Kaleigha Hayes, a student at the University of Maryland Eastern Shore, is trying to trick an AI chatbot into revealing to her a credit card number — one which may be buried deep in the training data used to build the artificial intelligence model. “It’s all about just getting it to say what it’s not … Read more
August 13, 2023 at 12:00 AM EDT I am old — I turn 60 next year. So I don’t believe in Santa Claus. I don’t believe in the Tooth Fairy. And I am pretty darned skeptical about Jay Powell’s “soft landing,” too. I’ve seen enough Fed chairs over the years to know that managing monetary … Read more
Programming note: Money Stuff will be off tomorrow and next week, back on Aug. 21. Enjoy a week of low volatility. Unless you are Elon Musk, in which case, enjoy whatever crazy stuff you’re going to get up to. If you have a bunch of trees, and you chop them down to make paper or … Read more
Is it possible for economic news to be a little too good? If many economic worries seem to be dwindling, is that reason to be scared? After periods of success, are economies due for a comeuppance — perhaps even for reasons stemming from their earlier achievements? What prompts these questions is the current US economy. … Read more
Peak inflation pain hasn’t passed for everyone in the UK. The headline rate may finally be falling, but shocks still lie in store for some people. Some of the loudest groans have been emanating from parents opening their private school fee demands for the coming academic year. I speak from rueful experience. My own bill … Read more
Default is a taboo most companies are keen to avoid. But sometimes, business operations demand it. Even the bond investors don’t mind. Country Garden Holdings Co., once China’s biggest real-estate developer by sales, is walking a tightrope. A scrapped share placement last week fueled concerns whether the company has enough money to repay its dollar … Read more
NatWest Group Plc got all the bad publicity last week after a political storm over its dealings with a provocative client led its chief executive officer to resign. But UK rival Barclays Plc was a bigger loser in the stock market and is still among the lowest valued major banks in Europe. Barclays’s second-quarter results … Read more
How did the fossil-fuel era begin? With Europeans heating their houses in winter. The Industrial Revolution would likely never have started if medieval Britain hadn’t turned to coal swept from the beaches of Northumbria to replace firewood from its dwindling forests. One of the world’s first air pollution laws was a 1306 proclamation prohibiting the … Read more
Record Heat Is Killing Summer Vacation for Hotels, Airlines, Beaches Bloomberg Source link