A key inflation indicator, the core personal consumption expenditures, came in at 3.4%. Although this was the fastest increase since 1992, it came in largely as expected. Stocks continued their thunderous rally this week, officially forgetting about last week's Fed-induced downturn. Optimism was further bolstered by a bipartisan agreement on an infrastructure deal and banks passing the Fed's stress test in flying colors after yesterday's market close. The Dow Jones rose 160 points or 0.5%, the S&P 500 climbed 0.2% to hit another all-time high, and the Nasdaq gained 0.2%.

Machine learning (ML) is hailed as one of the most impactful technologies in the AI spectrum. Comprising algorithms, ML applications are capable of enabling devices to learn, improve and make decisions automatically, without any explicit programming or human involvement. The application of ML has grown rapidly over the past years, bringing out the power of data in a whole new way. Devices operating on voice commands, recommendations from online search engines, real-time advertisements on web pages, image recognition and cyber fraud detection are some of the most common instances of ML. The technology has proven itself to be ground-breaking for the transportation industry by making self-driving cars a reality.

Machine learning (ML) is hailed as one of the most impactful technologies in the AI spectrum. Comprising algorithms, ML applications are capable of enabling devices to learn, improve and make decisions automatically, without any explicit programming or human involvement. The application of ML has grown rapidly over the past years, bringing out the power of data in a whole new way. Devices operating on voice commands, recommendations from online search engines, real-time advertisements on web pages, image recognition and cyber fraud detection are some of the most common instances of ML. The technology has proven itself to be ground-breaking for the transportation industry by making self-driving cars a reality.