Mustafa Suleyman warns against the creation of entirely unbounded, autonomous advanced AI systems

Interest rates are a key tool banks use to compete for lending opportunities and for depositors’ funds. When setting rates, banks balance their market share with short- and long-term profitability considerations, alongside risk management

Taxpayers would pay the tab on a majority of any electricity price reductions, while renationalising the sector entirely could cost $20 billion

US consumer sentiment data quite negative and financial markets follow; Canada jobs surprise; China data positive; Taiwan stars again; UST 10yr at 4.08%; gold and oil firms slightly; NZ$1 = 56.2 USc; TWI-5 = 60.8