US Shoppers Expected to Boost Holiday Spending by 7% This Year

This is an unexpectedly good news for the US economy: the holiday spending by American shoppers is likely to increase an impressive 7% this year. The optimistic forecast means that consumer confidence is picking up significantly and could mean that the US retail sector will face a bustling holiday season.

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AI Model Outperforms Humans in Currency Pricing, ING Reports

But, in a breakthrough, a recent report by ING shows an AI model outcompeting human capabilities in pricing currencies. This could be a sea change in the way currency trading is transacted with more volatile and complex markets.

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