(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate AI tools: AUSTRALIA * Seeking input on regulations The government…

Here’s an excerpt from this week’s CIO Newsletter. To get it to your inbox, sign up here. From assessing risk to setting rates, AI is a transformative force in the realm of insurance. For Ericson Chan, the chief information and digital officer of Zurich Insurance Group, its greatest power lies…

Seven years ago, two twentysomething data scientists spotted a novel phenomenon: synthetic identity fraud. They turned that discovery into fast-growing SentiLink, a member of the Fintech 50 for 2023. During the summer and fall of 2018, Hasan Hakim Brown, a Floridian in his early 40s, was applying online for loans—for…

There are countless privately held companies across the country who want to reward loyal employees with incentives. Employers might offer stock-based compensation or stock options in lieu of cash bonuses. This article explores privately held stock, why employees own it, and some things you should be aware of. Privately Held…

President Joe Biden has vetoed a bill passed by Congress that would repeal student loan forgiveness and reverse his most recent extension of the student loan pause. Advocates for borrowers had warned that passage of the bill could have catastrophic consequences. Here’s what this means for borrowers. Biden Vetoes Bill…

Although many realtors are ethical and honest, it’s no secret that many are not. Here at AgingParents.com, we hear too many sad stories of older adults getting ripped off over the sale of the elder’s residence. One can readily understand how this happens. An eager realtor hears of a sale…

The IRS has announced that it will grant penalty relief for corporations that did not pay estimated tax in connection with the new corporate alternative minimum tax, or CAMT. Background As part of the Inflation Reduction Act of 2022, Congress created the CAMT. The change, which is reflected in section…

If you are a long-term investor, you most likely have your portfolio allocated in a diversified manner, with equity exposure that extends beyond the US borders to include foreign Developed Market (DM) and possibly Emerging Market (EM) exposure. As pertains to the equity component, strategic asset allocation approaches frequently seek…

A Manhattan Beach, California, estate once home to a Hollywood writer-producer as well as two popular sports figures recently sold for $10.5 million. The five-bedroom estate is located in the Hill District of the Southern California coastal city, a small enclave known for its large lots and prestigious houses. The…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Based…