Financial Briefs
These three spending rules can help find the balance between paying down debt and enjoying life. The 5% Cash Back Challenge encourages saving money and avoiding overspending with credit cards. Although many recommend cutting out all unnecessary expenses to pay off debt, personal finances can feel drudgery due to long-term deprivation. Instead, the author suggests …
Shop Guilt-Free with These 3 Simple Budgeting Shifts Read More »
Money, debt, budgeting and investing are complex and personalized topics, making it hard to know where to begin. Success means different things to different people – whether it’s a large savings for future generations or the ability to travel. It’s crucial to understand your financial goals and take advice from experts to achieve them. Discover …
Canadian finance minister Chrystia Freeland introduced the 2023 federal budget on March 28. It offers significant green energy incentives of Can$20.9 billion over six years through tax credits for clean electricity, clean hydrogen, and clean technology manufacturing. However, the budget’s climate initiatives are a mixed bag and serve as a proxy for other half measures. …
Canada’s New Budget: Is it Failing the Working Class? Read More »
AI chatbots are becoming more accessible to individual investors and can handle financial advice using natural language processing technology. Google’s Bard and Microsoft’s chatbot powered by ChatGPT can interact with users in plain English, draft lawsuits, do homework, and may take over jobs. Although AI’s use in the financial advice realm is not new, the …
AI Stock-Picking Bots: Comparing the Best Performers Read More »
Which US states have the lowest taxes for retirees receiving Social Security benefits? While the amount of Social Security benefits received depends on work history and retirement age, insurance beneficiaries must pay taxes on monthly payments. The percentage of taxes depends on the benefits and calculated combined income, including AGI, nontaxable interest, and half of …
AI and ChatGPT won’t eliminate customer service, but they’ll revolutionize it, improving the customer experience beyond expectations. Self-service methods like AI, machine learning, and NLP have been steadily advancing, allowing computers to communicate with customers naturally. ChatGPT merges AI and NLP to unprecedented levels, taking customer communication to new heights. The future is now, and …
AI and ChatGPT: The Ultimate Customer Service Solution Read More »
Bloomberg is launching a new finance chatbot that uses its own machine learning model, BloombergGPT, to analyze financial datasets with AI techniques. The model is powered by Bloomberg’s proprietary and curated datasets, which have been the go-to resource for the trading and financial world for over four decades. The chatbot serves as a financial research …
Bloomberg creates new finance chatbot with AI and vast data Read More »
ChatGPT’s ability to predict stock prices based on news headlines has been demonstrated by a finance professor at the University of Florida. According to Alejandro Lopez-Lira’s unreviewed paper, ChatGPT’s next day return predictions were more accurate than random. With its emergent ability to understand headlines and predict stock prices, ChatGPT may pose a threat to …
Finance Professor Demonstrates ChatGPT’s Ability to Predict Stock Movements Read More »
Microsoft is getting in on the AI trend with its version of ChatGPT, Bing AI, available on Edge browser. Bing AI is more than just a chat tool, it can write different types of content, provide information and insights, and even create images based on text. While both Bing AI and ChatGPT are similar, Bing …
6 Things to Try with Microsoft’s Bing AI Chatbot: Beyond ChatGPT Read More »
Workers in the tech industry have another concern to add to their list: ChatGPT. This chatbot, based on artificial intelligence, is making its way into workplaces and putting jobs at risk. Challenger, Gray & Christmas reported a 5% increase in tech job cuts this year, with layoffs on track to surpass 2001’s record. Not only …
