventories, and increasing operational flexibility. These measures are temporary, and continued inventory drawdowns are pushing oil and metal markets toward historically tight conditions. Once inventories become critically low, higher prices may become the primary mechanism for balancing supply and demand, leading to weaker economic growth and lower consumption. Commodity markets have spent the past three months performing an extraordinary balancing act. Despite one of...

Pimco's Top-Performing 60/40 Fund Bets AI's Next Winners Are In Asia, From Chips To Rare Earths Emmanuel Sharef, who oversees Pacific Investment Management Co.'s flagship Balanced Income and Growth Fund, spoke with Bloomberg about how the next leg of the artificial-intelligence boom could be concentrated in Asian stocks and beyond.  Wealthy clients in Taiwan, Hong Kong, Singapore, and mainland China have been piling into the $19 billion fund, which has outperformed 97% of its peers during the past three years. The fund is underweight most hyperscalers and members of the Magnificent Seven...

What AI Doesn't Know - And Why It Matters Authored by Richard Porter via RealClearPolitics, Artificial intelligence has taken the wired world by storm, but the backlash came almost as fast. Progressives complain of job losses, environmentalists question the ecological impacts of huge data centers, and local activists are clamoring for assurances that household utility bills won’t skyrocket because of the centers’ voracious electricity requirements. Others simply worry that the technology will overwhelm humans’ ability to control it. At least in part, these reactions stem from the overselling of AI. AI is super...