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  • UBS Sees Yuan’s Global Reserve Share Rising as Investors Reassess US Assets

    Khac Phu Nguyen 2 min read This article first appeared on GuruFocus. UBS (NYSE:UBS) Asset Management has outlined a scenario in which China could see rising capital inflows if global investors step up diversification away from US assets amid mounting policy uncertainty. Speaking in Shanghai, Massimiliano Castelli, head of global sovereign markets strategy at UBS...

  • AASHTO Journal – Kansas Investing $11M in Rail Service Improvements

    The Kansas Department of Transportation recently issued $11.2 million to 10 railroad projects via its Rail Service Improvement Program or RSIP.   [Above photo by Kansas DOT] The selected projects, located across 10 counties, enhance the state’s rail network by promoting economic efficiency, supporting sustainability, and addressing critical infrastructure needs. The agency noted that $11.2...

  • Meta pauses teen access to AI characters ahead of new version

    Meta today said that it is pausing teens’ access to its AI characters globally across all its apps. The company mentioned that it is not abandoning its efforts but wants to develop an updated version of AI characters for teens, the company exclusively told TechCrunch. The move comes days before a case against Meta is...