Summary: <p></p> <p>Barbie and Taylor Swift are just about everywhere right now, they even got a mention at the Fed’s news conference today. Seriously! We’ll explain what these pop culture icons have to do with the today’s interest rate hike. Plus, how leaning on algorithms and AI for bureaucratic work could come with real costs for consumers. And, candid thoughts about climate change.</p> <p> </p> <p>Here’s everything we talked about today:</p> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.cbsnews.com/news/cigna-algorithm-patient-claims-lawsuit/" target="_blank" rel="noreferrer noopener">“Cigna accused of using an algorithm to automatically reject patient claims”</a> from CBS News</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.propublica.org/article/cigna-pxdx-medical-health-insurance-rejection-claims" target="_blank" rel="noreferrer noopener">“How Cigna Saves Millions by Having Its Doctors Reject Claims Without Reading Them”</a> from ProPublica</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.nytimes.com/2023/07/26/business/energy-environment/electric-vehicles-fast-chargers-automakers.html" target="_blank" rel="noreferrer noopener">“G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers”</a> from The New York Times</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.engadget.com/mits-photoguard-protects-your-images-from-malicious-ai-edits-213036912.html" target="_blank" rel="noreferrer noopener">“MIT’s ‘PhotoGuard’ protects your images from malicious AI edits”</a> from Engadget</li> </ul> </li> </ul> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li> <a href="https://www.nytimes.com/live/2023/07/26/business/fed-interest-rates#what-to-watch-at-the-fed-meeting" target="_blank" rel="noreferrer noopener">“Powell Speaks on Fed Rate Hike”</a> from The New York Times</li> </ul> </li> </ul> <p></p> <p> </p> <p>Got a question about resuming student loan repayments for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.</p> <p></p>
