"Morgan Stanley Appoints Jeff McMillan as Head of AI Ahead of Stock Market Opening"
TL;DR Summary
The Dow Jones Industrial Average fell on Thursday due to hotter-than-expected inflation data, while Morgan Stanley appointed a head of firm-wide artificial intelligence and SpaceX's Starship rocket completed a successful test flight. Retailers are facing billions in losses due to organized refund fraud, and a report shows that a significant portion of charitable giving comes from ultra-high-net-worth individuals, impacting donation priorities.
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