Author: Arabian Media staff
Image: Getty Images OpenAI said it will introduce parental controls for its AI chatbot, ChatGPT, aiming to enhance protections for teenage users amid growing scrutiny over its handling of vulnerable individuals. OpenAI’s blog post stated the new tools are expected to launch “within the next month,” allowing parents to link their accounts to those of teens aged 13 and above, enforce age-appropriate model behaviour rules, disable features like memory and chat history, and receive automatic notifications if their child shows signs of acute emotional distress. OpenAI to add more robust reasoning models To handle sensitive situations more effectively, the company…
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Image: DMO/ DP World DP World said on Tuesday it is investing $2.5bn in logistics infrastructure projects around the globe this year, a move that is generating almost 5,000 new construction jobs across five countries. The international supply chain solutions company, which employs more than 100,000 people directly, said the investment will support major transport developments in India, Britain, Ecuador, Senegal and the Democratic Republic of Congo. “We are delighted that our investment is providing jobs for almost 5,000 people this year alone to help deliver major upgrades to the transport infrastructure of five different countries,” Sultan Ahmed bin Sulayem,…
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Key Takeaways Nearly 86% of people report using a budget regularly. Less than 25% said they stick to their budget. Reasons why people can’t stick to budgets include overspending, increasing expenses, debt, and unrealistic goals. Age, income, and race often play into how and whether people budget. Money is on the mind of many consumers. As many as 54% of Americans spend more than four hours a day thinking about their finances. So, it’s no surprise that consumers consider money management a priority, with more than two-thirds saying they use budgets to get through the month. However, research shows that…
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Key Takeaways Most households should aim to replace 70% to 85% of their pre-retirement pay, combining savings withdrawals with Social Security. Adjusting the mix of contributions, your claiming age, and products such as annuities lets you hit a personalized replacement target. Reaching $1 million in your 401(k) is a big milestone, but a seven‑figure balance can be a mirage. The question is whether all of your retirement resources—401(k), individual retirement account (IRA), brokerage account, cash, and Social Security—can be counted on to reliably replace enough of your paycheck to keep your lifestyle intact for decades.That percentage is called your income…
Choosing your stockbroker isn’t too different from picking a stock. It starts with knowing your investing style—and of course, determining some investment goals (beyond making money, of course). Today, you have more broker options than earlier generations ever did. But of course, a variety of choices—though welcome—can make decisions more complicated, too. Let’s look at the types of brokers out there, how they work, and how they charge, along with some all-around thoughts about questions to ask and research to do, no matter what type of financial advisor you’re considering. Retail brokers fall into two basic categories: full-service brokers and…
Key Takeaways Southwest no longer offers two free checked bags to all travel tiers.Some travelers, like A-List Preferred or Business Select members, still qualify for waived fees.New fees apply to lower fare classes like Basic, Wanna Get Away Plus, and Anytime, while higher-tier fares still include two checked bags. Southwest Airlines built its brand on letting your bags fly free. But recent changes have started to chip away at that promise. While the airline still offers some ways to avoid checked bag fees, they’re not as universal as they used to be. Here’s what travelers should know before they fly.…