When the April jobs report is released Friday morning, it is expected to show that the US labor market added 67,000 positions. If so, that’s roughly one-third of the 178,000 jobs created in March. While in comparison the April total Read More …
Investors are seeking additional evidence that the substantial investments made by major technology firms in artificial intelligence will yield significant returns. The largest US technology firms are currently engaged in a significant expenditure initiative aimed at gaining a competitive advantage Read More …
Elon Musk utilized part of Monday to share insights on his social media platform X regarding his legal action against OpenAI, its CEO Sam Altman, and president Greg Brockman. In the lawsuit, Musk alleges that the creator of ChatGPT misled Read More …
AI-driven job losses may not only complicate the immediate employment prospects for affected workers but could also result in prolonged “scarring,” characterized by diminished income, postponed homeownership, and a reduced likelihood of marriage, as indicated by a recent research report. Read More …
A sell-off rippled through software, real estate, and trucking stocks this past week as investors expressed concerns that artificial intelligence could disrupt certain industries — and analysts suggest that the turbulent declines may not have reached their conclusion. Software stocks Read More …
President Donald Trump implemented a new 25% tariff on “certain advanced computing chips,” as detailed in a White House fact sheet. This encompasses Nvidia’s H200 chip and AMD’s MI325X. Nonetheless, chips brought in to bolster the US technological supply chain Read More …
Evidence that an economy can prosper despite ongoing military threats from a formidable neighbor and the imposition of extensive global tariffs by US President Donald Trump can be found in Taiwan. The self-ruled democracy has recorded approximately 8% economic growth Read More …