The big problem with artificial intelligence right now isn’t that it’s taking over; it’s that it’s being entrusted with serious tasks with real-world consequences before it works properly. It’s the equivalent of letting self-driving cars operate in a city without lane markings. A viral post published on Medium by artist James Bridle is the latest case in point. Bridle took ...

Bloomberg In the eyes of Morgan Stanley, bond traders would be wise to remember November 15. That’s when the Labor Department releases October inflation data, the final reading of the consumer price index before the Federal Open Market Committee begins its two-day meeting next month. Officials are widely expected to raise interest rates again, with the market pricing in a ...

Bloomberg The stock market actually can go down. US equities posted the first weekly loss in more than two months as investors turned leery after congressional Republicans made little progress in passing tax cuts. Shares that would benefit most from a lower levy burden led declines, though selling spread to economically sensitive stocks as credit markets flashed warnings signs about ...