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European AI Act moves forward in EU Parliament

Lawmakers in Europe moved closer to passing new artificial intelligence rules on Thursday. The AI Act, first proposed in 2021, could have final approval by late 2023 or early next year.

Nearly half of Americans cash out 401(k)s when changing jobs

Almost half of Americans have withdrawn funds from their 401(k) plans after leaving jobs, with some completely draining their balances. But doing so before reaching retirement age can trigger taxes and penalties. Here’s what you need to know.