Chinese AI Sparks Competition, Potentially Easing Inequality
New Chinese AI models are challenging U.S. dominance, creating competition that could drive down costs and benefit consumers, potentially mitigating AI-driven inequality.

New Chinese AI models are challenging U.S. dominance, creating competition that could drive down costs and benefit consumers, potentially mitigating AI-driven inequality.

A resurgence of Somali piracy, fueled by regional conflicts and stretched naval resources, is adding significant costs and delays to global shipping.

More than half of tradespeople report a significant increase in late payments, forcing many to chase debts and adapt business practices amidst...

Jerome Powell's eight-year tenure as Federal Reserve Chair concludes this week, prompting an NPR discussion with former Philadelphia Fed President Patrick Harker.

Canada's unemployment rate climbed to 6.9% in April, while central banks signaled inflation concerns. Meanwhile, Enbridge, Brookfield, and Aritzia report strong growth...

Intimidation and fear of violent repercussions keep victims of illegal money lenders from reporting them, despite crippling debt and threats. BBC Investigations...

Minister François-Philippe Champagne reaffirmed the government's commitment to payments modernization and the Real-Time Rail at The Payments Canada SUMMIT, emphasizing its role...

Little Village, a London-based baby bank, reports a significant increase in families needing support, with some parents facing extreme hardship and isolation.

Insurity challenges legacy core system vendors' "agentic AI" promises, arguing they fail to deliver real cost and timeline reductions for insurance carriers....