Does regulating artificial intelligence save humanity or just stifle innovation?
Some people are afraid that heavily armed artificially intelligent robots might take over the world, enslaving humanity or perhaps exterminating us. These people, including tech-industry billionaire Elon Musk and eminent...
U.S. existing home sales rise sequentially in September
Existing home sales in the U.S. rose sequentially in September by 0.7 percent to 5.39 million, as compared to the consensus expectations of a slight moderation of 5.30 million. The rebound was mainly due to sales of...
Canadian retail sales volume drops slightly in August
Canadas retail sales dropped a bit in August, falling 0.3 percent sequentially. Removing the impact of prices, the performance was weaker, as volumes dropped 0.7 percent. In spite of strong sales growth among motor vehicle...
U.S. trade and currency account deficits likely to continue to expand, says Scotiabank
U.S. merchandise exports have recorded their greatest annual gains in half a decade, underpinned by a significant rebound in commodity exports and renewed strength in manufacturers. Increased prices of oil and minerals...
Australian headline inflation likely to have accelerated in Q3 on sharp rises in electricity, gas prices
The Australian headline inflation figure for the third quarter is expected to be dominated by the effect of the sharp rises in residential electricity and gas prices that came into effect via most of the country on 1...
Malaysia likely to project budget deficit of 2.9 percent of GDP in 2018 - OCBC
The Malaysian 2018 budget Shaping the Future is set to be announced at the end of this month, before the nations general election that is to be held before 24 August 2018. According to the OCBC Treasury Research, Malaysia...
Riksbank likely to keep repo rate on hold in October, says Nordea Bank
Swedish inflation has been both high and low, and the Riksbank is not comfortable with this trend, noted Nordea Bank. Thus, the central bank is expected to give soft signals in its upcoming monetary policy decisions next...
Malaysian headline inflation accelerates in September, likely to reach 3.8 pct in 2017
The consumer price inflation of Malaysia accelerated in the month of September, highlighting a more rapid rate of rise in transport costs, noted ANZ in a research report. On a sequential seasonally adjusted basis,...
German producer prices rise sequentially in September
Germanys producer prices rose in September on sequential terms as well as on year-on-year basis. The index of producer prices for industrial productions were up 3.1 percent year-on-year and 0.3 percent sequentially, showed...
Catalonia Crisis: Spanish banks to face stress test as independence group calls for mass withdrawal
Spanish banks operating in the Catalan region are set to feel the heat of the feud between Barcelona and Madrid. On Thursday, just before the deadline expired, Catalonias Independence leader Carles Puigdemont announced in...
Sweden’s labor supply rises sharply in September
Swedens labor supply rose sharply in September. Labor supply surged 0.6 percent, more than forecast. The jobless rate also rose more than expected to 6.8 percent. The labor market report for the month of September is...
Bank of Korea stands pat, likely to hike in coming months
The South Korean central bank, Bank of Korea, stood pat this morning. But it seems that a hike in interest rate is looming on the horizon, given the rebounding economic fundamentals and gradually rising inflation, noted...
Will Obamacare marketplaces suffer as open enrollment begins?
By Michael Morrisey -
Insights & Views
The Trump administrations executive order to some elements of the Affordable Care Acts administration is creating uncertainty as open enrollment for the health insurance marketplaces is set to start Nov. 1.
How will the...
Our laws don't do enough to protect our health data
By Sharona Hoffman -
Insights & Views
Have you ever wondered why your computer often shows you ads that seem tailor-made for your interests? The answer is big data. By combing through extremely large datasets, analysts can reveal patterns in your...
Terrorist leaders in the Philippines are dead – will democracy be restored?
By Jessica Trisko Darden -
Insights & Views
For almost five months, 21 million people in the southern Philippines have been living under martial law.
Philippine President Rodrigo Duterte declared martial law in the province of Mindanao in May in response to...
The IRS targeting scandal was fake, but IRS budget woes are a real problem
By Philip Hackney -
Insights & Views
Conservatives have been seething since 2013 over what they say was an unfair and imbalanced effort by the IRS to scrutinize right-leaning organizations more closely than other groups seeking nonprofit status.
As a new...
Facebook Is Testing Out Paywalls On Instant Articles
A new announcement by Facebook reveals that the social network will be implementing some changes with regards to one of its more popular services. It seems the social media giant is doing a new test that involves adding a...
Google Tells Uber It’s Over, Invests $1 Billion On Rival Company Lyft
It seems Google parent company Alphabet has finally decided to burn bridges with Uber. The two companies used to be in good terms, with the search engine giant even investing in the ride-hailing firm when it was just...
Richard Branson Throws Shade At Elon Musk, Essentially Calls Him Mars-Obsessed
The private space industry is currently dominated by SpaceX, which is owned by Elon Musk, but it has competitors in the form of Richard Bransons Virgin Galactic and Jeff Bezos Blue Origin. Recently, Branson threw a jab at...
Tree-Planting Deserves As Much Attention As Renewable Energy, Study States
The current effort to fight climate change is reducing carbon emissions by increasing reliance on renewable energy and basically reducing the use of fossil fuel. However, a recent study suggests that the world should also...
Sony To Start Putting Games On The Switch, Just Indie Games Though
Active participants in the gaming community are well aware of how stubborn Sony can be when it comes to porting video games to other platforms, especially when it comes to PlayStation exclusives. A division of the Japanese...
Samsung Creates 8-Nanometer Chips, Partners With Qualcomm For Mass Production
Samsung has done it again. The South Korean company is set to start mass-producing 8-nanometer low power plus chips (LPP) with the help of Qualcomm. The chip offers improvements in power consumption and performance in key...
Apple Still Refuses To Confirm Driverless Car Existence Despite Video Proof
Apple has always been a secretive company, keeping information on several of its projects under wraps until its ready to reveal anything. However, one would think that video clips of its self-driving car test popping up on...