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Warren Buffett Confronts His Own AI Deepfake and Offers a Warning
The 'Oracle of Omaha' told Berkshire Hathaway shareholders the fabricated video was good enough toconvincehim to send money overseas, and saidAIhas both unrealized upside and'enormouspotential for harm.'Inc. - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Jim Cramer says Alphabet is a buy and the most undervalued large tech stock
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Hungary tired of ruling elite, Viktor Orbán challenger tells large rural rally
Péter Magyar, who is running in European elections, has shot to prominence by pledging to end corruption. A rising challenger to the Hungarian prime minister, Viktor Orbán, has held what he has called the largest countryside political ...The Guardian - World -
Using home equity to pay off your mortgage? Here are the pros and cons
Are you thinking about paying your mortgage off with your home equity? Here are pros and cons to consider first.CBS News - Top stories -
Retail investors snap up triple-leveraged US equity ETFs
Volatile April markets draw money into riskier tradesFinancial Times - World -
Workers get a stake in their company under employee ownership model
Private equity executive Pete Stavros has emerged as an unlikely employee ownership advocate. He says giving the rank and file a stake in their companies is good for workers, and good for business.CBS News - Top stories -
U.S. Applies Private-Equity Fund Model to National Security Supply Chain
Stifel Financial’s North Atlantic Capital will channel financing to help small companies invest in 3-D printing through a government-supported program aimed at tackling supply-chain challenges and accelerating military productionThe Wall Street Journal - World -
The SEC ended a probe into large bets that three prominent investors made on Activision days before the company agreed to be acquired by Microsoft in 2022.
The SEC ended a probe into large bets that three prominent investors made on Activision days before the company agreed to be acquired by Microsoft in 2022.The Wall Street Journal - World -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
Atos Considers Four Restructuring Offers
Atos said the proposals were from a group of bondholders and banks, Bain Capital, EP Equity Investment and Onepoint, adding that it had signed a $108 million interim financing deal with bondholders.The Wall Street Journal - World -
A warning from the breakdown nations
The fates of former ‘model’ economies carry lessons for current starsFinancial Times - Business