IMF’s Georgieva says any slowdown in AI-driven growth would be factor for central banks

Venture capital has a soft spot for the moonshot story: the single, transformative breakthrough innovation that solves a previously entrenched, impenetrable challenge.  It’s certainly an appealing narrative. I’ve pitched investors, and I know that a new, dramatic story is easier to sell.  But after fifteen years in climate technology, it has become clear to me…

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Another U.S. bank collapses, and experts wonder whether the failure is a canary in a coal mine or a coincidence. This article appears in the November issue of Global Finance Magazine. A sixth U.S. bank failure this year has reignited a familiar question on Wall Street: Is the banking system flashing a 2023-like warning? California’s…

Oil rises on uncertainty over reopening of Hormuz

On certain farms across 22 states, workers who harvest everything from tomatoes to tulips to blueberries will now have mandatory access to electrolytes, which can help them stay safe in dangerous extreme heat.  It’s the latest rule from the Fair Food Program, a partnership between growers, farmworkers, and food retailers (including Walmart, McDonald’s, Whole Foods…