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Doing these 3 ‘wrong’ things with your money? I’m not worried

People who dispense advice to others—financial advisers and pundits who make their opinions known—spend a lot of time and energy criticizing certain financial decisions that frankly, I can’t get too worried about. Here are some of the big ones. 1. PAYING OFF A MORTGAGE EARLY Sure, paying off a mortgage may not offer the best return on mortgage-holders’ capital at the moment, with interest rates on certificates of deposit and high-yield savings accounts above the interest rates on mortgages secured several years ago when rates were lower. I’d also agree that younger people ...

New UN initiative will aim to tackle the military uses of AI

The United Nations is launching a new initiative on the military uses of artificial intelligence, aimed at addressing some dire concerns about the threat the rapidly developing technology could pose to humanity. The initiative by the U.N. Institute for Disarmament Research plans to launch Thursday, establishing the first international forum for key players to try to tackle the issue. Robin Geiss, head of the Geneva-based institute known as UNIDIR, warned at a U.N. press conference Tuesday that “the margin for human judgment is increasingly narrow, including in the nuclear ...

What to know about security bug impacting internet

The language that's known as the backbone of the internet is now subject to what experts describe as one of the most notable vulnerabilities in recent memory. PHP is a widely used general-purpose scripting language that is geared toward web development, and thus, it powers the vast majority of websites across the world. When the organization behind the language and the FBI’s cyber division warned on Wednesday of significant vulnerabilities in the language, government agencies, corporations and other organizations were sent into a flurry. The episode also highlights how artificial ...

Zuckerberg makes deal with Meta to help him pay potential California billionaire tax

SACRAMENTO, Calif. (AP) — Mark Zuckerberg made a deal with Meta's board to help him pay a proposed California tax on billionaires without losing his ownership stake in the company he founded, according to regulatory filings published this week. The wealth tax is before California voters in the election that concludes Nov. 3. If passed, the measure would levy a one-time 5% tax on the wealth of Californians whose net worth exceeds $1 billion. Zuckerberg is the sixth-richest person in the world with a net worth estimated at more than $220 billion, according to Forbes. That would put his ...

Childcare costs weigh on some voters before elections

Like so many Americans, Jenny Escolastico has watched wearily as the cost of living has risen, straining her household budget. But as a mother of two children under 5, she faces added pressure that could shape how she votes in November: childcare costs. Escolastico’s household outside ...

Boeing 737 Max 10 ok’d for passenger service

The U.S. government has approved Boeing’s 737 Max 10 airliner for passenger service after years of delays, a Transportation Department official told The Associated Press. Transportation Secretary Sean Duffy announced the decision Tuesday afternoon during a visit to Boeing's manufacturing plant in Everett, Washington, the official said. The single-aisle 737 Max 10, which can have up to 230 seats, was introduced at the Paris air show in 2017 to help Boeing compete with rival Airbus. But technical and regulatory hurdles have repeatedly delayed certification of the largest version of ...