One nation, one portfolio: How AI biases could leave us all holding the same bag

One nation, one portfolio: How AI biases could leave us all holding the same bag

How Generative AI Can Reinforce the “Familiarity” Bias in Investing Generative AI tools are becoming standard in investment research, portfolio construction, and robo-advising. They can speed analysis and surface useful patterns — but their training data often reflects the same human biases that plague investors. One of the most persistent is familiarity bias: a preference … Read more

Agnelli Family’s Media Firm Should Stay Italian, Minister Says

Agnelli Family’s Media Firm Should Stay Italian, Minister Says

Italy’s foreign minister has urged that the Agnelli family’s Gedi Gruppo Editoriale SpA remain in Italian hands to help safeguard press freedom, amid ongoing sale talks with Greece’s Antenna Group. What the minister said The minister framed media ownership as a matter of public interest, saying national control can protect editorial independence and ensure diverse … Read more

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Rupee breaches 91-mark against US dollar for first time in intra-day trade

The local currency came under clear pressure as sustained foreign institutional investor (FII) outflows combined with uncertainty over an India‑US trade deal. Investors pushed money out of local markets, while unclear trade terms kept sentiment fragile, leaving the currency vulnerable to further swings. Why FII outflows hit the currency FIIs move large sums in and … Read more

Rupee falls against U.S. dollar in early trade

Rupee falls against U.S. dollar in early trade

The Indian rupee settled at a fresh all-time low against the U.S. dollar, pressured by lingering uncertainty around an India–U.S. trade deal and persistent foreign fund outflows. The move highlights growing investor caution and raises questions about near-term market stability. Key drivers behind the slide Trade deal uncertainty: Delays or unclear outcomes in negotiations with … Read more

First Brands Aims to Assure Lenders by Chasing Trapped Funds

First Brands Aims to Assure Lenders by Chasing Trapped Funds

Advisers Move to Calm Creditors After Rescue Loan Loses Value Advisers to First Brands sought to reassure worried creditors after the value of a $1.1 billion rescue loan took a sharp hit. They said the business has stabilized since it filed for Chapter 11 and that management is working to unlock cash tied up in … Read more

IRS Finds $10.6 Billion in Crimes as Agents Ramp Up Warrants

IRS Finds $10.6 Billion in Crimes as Agents Ramp Up Warrants

IRS uncovers $10.6 billion in financial crime amid shifting enforcement focus The Internal Revenue Service reported uncovering $10.6 billion in financial crimes, a jump of nearly 16% from the previous year. The figure highlights strong results for criminal tax and financial investigations even as the agency shifted agents to broader law enforcement priorities under the … Read more