the Financial Times

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Barratt Redrow boss says rising interest rates, higher student debt and squeeze on wages hitting property dreamBusiness live – latest updatesThe boss of Britain’s largest housebuilder has said it is the most challenging time to be a first-time buyer since the financial crisis, as the dream of home ownership moves increasingly out of reach for many young people.A combination of rising interest rates, higher levels of student debt and the squeeze on wages is making it “challenging, very, very...

FinTSB: A Comprehensive and Practical Benchmark for Financial Time Series Forecasting

Announce Type: replace Abstract: Financial time series (FinTS) record the behavior of human-brain-augmented decision-making, capturing valuable historical information that can be leveraged for profitable investment strategies. Not surprisingly, this area has attracted considerable attention from researchers, who have proposed a wide range of methods based on various backbones. However, the evaluation of the area often exhibits three systemic limitations:

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Generating Financial Time Series by Matching Random Convolutional Features

Announce Type: new Abstract: Generating realistic financial time series is challenging as training data is often limited to a single historical path. With such scarce data, overfitting is hard to avoid, especially under adversarial training where a trained discriminator can memorize the training samples. To mitigate this, recent approaches train generators to minimize the discrepancy between untrained feature representations of real and generated time series.

OpenAI reportedly has a major ChatGPT overhaul in store

OpenAI reportedly has a major ChatGPT overhaul in store The revamped AI tool will roll out in the coming weeks, according to The Financial Times. OpenAI's so-called "super app" may finally be rolling out, as first reported by The Financial Times. According to the report, a redesigned ChatGPT would encourage users beyond just chatting and towards using "coding tools, image generation and applications built by partners such as Canva and Booking.com."

'I call the shots': Trump insists Iran deal on track amid fresh strikes, says Bibi has 'no choice'

US President Donald Trump on Sunday said that Israeli Prime Minister Benjamin Netanyahu would have no choice but to accept any agreement negotiated by Washington with Iran, asserting that he was ultimately in charge of the process. Speaking in a telephone interview with the Financial Times, Trump said that Netanyahu would have to go along with any deal reached between the United States and Iran. "He won't have any choice.

The EU thinks Meta isn't doing enough to protect children

The EU thinks Meta isn't doing enough to protect children The European Commission is inching closer to fining Meta for violating the Digital Services Act based on the preliminary findings of an EU investigation, The Financial Times reports. According to the Commission, Instagram and Facebook may have breached the DSA by failing to adequately prevent minors from using their respective platforms. Meta's terms and conditions require users to be at least 13 years of age to access Facebook and...

Commentary: Are we at the start of a new investment super-cycle?

Commentary: Are we at the start of a new investment super-cycle? AI, clean energy and defence spending are reinforcing each other, amplifying potential investment, says Rana Faroohar for the Financial Times. NEW YORK: The week of the largest IPO in history may seem like an odd time to wonder if we need more, rather than less, investment into the US and global economies.

One third say 'not worth the money' in new student loan update

One third say 'not worth the money' in new student loan update An inquiry into England's student loan system has been launched by MPs, as new survey data shows a third of people now believe a university education is not worth the time and financial commitment required A new survey revealing that one in three people doubt the value of a university degree comes as "not surprising" to experts. MPs have launched an investigation into England's student loan system, gathering testimony from...