Data science and machine learning have allowed analysts to process data at more efficient rates. Due to the abundance of tools at disposal currently, the process has become much straightforward. Data science has contributed to many other fields, including economics. More particularly, it has enhanced how analysts use econometrics to …

Last month, institutionalinvestor.com reported that AI-powered hedge funds outperformed their peers, Hedge funds with artificial intelligence capabilities showed a huge competitive edge over investors that didn’t use AI, new research indicates. AI-led hedge funds produced cumulative returns of 34 percent in the three years through May, a report Tuesday from …