Financial News

Here's Why Soviet Aircraft Have Glass Noses & Western Jets Don't

The Soviet Union competed with Western aircraft, but had to contend with less advanced navigation systems and avionics.

Middle East crisis driving up fertiliser prices, says Mat Sabu

SHAH ALAM: The Agriculture and Food Security Ministry projects that fertiliser-related costs for crops such as bananas could increase by up to 100 per cent if the global energy crisis continues due to conflicts in the Strait of Hormuz.

I’m A Psychologist – What Teens Told Me About How They're Using AI Chatbots Should Terrify You

"Young people are also less likely to discuss the advice from [ChatGPT] with loved ones, leading to potentially deadly consequences , such as in cases where teen suicides have been linked to AI chatbots," writes the author. Recently, while hanging out at my friends’ houses, I’ve gotten to listen in as their teens talked about everything from the best new music (who exactly is Yeat?), trending phrases (is 6-7 actually going anywhere?) and their behavioural habits. Then I asked, for example, where they would go to search for a restaurant recommendation, homework help or advice. The answers to all of these were their friend Chat – as in ChatGPT or similar artificial intelligence chatbots. Now I knew I was cooked (did I use that right?) years ago when I was still using Google for answers the teens had moved on to TikTok for, but I didn’t fully appreciate – until these conversations – just how all-consuming the use of Chat was in their everyday lives. So I was also surprised to find out they are overwhelmingly using Chat as not just a friend, but a mental health provider. As a clinical psychologist, this hits me especially hard. I’ve worked for years to translate information from my studies and the field of psychology to young people in entertaining and easy to understand ways. I have developed programs that help clinicians to work with families and young people to talk through life’s biggest stressors. But at the end of the day, they’d rather go to a bot that doesn’t really know them as a person, just as a data point. Sheesh. My friend’s children showed me exactly how quickly this generation, very quick to get, well, anything , wanted relief for symptoms of depression and anxiety. They would tell Chat they weren’t feeling well and want to know what could be done about it – all before breakfast. They said that they didn’t want to schedule an appointment for later or couldn’t hold their distress for a longer period; they wanted to use something that gave them some support in a literal blink of an eye. As a millennial, I grew up in the “Microwave Generation,” a group of kids known for their desire for instant gratification and having their needs met instantly. What, then, do we need to do to prepare for a generation that not only gets it instantly, but doesn’t even have to move off the sofa to do so? Their expectation that results would be easy to attain and accurate and personalised runs afoul of our current mental health model. There have been several hit pieces on (and defaced NYC billboards for) the “Friend” device. An orb that goes around the user’s neck, Friend can give unfettered, curated advice throughout the day, accompanying the user through life’s mundane or noteworthy experiences. Many of us have scoffed at it – myself included – but now that I hear what the young people are saying about wanting support after a decade of declining mental health , is it so far-fetched to imagine that they just want to be quickly heard, seen and validated? Tech companies have spent considerable time and resources to figure out what keeps young people hooked. But young people’s mental health is at stake – they already see themselves less positively, feel more isolated and have learning gaps relative to generations preceding them. Interactive AI – with its capacity to be responsive to youth – may seem like a clear solution. Except early research hints at what the headlines already show: Great opportunity for “connection” may also come with great danger through compliance. Young people are also less likely to discuss the advice from Chat with loved ones, leading to potentially deadly consequences , such as in cases where teen suicides have been linked to AI chatbots. The author speaking at a New York City Council convening for youth mental health, discussing technology and service provision. These consequences, to say nothing of the known and racial biases of chatbots for Black youth, can lead to greater disparities in mental health outcomes. If Black youth are exposed to high incidents of daily online racism and are engaging in higher rates of suicidal thoughts and behaviours relative to their peers and other times in history, the guidance from internet-culled resources may be dire for that population. So as adults, we need to think about ways we can support the young people in our lives. Since Chat, Chatty or any other nickname for the chatbot, is here to stay, how can we learn from what our youth are searching for and be a part of that solution – together? How can we ensure our phones are down long enough for us to actually hear what they are saying? How can we support them knowing that life is in fact filled with ups and downs, not just the most clean or perfect versions of output or editing that we present to the world? By modelling behaviours that we want to see in them, we can show that it is natural to not know, to ask others, to wrestle with frustration. Show them how you may decide between two choices, or, better yet, use technology to work out a problem together . Use video chat to call someone to talk through a challenging situation so they can hear what conversation skills look, sound and feel like. Finally, ask them directly about chats with, well, Chat, using questions that open up conversation and invite inquiry and analysis instead of yes or no questions that may close off further discussion. My hope is that I can intentionally strengthen my relationship with mentees and niblings this year. I might start by asking some simple questions to kick off our discussion: What are the latest songs I should listen to (and will I understand them)? Where did you get those jeans (the back of my storage)? And, most relevant to our conversation here, what are you asking Chat about today? This latter question may just be the thing that helps one child know they have a friend that is real, all ears and willing to provide steady feedback to life’s tough stuff. Dr. Riana Elyse Anderson is a licensed clinical and community psychologist, associate professor at Columbia University’s School of Social Work, and affiliate with Harvard’s Hutchins Center for African & African American Research and FXB Center for Health and Human Rights. She is a Public Voices Fellow of The OpEd Project in Partnership with National Black Child Development Institute. Do you have a compelling personal story you’d like to see published on HuffPost? Find out what we’re looking for here and send us a pitch at pitch@huffpost.com. Related... Plenty Of Parents Want Chatbots Banned – I Get It, But I’m Not One Of Them I Asked Teen Boys Why They Use AI Chatbots. 1 Common Response Alarmed Me 'No Platform Gets A Free Pass': Government Plans New Crackdown On AI Chatbots And Social Media

