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UK financial regulators have warned banks looking to use artificial intelligence to approve loan applications that they can only deploy the technology if they can prove it will not worsen discrimination against minorities, who already struggle to borrow. The watchdogs are increasingly pressing Britain’s biggest banks about the safeguards they are planning to put in

Years ago, we had a family SUV that blew a head gasket. In mechanic’s terms, that’s really, really bad. The car would need a new engine, or we could scrap it. But it had four good tires, and the exterior was still nice. Our mechanic suggested donating it to a local boys’ ranch that had

The peak of the influenza season may have been artificially suppressed through measures to curb the pandemic, raising the possibility of a rare spring or summer surge later in the year, health experts have warned. The 2020-21 flu season was exceptionally mild in most of the world as the curtailment of social mixing amid coronavirus

Some drivers collect parking fines with abandon. UK prime minister Boris Johnson’s tickets reputedly cost GQ £5,000 when he was the magazine’s motoring correspondent. But even rule-abiding types can find themselves inadvertently stung. There are grounds to suspect that parking rules are deliberately opaque. In Britain, the government is capping fines and cracking down on rogue

For the small business owner, tax season can be stressful, and the prospect of shelling out a load of money to the government is not a pleasant one. That’s why small business owners love tax deductions. Here are five tax benefits that are often overlooked by small business owners that can save your business money.

The writer is a senior lecturer at Bristol university, deputy director of the UK in a Changing Europe, and co-author of ‘The British General Election of 2019’ When Boris Johnson made his victory speech on December 13 2019, he was clear that his majority was built on voters choosing the Conservative party for the first

Police were making progress in their bid to clear a week-long blockade by a group of truckers and anti-lockdown demonstrators at a crucial US-Canada border crossing on Saturday, with large trucks opting to leave the area peacefully. The Ambassador Bridge, the busiest border crossing in North America, remained closed on Saturday afternoon due to a

Black individuals, in the United States as well as in other countries, have long faced significant hurdles when it comes to investing, and to finance in general. These hurdles include lending discrimination in the U.S. and racism in the insurance industry, among others, which have held back people of color. Yet, despite these difficulties, there

In this article VIVO VioletaStoimenova | E+ | Getty Images Company: Meridian Bioscience Inc. (VIVO) Business: Meridian Bioscience is a life science company that develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, as well as elevated blood lead levels worldwide. The company has two business segments. The Life

Russia and the US said they would begin evacuating staff from their embassies and consulates in Ukraine on Saturday as western leaders engaged in a flurry of last-ditch diplomacy to convince Moscow to withdraw military forces from around the country’s borders. The US state department has ordered “most US direct hire employees” to leave Kyiv

Poland’s ruling party has proposed a bill to change a contested disciplinary chamber for judges, in an attempt to defuse a long-running feud with Brussels over the rule of law. The chamber has been ruled illegal by the EU’s top court, and has become a flashpoint in a dispute that has led to Brussels withholding

Car accidents can be expensive, especially if your vehicle is badly damaged or anyone is injured. The role of car insurance is to help cover the bills and protect you from potentially devastating financial liability. Here is how car insurance works. Key Takeaways A car insurance policy consists of several types of coverage, some of

The other morning I was driving my son to soccer practice and trying to avoid the subject of my 50th birthday when Pearl Jam, a favourite band from my university years — one of the pioneers of the Seattle grunge scene and pillars of the ’90s — came on the radio. It was, to my

Can we imagine Beethoven struggling with the demands of 21st-century media? The question is on John Adams’ mind as he catches up with a backlog of interviews after a winter storm delayed his concert last week in Cleveland. “He had little patience for dealing with anybody,” notes the American composer of his irascible forebear, “even

Unlike most regular credit cards, student credit cards are available to college students. They tend to have less stringent eligibility requirements, so you can qualify even if you don’t have an established credit history.  If you aren’t a student but have a limited credit history and have struggled to get approved for a credit card,

CAMERON COUNTY, Texas — Standing under the towering profile of SpaceX’s next-generation Starship rocket, CEO Elon Musk on Thursday gave his pitch for building a vehicle that he believes represents the “holy grail” of space travel. “This is really some wild stuff here,” Musk said, speaking to a crowd of employees, guests and media. “In

