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	<title>account &#8211; USA NEWS LIVE</title>
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	<title>account &#8211; USA NEWS LIVE</title>
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		<title>Citi by accident wrote the client account 81 trillion dollars: ft</title>
		<link>https://bloggingthree.soflytech.com/2025/02/citi-by-accident-wrote-the-client-account-81-trillion-dollars-ft/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 28 Feb 2025 18:00:42 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[accidentally]]></category>
		<category><![CDATA[account]]></category>
		<category><![CDATA[Citi]]></category>
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		<category><![CDATA[dollars]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=25397</guid>

					<description><![CDATA[From Denise Wee &#124; Bloomberg Citigroup Inc. incorrectly credited 81 trillion dollars for a customer&#39;s account last April last April before he reversed the transaction hours, in line with the Financial Times. The transfer was missed by two employees and located by a 3rd worker 90 minutes after his publication, the report says. According to [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2016/08/20140714__0715citi1-1.jpg?w=1400px&amp;strip=all" /></p>
<p><strong>From Denise Wee | Bloomberg</strong></p>
<p>Citigroup Inc. incorrectly credited 81 trillion dollars for a customer&#39;s account last April last April before he reversed the transaction hours, in line with the Financial Times.</p>
<p>The transfer was missed by two employees and located by a 3rd worker 90 minutes after his publication, the report says. According to the report, no funds from the bank were not noted of the bank, they usually were announced as a &#8220;near flour&#8221; for the Federal Reserve and the office of the Currency Competroller.</p>
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<p>&#8220;Despite the fact that a payment of this size could actually not be carried out, our detective controls immediately identified the input error between two Citi -Ledger accounts and we have reversed the entry,&#8221; said a Citigroup spokesman in an e -mail. &#8220;Our preventive controls would have stopped all funds that left the bank.&#8221;</p>
<p>The incident had no influence on the bank or its customers, the spokesman added.</p>
<p>According to FT, a complete of 10 faults of 1 billion US dollars or more in Citi were performed last 12 months, citing an internal report. While the previous 12 months was declining within the previous 12 months, the report said that just about Misses of greater than 1 billion US dollars were unusual within the US bank industry.</p>
<p>Other stories like this can be found in <a href="https://www.bloomberg.com">Bloomberg.com</a></p>
<p>© 2025 Bloomberg LP</p>
<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Chegg sues Google because he violated traffic since it takes alternatives into consideration</title>
		<link>https://bloggingthree.soflytech.com/2025/02/chegg-sues-google-because-he-violated-traffic-since-it-takes-alternatives-into-consideration/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 25 Feb 2025 01:37:20 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[account]]></category>
		<category><![CDATA[Alternatives]]></category>
		<category><![CDATA[Chegg]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Sues]]></category>
		<category><![CDATA[takes]]></category>
		<category><![CDATA[traffic]]></category>
		<category><![CDATA[violated]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=25169</guid>

					<description><![CDATA[Cegg On Monday, lawsuit was submitted to the Federal District Court against a GoogleWith the assertion that the summaries of artificial intelligence of search results affect traffic and sales of the net education company. The legal step takes place for nearly two years after the previous CEO Dan Rosenweig shared who cope with Openas Chatgpt [&#8230;]]]></description>
										<content:encoded><![CDATA[<p></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Cegg<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    On Monday, lawsuit was submitted to the Federal District Court against a <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Google<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>With the assertion that the summaries of artificial intelligence of search results affect traffic and sales of the net education company.</p>
<p>The legal step takes place for nearly two years after the previous CEO Dan Rosenweig shared who cope with Openas Chatgpt Assistant to attain the brand new customer growth of Chegg.</p>
<p>Chegg is price lower than $ 200 million, and on Monday by trading in trading in trading in trading in a share, the stock acted only over $ 1 per share. Chegg has commissioned Goldman Sachs and can have a look at strategic options, including the acquisition and personal, president and CEO Nathan Schultz to analysts in a profit connection on Monday.</p>