McHazlett celebrates 106th birthday

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OpenAI plots biggest ChatGPT overhaul since launch

Expensive oil is making electric vehicles look positively cheap

Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline

Capital rotation into artificial intelligence may have played a bigger role in Bitcoin’s latest selloff than most market watchers initially assumed. Michael Saylor, whose company Strategy recently sold a portion of its Bitcoin holdings, pushed back on criticism and pointed instead to an unprecedented flow of money into AI infrastructure as a key factor behind the drop. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy Saylor Pushes Back On Blame Strategy’s Bitcoin sale briefly made Saylor a target. TV personality Jim Cramer went as far as to say Saylor had “murdered Bitcoin,” a claim Saylor denied outright. He argued that capital markets have been funding the AI buildout at historic scale — roughly $400 billion over six months — and that the pressure on Bitcoin was a rotation of capital, not a sign of structural damage to the asset. SBI Holdings Chair Yoshitaka Kitao echoed that view, pointing to the upcoming IPOs of SpaceX, Anthropic, and OpenAI as likely draws pulling money away from crypto. Jobs Data Delivers The Blow The immediate trigger, however, was a US jobs report that caught markets off guard. The Bureau of Labor Statistics reported non-farm payrolls rose to 172,000 in May 2026, more than double the Wall Street estimate of 85,000. The unemployment rate held steady at 4.3%. That reading spooked investors. BNP Paribas said the data opens the door to as many as three Federal Reserve rate hikes, a scenario that historically weighs on risk assets like Bitcoin. From $62,500, BTC fell sharply to around $59,000 following the release. At the time of reporting, Bitcoin was trading at $59,990, down 6% in 24 hours — its lowest price since October 2024. ETF Outflows Add To The Pressure Spot Bitcoin ETFs have now recorded 14 consecutive sessions of outflows, with cumulative negative flows approaching $5 billion. Bitget CEO Gracy Chen identified those outflows as a significant factor in the broader crypto market decline. 那个说过卖肾不卖币的男人终于都卖币了 现货ETF连续13天净流出,累计$43.7亿,是历史最长连续流出纪录 BTC跌穿了月线EMA50支撑的$65K 我不是在看空。我只是觉得,该说的风险不能装没看见。... https://t.co/Sj0Y8zanys pic.twitter.com/2f0QxTKJYM — Gracy Chen @Bitget (@GracyBitget) June 4, 2026 On Friday alone, Bitcoin saw $545 million in total liquidations, according to CoinGlass data. Long positions accounted for $444 million of that figure, meaning a wave of automated selling hit the market as prices fell through key levels, compounding the downward move. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation Whether the $59,000 zone holds as support remains to be seen. The combination of macro pressure, sustained ETF redemptions, and shifting capital flows has left the market on edge. Featured image from Unsplash, chart from TradingView

Ferrari diehards weigh whether buying its first EV is test of loyalty

'Entertainment is in our DNA' as Bolton's 'Hollywood of the North' helps net £1.2m

Bolton’s growing reputation as the “Hollywood of the North” has helped make £1.2m for the borough's economy

Experts call for better credit allocation to support production

As businesses seek additional resources to restore production, high interest rates and limited access to credit remain major challenges. To improve capital flows across the economy, experts recommend tightening control over credit directed to non-productive sectors while prioritising resources for industries that generate real economic value, thereby supporting sustainable growth. Vietnam Report unveils top 50 prestigious, effective public companies for 2026 Stronger local linkages key to unlocking greater value from FDI PM directs five northern localities to accelerate rental housing development

GFI’s CDR Catalyst launches, unlocking £1m in financing in first-of-its-kind British biochar deal

The Green Finance Institute’s Carbon Dioxide Removal Catalyst (CDR Catalyst) launches today, introducing a new approach to unlocking finance for the UK’s fledgling carbon removal sector. The Catalyst has helped secure a £1m financing agreement from Oxbury Bank, supporting Cornwall-based biochar developer Restord, in a first of its kind carbon dioxide removal deal. Enabled by philanthropic capital to derisk the project from Catalyst founding partner, Terraset, the deal represents the first commercial loan to support a UK based biochar company. Designed to close the commercialisation gap to scale the UK... The post GFI’s CDR Catalyst launches, unlocking £1m in financing in first-of-its-kind British biochar deal first appeared on Ethical Marketing News .

AfDB’s strategic shift to drive Africa’s trade integration

Over the next decade, it will place a greater emphasis on projects that improve the free...