Consumers in the United States seem sceptical that the Federal Reserve's decision to raise interest rates after only 18 months is intended to slow down the world's largest economy. In the third quarter of 2023 (September 2023), the U.S. economy grew at an annual pace of 4.9%, as was reported last week. Another instance of rapid expansion defied gloomy forecasts from analysts.
In a recent joint statement, 87 human rights and civil rights organisations urged the US Congress to take action on the significant human rights and societal risks created and enabled by artificial intelligence (AI) technologies. The statement outlines some threats posed by AI to society. The first US regulation on AI systems is under preparation.
Nowadays, many firms are exploring various forms of AI for a range of uses. They look for greater back-office and middle-office efficiency and to secure better experiences and outcomes for clients. How do wealth managers cope with AI?
The New York real estate market has undergone significant changes in recent years. From a buyer's market to a seller's market, the dynamics have shifted due to several factors, including low inventory, rising prices, and mortgage rate fluctuations. In this article, we will explore the current state of the New York real estate market and make predictions for the future of the market.
Today’s European citizens can expect to live up to 30 years longer than they did a century ago. Thanks to advances in science and technology, the research-based pharmaceutical industry is entering an exciting new era in medicine development. One of the world´s leading countries here is Switzerland.
The Middle East has embarked on the creation of sustainable projects. The ESG projects (environmental, social, and government impact) highlight the commitment of the government and businesses towards transitioning towards a sustainable energy mix as well as a sustainable economy.
Art collectors and luxury seekers around the world are well aware of the allure and excitement that come with auction houses. In this comprehensive guide, we will explore what makes an auction house top-class. We have narrowed down the list to the top five elite auction houses based on their sales figures, selection of items, and esteemed reputation.
The path to effective governance and successful succession planning in family offices (FO) is nuanced and complex. It's a multidimensional challenge with wealth management, legal structuring, and interpersonal family dynamics. Let's delve into five key strategies to guide you through this intricate journey.

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