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Gasoline prices dropped by nearly a fifth between September and November and meat and poultry prices fell by 6.7% in metro Denver, leading to the first bi-monthly decline in consumer inflation in 14 months, according to an update Tuesday from the U.S. Bureau of Labor Statistics. “Between September and November, prices in Denver fell by 0.34%. This was the first two-month period of deflation since September of last year,” said Cole Anderson, a research analyst with the Common Sense Institute, in an emailed report. The…

Ben Otto / Wall Street Journal: JD.com reports Q3 revenue up 1.7% YoY to ~$33.98B, beating ~$33.81B est., and net profit up 33% YoY to ~$1.09B, beating ~$952M est., aided by cost controls — The bottom line was also boosted by nonoperating income — Chinese e-commerce giant JD.com beat analyst estimates for quarterly profit … Ben Otto / Wall Street Journal: JD.com reports Q3 revenue up 1.7% YoY to ~$33.98B, beating ~$33.81B est., and net profit up 33% YoY to ~$1.09B,…

A "final Beatles record", created with the help of artificial intelligence, will be released later this year, Paul McCartney told the BBC in an interview broadcast on Tuesday."It was a demo that John (Lennon) had, and that we worked on, and we just finished it up," said McCartney, who turns 81 next week. The Beatles -- Lennon, McCartney, George Harrison and Ringo Starr -- split in 1970, with each going on to have solo careers, but they never reunited. Lennon was shot dead in New York in 1980 aged 40 while Harrison died…

Using transformer to help solve a classic problem in supply chain — facility location problemPhoto by Mika Baumeister on UnsplashChatGPT has been a really hot topic recently due to its general intelligence to accomplish a broad range of tasks. The core model underneath ChatGPT is transformer, which was first proposed for machine translation tasks in the well-known paper Attention is all you need by a research team at Google. Transformer processes an entire sentence at once using an attention mechanism and positional…

Financial Times: Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon deliveries — When crypto exchange FTX moved its headquarters to the Bahamas from Hong Kong last year, employees discovered that Amazon did not deliver to the island. Financial Times: Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon…

Republicans blocked a bill on Wednesday that many saw as a bipartisan slam dunk, which aimed to expand certain benefits for veterans due to toxic exposure they experienced while deployed, leaving many veterans and their supporters shocked. The PACT Act, a bill that would have expanded the Department of Veterans Affairs health care to presume veterans whose military service included exposure to burn pits— large trenches dug to burn and dispose of sewage, medical waste and other trash— to be victims of exposure to toxic…