<p>Chegg recorded a net lack of $ 6.1 million at $ 143.5 million in sales of the fourth quarter, a decrease of 24% in comparison with the previous 12 months <a href="https://www.businesswire.com/news/home/20250223441916/en/" target="_blank">opinion</a>. Analysts surveyed by LSEG had expected sales of $ 142.1 million. Management called for sales between $ 114 million and $ 116 million in the primary quarter, however the analysts had $ 138.1 million. The share decreased by 24% in prolonged trading.</p>
<p>Google forces firms corresponding to Chegg to &#8220;deliver our proprietary content to be included in Google&#39;s search function,&#8221; said Schultz, adding that the search company uses its monopoly power and uses the financial benefits of Cheggs without spending a cent must. &#8220;</p>
<p>Despite the suit, Chegg has its own AI strategy. It dressed <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5">Meta<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Open source Lama as well as models from privately kept anthropic and mistals, said Schultz. In addition to Google, Chegg also teamed up with Openaai, which the educational company sees as a competitor. The company reported that 3.6 million students had subscriptions in the fourth quarter, which corresponds to a decline of 21%. Subscribers include access to AI-driven learning aid. Chegg also rents and sells textbooks.</p>
<p>AI overviews, as the summaries of Google&#39;s artificial intelligence are called, are available in the company&#39;s search engine in over 100 countries with more than 1 billion users, according to the company in <a href="https://blog.google/products/search/ai-overviews-search-october-2024/" goal="_blank">October</a>. They are displayed in the search results via links to other pages.</p>
<p>A Google spokesman announced CNBC that the company would defend itself against Chegg&#39;s lawsuit, which claimed that the search company had violated § 1 and two of the Sherman Antitrust Act from 1890.</p>
<p>&#8220;Every day, Google sends billions of clicks on web sites throughout the net, and AI overviews send data traffic to a greater variety of internet sites,&#8221; said Google spokesman.</p>
<p>Chegg claimed that Google had raised 135 million questions and answers to a variety of topics in its model training data sets on Chegg&#39;s collection of 135 million questions.</p>
<p>After training its models, Google can generate content that competes with information that has offered publishers in the search results, Chegg argued in his complaint. The online learning company contained a screenshot of a Google -Ki overview that lends details from the Chegg website, but does not attribute the information. However, the relevant CHEGG page is shown lower in the search results.</p>
<p>Chegg quoted the judgment of a federal judge last August in August that Google Google<strong> </strong>A monopoly holds on the search market. The decision came after the Ministry of Justice submitted its pioneering case in 2020 and claimed that Google had checked the general search market by creating strong entry barriers and creating a feedback loop that supported its dominance.</p>
<p><strong>REGARD:</strong> Google triggers AI overviews in six other countries</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Women have the next risk of dying from heart disease &#8211; partly because doctors don&#8217;t take large gender differences into consideration</title>
		<link>https://bloggingthree.soflytech.com/2024/10/women-have-the-next-risk-of-dying-from-heart-disease-partly-because-doctors-dont-take-large-gender-differences-into-consideration/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 23 Oct 2024 03:48:31 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[account]]></category>
		<category><![CDATA[Differences]]></category>
		<category><![CDATA[disease]]></category>
		<category><![CDATA[doctors]]></category>
		<category><![CDATA[dying]]></category>
		<category><![CDATA[gender]]></category>
		<category><![CDATA[heart]]></category>
		<category><![CDATA[Higher]]></category>
		<category><![CDATA[large]]></category>
		<category><![CDATA[partly]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[women]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=17797</guid>

					<description><![CDATA[An easy difference within the genetic code — two X chromosomes versus one X chromosome and one Y chromosome — can result in big differences in heart disease. It seems that these genetic differences affect greater than just the sex organs and gender assigned at birth &#8211; they fundamentally change the best way heart problems [&#8230;]]]></description>
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<p>An easy difference within the genetic code — two X chromosomes versus one X chromosome and one Y chromosome — can result in big differences in heart disease. It seems that these genetic differences affect greater than just the sex organs and gender assigned at birth &#8211; they fundamentally change the best way heart problems develops and occurs. </p>
