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How economic data can often be both ‘worse’ and ‘good’
An economic metric can simultaneously be getting worse and be good. It can also be both better and bad. That’s because “worse” and “better” are relative terms, while “good” and “bad” are absolute terms. Think of it like recovering from an illness. You might feel better today than you did yesterday, even though you still […]
Trump Says Board of Peace Members Pledged More Than $5 Billion
Former President Donald Trump announced that the founding member countries of his “Board of Peace” have pledged more than $5 billion toward humanitarian and reconstruction efforts in Gaza. The statement was made on his social media platform. According to the announcement, board members are scheduled to meet in Washington to confirm these financial pledges and […]
OpenClaw Founder Steinberger Joins OpenAI, Open-Source Bot Becomes Foundation
Peter Steinberger, the founder of the popular open-source project OpenClaw, is taking on a new role at OpenAI. The announcement was made by OpenAI’s CEO, who stated that Steinberger will be joining the company to lead the development of next-generation personal agents. As part of this transition, the OpenClaw project itself will be moved into […]
Warner Bros weighs reopening sale talks with Paramount, Bloomberg News reports
Warner Bros Discovery is reportedly weighing the possibility of reopening sale discussions with rival studio Paramount. According to a recent news report, this consideration comes after Paramount submitted an updated and enhanced bid for the company. The board of directors at Warner Bros is now evaluating whether an agreement with Paramount might represent a better […]
Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis
A growing procession of tech industry leaders is warning about a global crisis in the making: a severe shortage of memory chips is beginning to hammer profits, derail corporate plans, and inflate price tags on everything from laptops and smartphones to automobiles and data centers. The situation is expected to worsen significantly in the coming […]
Walmart earnings, spending data, and more AI disruptions: What to watch this week
Last week, the stock market was dominated by concerns over artificial intelligence, with investors worrying about the scale of disruption AI could bring to various sectors. Software, real estate, financial services, and logistics stocks all faced significant selling pressure. The tech-heavy Nasdaq Composite finished the week down 2.1%, while the broader S&P 500 and the […]
The dark side of AI: Wall Street weighs recent stock sell-off over disruption fears
The stock market recently got a stark look at how disruptive investor concerns over artificial intelligence can be. What started as a shake-up in the software sector quickly spread last week, unsettling stocks in wealth management, transportation, and logistics. This raised a critical question: just how deeply will AI transform not only the tech world […]
AI Will Boost Creativity, Cut Down on Work Hours: Hasbro CEO
The chief executive of a major toymaker has shared an optimistic vision for artificial intelligence in the industry, predicting it will act as a significant productivity and creativity booster for employees. He explained that the immediate impact of AI has been a “productivity boom,” with the company projected to save approximately one million people-hours of […]