The FTSE and European stocks were higher on Thursday despite official figures confirming that the UK fell into a recession in the second half of 2023.
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Small Cap Growth Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. During the final months of the year, optimism prevailed due to news of reducing inflation and the potential for lower interest rates in 2024. The fund returned 13.64% (net) […]
U.S. federal agencies must show that their artificial intelligence tools aren't harming the public, or stop using them, under new rules unveiled by the White House on Thursday. “When government agencies use AI tools, we will now require them to verify that those tools do not endanger the rights and safety of the American people,” Vice President Kamala Harris told reporters ahead of the announcement. Each agency by December must have a set of concrete safeguards that guide everything from facial recognition screenings at airports to AI tools that help control the electric grid or determine mortgages and home insurance.
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