<p>While gender influences the mechanisms underlying the event of heart problems, gender plays a job in how healthcare providers recognize and treat it. <a href="https://orwh.od.nih.gov/sex-gender">Sex refers to</a> biological characteristics corresponding to genetics, hormones, anatomy and physiology <a href="https://orwh.od.nih.gov/sex-gender">Gender refers to</a> social, psychological and cultural constructs. women are <a href="https://doi.org/10.1161/CIR.0000000000001052">more more likely to die</a> after a primary heart attack or stroke than men. The probability can also be higher in women <a href="https://doi.org/10.1161%2FJAHA.119.012307">additional or different heart attack symptoms</a> that transcend chest pain, corresponding to nausea, jaw pain, dizziness and fatigue. It is commonly difficult to completely distinguish the influence of sex on heart problems outcomes from the influences of gender.</p>
<p>While women who haven&#8217;t yet reached menopause have a lower risk of heart problems than men, their cardiovascular risk is lower <a href="https://doi.org/10.1016%2Fj.jacc.2022.02.010">accelerates dramatically after menopause</a>. If a girl also has type 2 diabetes, her risk of heart attack increases <a href="https://doi.org/10.1007%2Fs00125-019-4939-5">equivalent to that of men</a>even when the girl with diabetes has not yet undergone menopause. More data are needed to higher understand differences in heart problems risk <a href="https://doi.org/10.1093/ejendo/lvad170">non-binary and transgender patients</a>. </p>
<p>Despite these differences, one thing is similar: heart attacks, strokes and other types of heart problems are the identical thing <a href="https://www.cdc.gov/heart-disease/data-research/facts-stats/index.html">commonest reason for death</a> for all people, no matter sex or gender. </p>
<p>We are researchers <a href="https://scholar.google.com/citations?hl=en&#038;tzom=360&#038;user=GmsNzdoAAAAJ">that cope with women&#39;s health</a> <a href="https://scholar.google.com/citations?hl=en&#038;user=Hpbl93AAAAAJ">and the best way heart problems occurs</a> develops and presents itself otherwise in men and women. Our work has identified an urgent must update medical guidelines with gender-specific approaches to diagnosis and treatment to attain this <a href="https://doi.org/10.1016%2Fj.jacc.2022.02.010">Improving health outcomes for all</a>. </p>
<h2>Sex differences in heart disease</h2>
<p>The reasons for this <a href="https://doi.org/10.1016/j.jacc.2022.02.010">Gender and gender differences</a> in cardiovascular diseases should not fully known. The different biological effects of gender, corresponding to hormonal and genetic aspects, in comparison with gender, corresponding to social, cultural and psychological aspects, are also not clearly differentiated. </p>
<p>What researchers do know is that the collected evidence supports what good heart care should appear like <a href="https://doi.org/10.1016%2Fj.jacc.2022.02.010">for girls in comparison with men</a> has as many holes as Swiss cheese. Medical evidence for the treatment of heart problems often comes from studies that excluded women, as until then women had largely not been included in scientific research <a href="https://orwh.od.nih.gov/toolkit/recruitment/history">NIH Revitalization Act of 1993</a>. For example, current guidelines for treating cardiovascular risk aspects corresponding to hypertension apply <a href="https://doi.org/10.1016/j.amjmed.2016.06.022">based totally on data from men</a>. This is despite evidence that differences in the best way heart problems occurs cause women to experience heart problems otherwise.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#553326"><img decoding="async" alt="Doctor holds stethoscope against a patient&#39;s chest" class="lazyload" src="https://images.theconversation.com/files/614047/original/file-20240816-17-fc9quj.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/614047/original/file-20240816-17-fc9quj.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/614047/original/file-20240816-17-fc9quj.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/614047/original/file-20240816-17-fc9quj.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/614047/original/file-20240816-17-fc9quj.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/614047/original/file-20240816-17-fc9quj.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/614047/original/file-20240816-17-fc9quj.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Gender bias in healthcare influences the kind of testing and a focus women receive.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/photo/close-up-of-doctor-listening-to-a-senior-womans-royalty-free-image/1614462753">FG Trade Latin/E+ via Getty Images</a></span><br />
