Bloomberg Consulting firm Accenture has a new tool to help businesses detect and eliminate gender, racial and ethnic bias in artificial intelligence software. Companies and governments are increasingly turning to machine-learning algorit-hms to help make critical decisions, including who to hire, who gets insurance or a mortgage, who receives government benefits and even whether to grant a prisoner parole. One ...

Bloomberg US inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment. The consumer price index rose 0.2 percent from the previous month and 2.8 percent from a year earlier, matching estimates, a Labor ...

Bloomberg President Donald Trump’s summit with North Korean leader Kim Jong-un produced a historic handshake but all of the work to make the deal a reality lies ahead, with no benchmarks for progress, follow-up meetings scheduled or even common agreement on what success would look like. The lack of any details contributed to an air of skepticism in Washington about ...