The Amazing Ways Artificial Intelligence Is Transforming The Music Industry

The days of debating if artificial intelligence (AI) will impact the music industry are over. Artificial intelligence is already used in many ways. Now it’s time to consider how much it …

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The term “burnout” dates to 1974 , but judging from the media, and many people I know, it’s the official diagnosis of 2019. Well, semi-official: last month, in Geneva, the World …

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A previous version of this Market Pulse misstated the number of nonfarm jobs created in June. The headline has been corrected.

Gold futures tumbled Friday morning after a key reading of U.S. jobs came in far better than expected, sparking doubt about a price-supportive rate cut by the Federal Reserve for bullion. The U.S. dollar also jolted higher, as measured by the ICE U.S. Dollar Index DXY, +0.56% up 0.4%, creating a headwind for dollar-priced gold, which tends to decline as the buck strengthens, making commodities priced in the currency more expensive to buyers using other monetary units. August gold GCQ19, -1.43% was down 1.4% at $1,400 an ounce, with prices at $1,416.10 an ounce just prior to the labor report, according to FactSet data. The U.S. added 224,000 new jobs in June, rebounding from a lull in May, and the unemployment rate, meanwhile, edged up to 3.7% from 3.6% as more than 300,000 people entered the labor force in search of work. Unemployment is still near a 50-year low, however. The healthy report casts some doubt about a rate reduction by the Fed, which has been anticipated amid signs of weak domestic data, including last month’s less-than-stellar jobs report.

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lukasolson@inboxhub.net

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