            </figcaption></figure>
<p>In addition to the gender differences implicit <a href="https://doi.org/10.1161%2FJAHA.117.006872">gender bias amongst providers and gender social norms amongst patients</a> cause doctors to underestimate the danger of cardiac events in women in comparison with men. These biases play a job in why women die from cardiac events more often than men. For example, in patients with symptoms bordering on heart problems, doctors are inclined to order arterial imaging more aggressively in men than in women. One study partially linked this tendency to order less aggressive tests for girls to a <a href="https://doi.org/10.1161%2FJAHA.117.006872">Gender bias</a> that men are more willing to take risks than women. </p>
<p>In a study of about 3,000 patients who had recently suffered a heart attack, women were less likely than men to consider this <a href="https://doi.org/10.1161%2FCIRCULATIONAHA.117.031650">Symptoms of a heart attack</a> were resulting from heart disease. In addition, most girls have no idea that it&#8217;s heart problems <a href="https://doi.org/10.1161/cir.0000000000000907">No. 1 reason for death in women</a>. Overall, women&#39;s misperceptions about their very own risk can prevent them from searching for medical attention to judge possible symptoms of a heart attack or stroke.</p>
<p>For women of color, these problems are further exacerbated. Lack of access to healthcare and extra challenges <a href="https://doi.org/10.1161%2FJAHA.121.023650">promote health inequalities</a> amongst underrepresented racial and ethnic minorities.</p>
<h2>Sex difference in heart disease</h2>
<p>Cardiovascular disease looks physically different in men and women, particularly resulting from the plaque buildup on artery partitions that contributes to the disease. </p>
<p>women have <a href="https://doi.org/10.1161/CIRCRESAHA.121.319902">fewer cholesterol crystals</a> and fewer calcium deposits in arterial plaque than men. Physiological differences within the <a href="https://doi.org/10.1161/CIRCRESAHA.121.319902">smallest blood vessels</a> Heart nutrition also plays a job in cardiovascular outcomes.  </p>
<p>Women are more likely than men to suffer from heart problems, which manifests itself in the shape of several narrowed arteries that should not completely “clogged”. This results in chest pain because blood flow can&#8217;t be increased enough to fulfill the upper oxygen demands brought on by exercise, just like low blood pressure. Flow shower head. When chest pain occurs in this manner, doctors call this condition <a href="https://doi.org/10.1016/j.atherosclerosis.2022.11.009">Ischemia and no obstructive coronary arteries</a>. In comparison, men usually tend to have a &#8220;clogged&#8221; artery in a concentrated area that could be opened with a stent or heart bypass surgery. Options for multiple narrowed arteries lag behind treatment options for typical “clogged” arteries, putting women at a drawback.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:48.143236074270554%;--background-color:#2a463a"><img decoding="async" alt="Direct comparison of two angiograms of cardiac arteries, the left with coronary artery disease and the right with coronary microvascular disease" class="lazyload" src="https://images.theconversation.com/files/614055/original/file-20240816-17-62dl14.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/614055/original/file-20240816-17-62dl14.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=289&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/614055/original/file-20240816-17-62dl14.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=289&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/614055/original/file-20240816-17-62dl14.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=289&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/614055/original/file-20240816-17-62dl14.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=363&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/614055/original/file-20240816-17-62dl14.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=363&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/614055/original/file-20240816-17-62dl14.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=363&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Blood vessels don&#39;t should be clogged with plaque to cause heart disease.</span><br />
              <span class="attribution"><a class="source" href="https://doi.org/10.3934/mbe.2023582">Zhao and Gong 2023/Mathematical Life Sciences and Engineering</a></span><br />
            </figcaption></figure>
<p>In addition, within the early stages of a heart attack, levels of blood markers that indicate damage to the guts are increased <a href="https://doi.org/10.1016/j.jacc.2023.04.040">are lower</a> <a href="https://doi.org/10.1016/j.clinbiochem.2024.110731">in women</a> than in men. This may result in the next rate of missed diagnosis of coronary heart disease in women in comparison with men. </p>