The US administration is reviewing all of its Covid-19 health guidance as it prepares to publish what officials say will be a comprehensive plan for the end of the “full-blown” pandemic. The Centers for Disease Control and Prevention is in the process of rewriting everything from masking guidance to testing requirements as part of a

Boris Johnson was handed a police questionnaire on Friday over alleged breaches of Covid-19 lockdown rules, confirming he is under formal investigation over the so-called “partygate” affair. Number 10 declined to say how many specific incidents the questionnaire related to: Johnson is thought to have attended half of the 12 events being investigated by the

Carnival Corp. (CCL) and Carnival Plc (CCL.L) operate a cruise line company that is publicly traded on the London Stock Exchange (LSE) and as an American depositary share (ADS) on the New York Stock Exchange (NYSE). The dual-listed company functions as a single economic entity through contractual agreements of the two separate legal entities. Carnival

The UK competition regulator has moved to clear Sony’s $430mn purchase of independent record label AWAL after ruling the two companies were unlikely to have become major rivals. In a provisional decision on Friday, the Competition and Markets Authority said Sony and the emerging indie label were unlikely to have regularly competed to sign the

President Joe Biden has moved to freeze about $7bn in assets held in US financial institutions by the Afghan central bank in the wake of the Taliban takeover, as he vowed to direct $3.5bn to humanitarian aid and preserve the rest for families of victims of the September 11 terror attacks. In an executive order

R-Squared vs. Adjusted R-Squared: An Overview R-squared and adjusted R-squared enable investors to measure the performance of a mutual fund against that of a benchmark. Investors may also use them to calculate the performance of their portfolio against a given benchmark. In the world of investing, R-squared is expressed as a percentage between 0 and

The UK economy contracted less than expected in December as growth in the health sector offset the blow that the Omicron coronavirus variant dealt to services industries. Gross domestic product rose 7.5 per cent over 2021 compared with the previous year, the strongest pace of growth since the second world war, as the economy rebounded

Kenneth Branagh directs and stars in ‘Death on the Nile’; animated refugee story ‘Flee’; three stories about love in Japan in ‘Wheel of Fortune and Fantasy’; Tom Holland stars in game-themed adventure ‘Uncharted’; ‘Petrov’s Flu’ reflects Russia’s rampant nationalism; ‘The Souvenir Part II’ expands its origin story — reviewed by Danny Leigh, Leslie Felperin and

Among asset classes, Bitcoin has had one of the more volatile trading histories. The cryptocurrency’s first big price increase occurred in 2010 when the value of a single bitcoin jumped from just a fraction of a penny to $0.09. The cryptocurrency has undergone several rallies and crashes since it became available. Learn more about Bitcoin’s

Hedge funds and other activist investors would have to disclose significant investments in US public companies within five days, halving the time they currently have to amass a secret stake, under new rules proposed on Thursday by the Securities and Exchange Commission. The change would force funds to reveal a stake of 5 per cent

Wall Street stocks and government bond prices fell on Thursday after data showed the rate of US inflation hit a 40-year high in January. The latest hot consumer price index data prompted traders to bet on more aggressive action from the Federal Reserve, with six quarter-point interest rate increases priced into the market for 2022. With higher

What Was the Byzantium Fork? The Byzantium hard fork was an update to Ethereum’s blockchain, implemented in October 2017 at block 4,370,000. It consisted of eight Ethereum Improvement Protocols (EIPs) designed to improve Ethereum’s privacy, scalability, and security attributes. The Byzantium hard fork was an essential and critical update to Ethereum’s blockchain. It was implemented

Zhao Changpeng, founder and chief executive officer of Binance, speaks during an interview in Singapore, on Nov. 19, 2021. Wei Leng Tay | Bloomberg | Getty Images Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned. The funds will

Sir John Major has said Boris Johnson’s “foolish behaviour” has eroded trust in British politics at home and abroad and accused him of breaking coronavirus lockdown rules. In a blistering attack, the former Conservative prime minister, accused Johnson and his government of acting as though they were above the law. He questioned the prime minister’s handling