US Dollar Index (DXY) rallies above 99.00 amid soaring US yields

The US Dollar (USD) is outperforming this week, fuelled by higher US Treasury yields as solid macroeconomic data and high inflationary pressures have boosted expectations of Federal Reserve (Fed) rate hikes later in the year. The US Dollar Index (DXY), which measures the value of the Dollar against a basket…

BCG trained an AI agent on the worst things salespeople do

There’s a lot of public concern that an AI will someday go off the rails and annihilate humanity. Loading audio narration… So it may be a little surprising that Boston Consulting Group is training its customer-facing AI agent, Jamie, on what not to do.Japjit Ghai, a managing director and partner at BCG X, the firm’s tech build-and-design division, said on a recent episode of the company’s podcast that Jamie is learning from both the best…

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Americans rethink retirement plans as longer lives, rising costs collide

Americans are rethinking when to retire and claim Social Security as longer lifespans collide with uncertainty over the program’s future. Social Security could reach insolvency by late 2032 or early 2033, potentially triggering automatic benefit cuts if Congress fails to act. At the same time, Americans are living longer, stretching…

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