<p>The reasons for these differences should not entirely clear. Some <a href="https://doi.org/10.31083%2Fj.rcm2403086">possible aspects</a> These include differences in arterial plaque composition, which make plaque more more likely to rupture or rupture in men and plaque more more likely to erode in women. Women have it too <a href="https://doi.org/10.1016/j.ahj.2014.06.006">lower heart mass and smaller arteries than men, even after accounting for body size</a>.</p>
<h2>Reducing gender differences</h2>
<p>All too often, women with symptoms of heart problems are turned away from the doctor&#39;s office due to the gender bias that claims &#8220;women don&#39;t get heart disease.&#8221; </p>
<p>Considering different symptoms of heart problems depending on sex and gender could help doctors higher look after all patients. </p>
<p>One way the rubber is moving is thru higher approaches to diagnosing heart attacks in men and women. In particular, when diagnosing heart attacks, gender-specific limits are used for blood tests that measure heart damage &#8211; so-called <a href="https://doi.org/10.1089/jwh.2024.0242">highly sensitive troponin tests</a> &#8211; may <a href="https://doi.org/10.1016/j.jacc.2023.04.040">improve their accuracy</a>This reduces the variety of missed or false-negative diagnoses in women while reducing the variety of over-diagnoses or false-positive leads to men.</p>
<p><a href="https://doi.org/10.1016/j.jacc.2022.02.010">The heads of our research laboratory</a>, <a href="https://doi.org/10.1007/s00125-019-4939-5">Employees</a> and other internationally recognized research colleagues – a few of whom collaborate with us <a href="https://medschool.cuanschutz.edu/center-for-womens-health-research/about-us/faculty-leadership">Ludeman Family Center for Women&#39;s Health Research</a> on the University of Colorado Anschutz Medical Campus – will proceed this vital work to shut this gender gap in healthcare. <a href="https://medschool.cuanschutz.edu/center-for-womens-health-research/faculty-researchers_/research-events-trainings/national-conference">Research on this area</a> It is critical to make clear ways physicians can higher manage gender-specific symptoms and advance tailored treatments. </p>
<p>The <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/18/fact-sheet-president-biden-issues-executive-order-and-announces-new-actions-to-advance-womens-health-research-and-innovation/">The Biden administration&#39;s latest executive order</a> Funding women&#39;s health research paves the best way for research that goes beyond simply understanding the causes of sex differences in heart problems. Developing and testing appropriate treatment approaches for every patient may also help improve the health of everyone.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Being “mindful” together with your checking account can bring greater than just peace of mind, a researcher explains</title>
		<link>https://bloggingthree.soflytech.com/2024/10/being-mindful-together-with-your-checking-account-can-bring-greater-than-just-peace-of-mind-a-researcher-explains/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 01 Oct 2024 15:48:48 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[account]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bring]]></category>
		<category><![CDATA[explains]]></category>
		<category><![CDATA[mind]]></category>
		<category><![CDATA[mindful]]></category>
		<category><![CDATA[peace]]></category>
		<category><![CDATA[researcher]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=16276</guid>

					<description><![CDATA[Mindfulness, the meditation practice that focuses attention on present experiences, is becoming increasingly necessary within the business world. Researchers have long known that mindfulness brings physical and mental advantages, resembling: higher brain health, Decision making And Stress resilience. Big corporations like Google, Aetna and Intel offer Mindfulness training programs as a strategy to increase worker [&#8230;]]]></description>
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<p>Mindfulness, the meditation practice that focuses attention on present experiences, is becoming increasingly necessary within the business world.</p>
<p>Researchers have long known that mindfulness brings physical and mental advantages, resembling: <a href="https://www.sciencedirect.com/science/article/pii/S0149763414000724?casa_token=tBkLgXm3z_wAAAAA:lt5RH6pmoXqvaVEH7VRaU2whfs_dfRZXUNsrSbE8rPvEbnXSIHzgKaY353ldAu3lpmNm4fMY">higher brain health</a>, <a href="https://hbr.org/2014/03/mindfulness-in-the-age-of-complexity">Decision making</a> And <a href="https://doi.org/10.1007/s12671-018-1022-0">Stress resilience</a>. Big corporations like Google, Aetna and Intel offer <a href="https://hbr.org/2015/12/why-google-target-and-general-mills-are-investing-in-mindfulness">Mindfulness training programs</a> as a strategy to increase worker well-being and productivity.</p>
