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• The US economy is surging, with growth coming in at a hotter-than-expected 4.9% for the third quarter.
• But problems elsewhere could still be bad news for big US companies, including Apple and Tesla.
• China's slowing economy and the war between Israel and Hamas are both potential headwinds, according to analysts.

The US

• UK's household wealth dropped due to rising interest rates, with regions like Scotland hit hardest.
• The US faces a similar risk with many Americans' wealth tied up in home equity and retirement accounts.
• Higher-for-longer interest rates could make the issue worse if housing prices fall sharply.

Household wealth in the UK has fallen

• Many Texas manufacturing businesses are struggling amid economic uncertainty.
• Some cite supply chain issues and global conflicts as hinderances to their growth.
• The Dallas Fed found a mixed bag for manufacturers, with slower employment growth and fewer orders.

Many Texas manufacturing

• 3.5 million more US households were food insecure in 2022, a recent report showed.
• Elevated food prices could be one reason, said Chloe East, a visiting fellow at the Hamilton Project at Brookings.
• There was also an increase in food insecurity for households with children from 2021 to

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Later today, the Federal Reserve is expected to announce that it will hold the federal funds rate steady for now. This probably won't have too much of an impact on mortgage rates, but

• The Biden administration is proposing a new rule to ensure people saving for retirement get the best advice possible.
• Currently, investors might be losing up to $5 billion a year on investments, the administration said.
• The new rule is already running into pushback, and follows a failed Obama effort.

The Biden administration is continuing its crackdown on junk

• Walmart shoppers have told me about their frustration with the retailer's self-checkout security.
• In particular, I've learned that some moves trigger an alert, even if you're doing nothing wrong.
• When I tried to trip the alarm, I was surprised to see that the tech simply worked.

Ever since we published a

John Carpenter made a return to "The Late Show" to scare Stephen Colbert backstage.

World leaders and tech titans are currently descending on southern England for an AI safety summit, but the flashy event isn’t impressing everyone. Over the next two days, around 100 bigwigs will attend the event at the historic Bletchley Park, a country estate around 90km north of London. During World War Two, the site was home to the codebreakers who cracked Nazi Germany’s notorious Enigma

As the AI tsunami sweeps across the white-collar working world and fundamentally disrupts hundreds of millions of jobs, nearly 1 billion knowledge workers worldwide will be affected, and 14 million jobs will be wiped out. 

Disruption from artificial intelligence is

• Taylor Swift is officially a billionaire, thanks in part to her lucrative Eras tour.
• But unlike some other celebrities, Swift hasn't commented on her financial status.
• The pop star's decision to not flaunt her wealth is another genius business move. 

One look at Taylor Swift's Instagram profile and you know she's had a

• A business analyst at Amazon was laid off as part of job cuts in January.
• About a month later, the worker got the first of four inquiries about going back to the company.
• "I didn't want to go back because I just lost trust in them," the worker told Insider.

This as-told-to essay is based on a conversation with a