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Extended policy pause expected from Bank of Thailand – DBS

DBS economists Taimur Baig and Radhika Rao expect the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% in August, extending the pause after June’s unanimous decision. They cite uneven economic growth, easing but still elevated headline inflation within the 1–3% target range, and scope for accommodative…

How Uber Uses AI to Charge You More

Uber once sold riders on a simple promise: Order a car right from your phone for less than a taxi.One major change happened behind the scenes: up-front pricing. Instead of relying on a predictable rate based largely on time and distance, Uber now uses algorithms and a range of real-time factors to determine what riders pay and what drivers earn.Since then, prices have risen dramatically. From 2018 to 2022, average Uber fares in the US…

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FIRST ON FOX: A top executive at JPMorgan Chase warned that proposed federal bank capital rules could damage small businesses across the country, airing caution that Main Street may have less access to credit from banks. As regulators move to finalize Basel III Endgame, one of the most important global…

Markets

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Investing

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