The Federal Reserve raised interest rates by a quarter of a percentage point this month and officials signaled that another hike is possible later this year; now is the time to work on your credit. Your credit score — a three-digit number between 300 and 850 — is a key player in determining how much…
My latest opinion piece for Reuters is out this morning. And while I am very concerned about the financial market bubble in AI, I am veery hopeful for the technology as such. And ironically, it could help us deal with our government ddebt issues. LONDON, Sept 24 (Reuters) – AI promises to deliver significant productivity…
LONDON (Sept 24): AI promises to deliver significant productivity gains to individuals and businesses, but could it also help developed market governments reduce their budget deficits and pay down debt? It might. The estimated productivity gains from AI are highly uncertain. Chicago Federal Reserve Board economist Ezra Karger and his colleagues recently surveyed economists, superforecasters, AI experts,…
Hackney Council recorded 6,723 social housing tenants in arrears during 2025/26, owing a combined £11.3 million. That is an improvement on 2021/22, when more than 8,200 tenants were behind, but the underlying debt remains substantial. More than 4,900 of those tenants were receiving Universal Credit or Housing Benefit, a reminder that arrears are concentrated among…
AI Could Help Governments Cut Debt Through Productivity Gains AI could offer governments more than productivity gains for individuals and businesses. If it significantly boosts economic growth, it could also help developed-market governments reduce budget deficits and lower debt burdens. The potential impact remains uncertain. However, higher productivity could increase corporate profits and real wages,…
A Malaysian internet celebrity once known online as “Genting’s little queen” and famous for promoting gambling is now working as a Grab driver after reportedly losing his fortune and racking up about RM1 million (S$313,000) in debt. Arron Lim, 48, recently shared on his Facebook page that he has been working as ride-hailing service driver…
6 minutes ago News Duration 5:38 closed caption When Marcy Barbaro turned to an online support group to escape a predatory HVAC contract, she thought an industry insider named Raymond Stephens was her lifeline — only to lose $17,500 and sink further into debt. A CBC investigation by Ariana Kelland reveals that “Stephens” was actually…
AI Could Help Governments Escape Their Debt Trap, But There’s a Catch Modern Diplomacy Read the original article here
COMMENTARY: AI could help governments cut debt — but unevenly Reuters Read the original article here
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