China’s answer to ChatGPT? Baidu shares tumble as Ernie Bot disappoints
Summary Companies Ernie launch comes as Google, Microsoft step up AI game Baidu shares tumble as CEO gives brief video…
U.S. labor market remains tight; housing market stabilizing
Summary Companies Weekly jobless claims drop 20,000 to 192,000 Continuing claims decrease 29,000 to 1.684 million Single-family housing starts increase…
Putin tells Russia’s billionaires to put patriotism before profit
Summary Putin tells business leaders not to hide assets offshore President says they must seek social good as well as…
On the precipice: How Credit Suisse’s day of drama unfolded
PRESSURE INCREASES STILL SMOLDERING
