Wealth

Experts who talk of artificially intelligent (AI) robots reaching divine status should “absolutely not be allowed” to create a machine smarter than humans, Elon Musk warned on Twitter. The Tesla and SpaceX CEO was addressing an article from tech news site VentureBeat about the possibility of an AI “god” emerging by 2042. TWEET One of
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Ask about your options for paying the down payment and closing costs, said Allan, who blogs about personal finance at FrugalBeautiful.com and now, after her experience, at Realestatewirefraud.com. You may be able to bring a paper certified check or cashier’s check to the closing or an agent’s office ahead of time, avoiding the possibility the
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The University of Pennsylvania has produced more billionaires than any other university, according to Forbes. In a ranking of the schools that produce the most billionaires, Forbes said UPenn beat out Harvard and Yale to take the top spot. Thanks in large part to its Wharton School of Business, UPenn has 18 graduates who are
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China’s new digital barons are rising. One of its most ambitious global deal makers is falling. And a property mogul who likes to borrow heavily is on top. Xu Jiayin — an entrepreneur behind China Evergrande Group, one of the country’s most aggressive property developers — has become the country’s richest person, according to a
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The only thing more spectacular than the estate’s one-of-a-kind design is its palm tree-dotted backyard. Steps away from the mansion’s private surf lodge is an infinity pool, which overlooks the property’s 100 feet of oceanfront. “This house without a doubt is one of a kind,” says Hertzberg. “I challenge you ever to find another house
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Financial watchdogs in Europe and Asia are investigating Standard Chartered Plc over the transfer of $1.4 billion of private bank client assets from Guernsey to Singapore ahead of new tax transparency rules, according to a source familiar with the matter. The Monetary Authority of Singapore (MAS) and Guernsey’s Financial Services Commission are looking into the
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Insurance giant Aviva has bought a majority stake in a British start-up that manages diversified investment plans. The insurer said Thursday it would allow customers to access “robo” investment firm Wealthify’s services via its app MyAviva. Based in Cardiff, Wales, Wealthify is targeted at millennials and offers five different investment plans via tax-free Individual Savings
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