<p>Building on this trend, financial services and products are increasingly using the term “financial mindfulness” to appeal to consumers. For example, <a href="https://www.fidelity.com/learning-center/smart-money/money-and-mental-health">loyalty</a> talks in regards to the importance of mindfulness when saving and investing <a href="https://www.pnc.com/insights/personal-finance/borrow/mindful-money-how-net-worth-affects-your-well-being.html">PNC</a> And <a href="https://investor.vanguard.com/investor-resources-education/article/the-science-behind-money-and-emotion">vanguard</a> When planning your funds, deal with regulating your emotions.</p>
<p>Retailers offer <a href="https://www.amazon.com/Financial-Mindfulness-Journal-finances-spending/dp/1736791915">Financial Mindfulness Magazines</a> which claim to assist people distinguish needs from wants and set financial goals. Books like “<a href="https://newworldlibrary.com/product/mindful-money">Mindful money</a>&#8221; And &#8220;<a href="https://us.macmillan.com/books/9781250261915/themindfulmillionaire">The mindful millionaire</a>“Explore how you can achieve peace and prosperity through money management. Fintech is available with apps such as: B. jumped on the bandwagon of financial mindfulness <a href="https://apps.apple.com/us/app/financial-mindfulness/id1476093038">Financial mindfulness</a>, <a href="https://play.google.com/store/apps/details?id=co.jomolabs.payday&#038;hl=en_US&#038;pli=1">Allo: Mindful money tracker</a> And <a href="https://apps.apple.com/us/app/aura-finance/id1597219864">aura</a>a mindful money management platform designed to help you “use your money wisely and ease worries.”</p>
<p>But not everyone agrees on what “financial mindfulness” means – and does it even matter?</p>
<p>The short answer is: yes.</p>
<h2>What financial mindfulness is</h2>
<p>Combined, our team has 32 years of experience researching the psychology of consumer finance. Georgetown professor <a href="https://gufaculty360.georgetown.edu/s/contact/00336000014RdqfAAC/simon-blanchard">Simon Blanchard</a> <a href="https://business.cornell.edu/faculty-research/faculty/eng26/">and me</a>together with Cornell Ph.D. Student <a href="https://www.johnson.cornell.edu/programs/phd-program/current-students/hlk63/">Lena Kim</a>held the primary major event <a href="http://dx.doi.org/10.2139/ssrn.4564115">academic study</a> on the subject of economic mindfulness. </p>
<p>We first conducted a dozen hour-long interviews asking, “What does financial mindfulness mean to you?” The people we interviewed were from different stages of life, from late teens to early 60s, they usually had several types of financial expertise Stresses talk: from determining how best to administer student debt to managing the financial and emotional stress of a divorce to staying on course with retirement planning.</p>
<p>Our interviews revealed two foremost skills that buyers associate with financial mindfulness: a high level of economic awareness, or knowing what you&#8217;ve and what you owe; and a high level of economic acceptance. </p>
<p>To be clear, this doesn&#39;t mean being complacent. Rather, it&#39;s about having the ability to make unpleasant financial decisions without letting your emotions get the higher of you.</p>
<p>We used these two components to create one <a href="https://mcdonough.sjc1.qualtrics.com/jfe/form/SV_6gmyNdBMazDyOJU">Eight-item scale</a> to measure how financially mindful someone is.</p>
<h2>Why financial mindfulness is essential</h2>
<p>We then wanted to research whether financial mindfulness actually leads to higher financial decisions. </p>
<p>Previous studies have shown this <a href="https://doi.org/10.1177/0956797613503853">practice general mindfulness</a> reduces the likelihood of individuals falling victim to it <a href="https://doi.org/10.1016/0749-5978(85)90049-4">Sunk cost distortion</a>: the tendency to proceed working on something simply because you&#8217;ve already invested numerous money, effort, or time.</p>
<p>For example, persons are told that an investment strategy they&#8217;ve developed over several months is just not working and that there isn&#8217;t any strategy to recoup the time or money lost. Those who exhibit this bias determine to proceed with their current investment strategy though they understand it isn&#39;t working.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:62.46684350132627%;--background-color:#324655"><img decoding="async" alt="A man with gray hair tied in a bun and wearing a blue suit sits at a table with paperwork surrounded by other tables with chairs on them." class="lazyload" src="https://images.theconversation.com/files/621995/original/file-20240926-16-h83bfs.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/621995/original/file-20240926-16-h83bfs.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=375&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/621995/original/file-20240926-16-h83bfs.