Moody's could downgrade US credit rating

Market Overview
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Year To Date Performances:

1. Moody's sounds the alarm on US credit! The renowned credit rating agency, which stands as the last major firm to award the US a perfect credit score, is expressing growing unease about an impending government shutdown. While they haven't outright stated a potential downgrade, the tension in their recent statements is palpable. Their primary concern centers on the political wrangling in Congress, which is battling to secure a crucial bill that would avert a government shutdown as the new fiscal year looms in October. With political skirmishes increasingly hampering US fiscal choices amid a backdrop of mounting debt and continuous budget shortfalls, Moody's warns of the severe constraints intensifying political divides might bring to the nation's financial policy-making.

2. OpenAI's ChatGPT just got a fresh upgrade; it's not just about text anymore—this AI can now "visualize" images and "tune in" to spoken conversations. Marking the most groundbreaking enhancement since the debut of GPT-4, users can now experience interactive voice chats through the ChatGPT mobile application. And that's not all: you can personalize your chat experiences by selecting from a palette of five synthetic voices. Plus, sharing photos for ChatGPT's insights has never been easier; whether you're curious about a piece of art or seeking a cloud-type identification, it's got you covered. Premium users, stay on your toes! These fantastic additions are rolling out in a fortnight. And remember, while the voice chat perk is a mobile app exclusive, the image analysis tool is accessible on every platform. The future of AI chat is here!

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4. Headlines

   1. Costco is moving into the telehealth industry with $29 virtual health consultations.

   2. The average salary for a job with “AI” in the title in the US is up to $300k/year.

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