News 

Mike Pence hopes for a ‘new era’ in Middle East peace talks, but Palestinians are looking for partners elsewhere

“Pence added that he was hopeful that the US had helped spur a “new era of renewed discussions” about regional peace” writes Rosie Perper for businessinsider.com. US Vice President Mike Pence told Israeli Prime Minister Benjamin Netanyahu that he hopes to usher in a “new era” of Middle East peace talks, while the Palestinians have scorned US efforts and are turning to other global leaders for support. Source: businessinsider.com Share This:

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News Oil 

Is Your Company’s Data Actually Valuable in the AI Era?

“An AI startup that acquires a trove of data on past yogurt sales can train an AI model to predict future sales” reports hbr.org. The data you have now is training data.Instead, the data you have now, which your company accumulated over time, is the type of data used to build the prediction machine — not operate it.In the AI economy, the value of your accumulated data is limited to a one-time benefit from training your AI model.Your training data is more valuable if enhanced prediction accuracy can increase yogurt sales by $100 million…

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Josh Donaldson agrees to $23M, 1-year deal with Blue Jays

“TORONTO (AP) — Third baseman Josh Donaldson and the Toronto Blue Jays agreed to a $23 million contract Friday, the largest one-year deal for an arbitration-eligible player” reports yahoo.com. The 32-year-old, a three-time All-Star, topped the $21,625,000, one-year deal covering 2018 agreed to last May by outfielder Bryce Harper and Washington.Donaldson was coming off a $28.65 million, two-year deal. Source: yahoo.com Share This:

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Markets News 

Bill Gross signals that the bond bear market has now begun

“The bond bear market is finally upon us after more than 25 years, bond guru Bill Gross said Tuesday” writes Natasha Turak for cnbc.com. The call was released in a tweet from the account of Janus Henderson Group, Gross’s investment firm, saying: “Bond bear market confirmed today. 25 year long-term trendlines broken in 5 (year) and 10 (year) maturity Treasuries.”. Thought to be triggered by the Bank of Japan’s tapering of bond purchases, his claim is making waves in the investment community and coincides with central banks increasingly moving away…

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Senate testimony: Opioid drugs are a ‘symbol for our era’

“Additionally, the attitude that created the opioid crisis is amplified on college campuses” writes Rebekah Clark for washingtonexaminer.com. President Trump first declared the opioid crisis a public health emergency in October 2017 and went as far as to donate his third quarter salary toward the Department of Health and Human Services’ efforts to combat the crisis around the country. Source: washingtonexaminer.com Share This:

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