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=375&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/621995/original/file-20240926-16-h83bfs.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=375&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/621995/original/file-20240926-16-h83bfs.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=471&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/621995/original/file-20240926-16-h83bfs.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=471&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/621995/original/file-20240926-16-h83bfs.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=471&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Deciding when to desert a method is an emotionally difficult decision, regardless of what the numbers say.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/photo/frustrated-manager-of-restaurant-working-at-table-royalty-free-image/1312633987?phrase=finances+frustration&#038;searchscope=image%2Cfilm&#038;adppopup=true">Halfpoint Images/Moment via Getty Images</a></span><br />
            </figcaption></figure>
<p>When we measured how mindful someone is usually and the way mindful they&#8217;re with funds particularly, we found their level of economic mindfulness <a href="https://doi.org/10.1177/01461672241265995">is a greater predictor</a> the choice to vary their investment strategy. In other words, people who find themselves aware of their funds and willing to simply accept their financial situation are higher capable of resist the sunk cost bias because they&#8217;re higher capable of cope with the emotions surrounding their money.</p>
<p>In addition to collecting our own data, we also worked with two fintech apps that allowed us to manage our financial mindfulness scale to our customers. </p>
<p>With <a href="https://aurafinance.io/">Aura Finance</a>a wealth management app aimed toward young, high-earning women, we examined each user&#39;s percentage allocation to stocks versus bonds, a typical metric <a href="https://www.proquest.com/docview/217543168?sourcetype=Trade%20Journals">Measure of the danger tolerance of an investment</a>. There is not any optimal split level between stocks and bonds, but younger persons are typically really helpful to adopt it <a href="https://www.investopedia.com/articles/investing/062714/100-minus-your-age-outdated.asp">more financial risk</a>. Although we didn&#8217;t include the Aura data in our published article, after we compared users&#39; scale scores with their portfolios, we found that financially mindful users were willing to take more risk of their portfolios. </p>
<p>With <a href="https://www.joindebbie.com/">Debbie</a>an app that helps customers track progress toward paying off debt and offers rewards once they reach goals, we found that those that are more financially mindful <a href="https://doi.org/10.1177/01461672241265995">have a better credit standing</a>. Every one-point increase in financial mindfulness was related to a 14.8-point increase in credit rating.</p>
<h2>Increase financial mindfulness</h2>
<p>In the present economic climate <a href="https://www.apa.org/news/press/releases/stress/2023/collective-trauma-recovery">financial stress</a> is a significant problem for a lot of Americans, resulting in anxiety, depression and other mental health problems. Here are some practical steps to be more mindful of your funds:</p>
<ol>
<li>
<p>Build financial awareness: Track and monitor your spending habits using available software, tools and apps resembling: B. the one offered by your bank. This will allow you to understand your relationship with money and develop financial awareness. You can&#39;t develop financial mindfulness without knowing what&#39;s occurring together with your own money.</p>
</li>
<li>
<p>Develop financial acceptance: You also need to simply accept your financial situation, even in case your funds aren&#8217;t what you wish them to be. Use services resembling: <a href="https://www.nerdwallet.com/article/investing/financial-coach">Money Coach</a> or <a href="https://ladiesgetpaid.com/">Online communities for money matters</a>. Talking about money helps.</p>
</li>
<li>
<p>Find out more about yours <a href="https://web.aurafi.io/quiz">Money Personality</a> – Your core beliefs about whether money can solve problems and what financial goals are most vital to you. This will allow you to develop higher coping mechanisms. </p>
</li>
</ol>
<p>Incorporating mindfulness into financial practices and habits can assist people navigate their financial journey. Based on our research, we imagine that financial services providers should proceed to supply not only awareness-related services but additionally acceptance tools to assist their customers live happier financial lives.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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