AI Makes Strides, but Has a Long Way to Go

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Keywords: Creating artificial intelligence systems that can be used for a variety of problems, and not just the narrow applications to which the technology has been put so far, could take decades, writes Christopher Mims.

Breakthrough Prize Awards $24 Million to 12 Scientific Researchers

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Prizes go to researchers pursuing pathbreaking ideas ranging from the genetic causes of rare diseases to furthering our understanding of black holes.

Global Economy Week Ahead: Fed Speakers, ECB Meeting, Japan Wages

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U.S. monetary policy will take center stage early in the week, with three Federal Reserve officials speaking ahead of the central bank’s December meeting, and any repercussions of Sunday’s referendum in Italy on changes to the government there will be watched for broader effects through Europe.

Apple Signals Interest in Self-Driving Software

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Apple confirmed for the first time its interest in autonomous-vehicle technology, but it remains unlikely the company will design or build a complete car.

Pratt & Whitney Union Members Approve Five-Year Contract

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Workers at jet-engine maker Pratt & Whitney ratified a five-year contract Sunday, avoiding a potential labor dispute when the company is trying to increase production of new engines for commercial airliners.

Irrational Exuberance: Alan Greenspan's Call,20 Years Later

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The former Fed chairman’s phrase has since transcended Wall Street, Main Street and even the best-seller list, claiming a place as one of the most iconic in financial markets.

Jobless Rate Hits Lowest Level Since Before Recession

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U.S. employers hired at a steady clip in November while the unemployment rate fell to 4.6%, the lowest level in nine years—signs of enduring labor-market growth that will likely leave Fed officials on track to raise rates this month.

Inventory Check: We Went to the Stores

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Heard on the Street is conducting an experiment to see how retailers’ claim that low inventory will mean less discounting is playing out.

Global Bond Markets: Into the Maelstrom

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The storm that battered bond markets in November doesn’t seem likely to abate just yet.

Chips Need a Nick, Not a Cut

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Semiconductor stocks are vulnerable after big run-up, but strong fundamentals remain.

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