What higher interest rates mean for your money

Even as Federal Reserve Chairman Kevin Warsh implements measures to curtail so-called forward guidance — or how the Fed signals its future rate moves — investors are largely expecting an increase in interest rates in the months ahead. The central bank has kept rates on hold all year as officials deliberated next steps with inflation remaining well…

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Zineb Lazraq: Daughter saves father’s 34-year-old shoe store from shutting down by using social media; now customers wait for hours outside their London store

Zineb, 25, had watched her father work in the shop throughout her childhood (Photo credit: Zineb Lazraq / SWNS) For 34 years, Rachid Lazraq ran his shoe shop in Shoreditch, East London, building a business around a loyal customer base. But as the neighbourhood changed, so did his customers. Rising rents, gentrification and the arrival…

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OpenAI Astra model raises cyberattack concerns

OpenAI has halted some “internal activities” involving a new model amid fears over the cyber threat it potentially poses, amid a wave of security incidents involving major AI labs. Recent disclosures that AI systems from Anthropic, OpenAI and Meta were involved in security incidents prompted a wave of concerns over the development of models. U.S….

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