The U.S. government is currently exploring the implementation of laws to assist society in adapting to the rapid rise of artificial intelligence (AI) technology. Early adopters of AI have already begun to witness significant gains in labor productivity. For instance, Klarna, a popular buy now, pay later financial services provider, anticipates that its AI assistant
When it comes to electric vehicle (EV) adoption, Hawaii has emerged as a surprising leader in the United States. Despite the slower uptake by consumers in other states, Hawaii has seen a significant growth in EV adoption, ranking fifth in overall EV adoption at 11.9% of new retail vehicles sold through February, according to J.D.
The Biden administration recently announced a plan to cancel $7.4 billion in student debt for 277,000 borrowers. This move is part of a larger effort to address the issue of student debt in the United States. President Joe Biden’s administration aims to provide relief to millions of Americans who are burdened by student loans, with
The proposed $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel has faced significant political opposition since it was announced. Despite receiving approval from U.S. Steel shareholders, with over 98% of the votes in favor of the deal, the merger is still not in the clear. President Joe Biden and several U.S. lawmakers have
Beyoncé’s recent release of her “Cowboy Carter” album has had a significant impact on the sales of Western boots, with a surge of over 20% reported in the week following the album’s release. This spike in sales indicates a renewed interest in the country fashion staple, benefiting companies that manufacture these iconic shoes. The album,
A24’s highly anticipated political thriller, “Civil War,” has hit the ground running with an impressive start grossing $2.9M in Thursday previews at 2,931 locations. This sets the movie on track for an opening of over $20M, making it the best ever preview performance for an A24 film. Surpassing the likes of “Hereditary” which grossed $1.3M
The common belief that robots and technology are replacing human jobs is often debunked by top Amazon executive Stefano La Rovere. According to him, rather than taking away jobs, advanced robotics, artificial intelligence, and technologies are actually enhancing the roles of employees. La Rovere emphasizes that new technologies are not only improving efficiency but also
In a stunning turn of events, Shohei Ohtani’s former translator, Ippei Mizuhara, has been accused of embezzling over $16 million from the Los Angeles Dodgers star to cover his hefty gambling debts. The U.S. attorney’s office has filed a criminal complaint against Mizuhara, alleging bank fraud and detailing the elaborate scheme he used to deceive
The U.S. Senate Commerce Committee has announced a hearing next week with members of an expert panel who released a report criticizing Boeing’s safety culture. This comes after a series of safety issues at the planemaker, including a mid-air panel blowout on a new 737 MAX 9. As a result, Boeing has seen a decline
Finance Minister Shunichi Suzuki highlighted the importance of analyzing the factors that are driving recent yen declines in Japan. He emphasized that Tokyo is prepared to respond to any excessive currency swings that may occur. While a weak yen can have some benefits for the economy, such as boosting exports, it can also have drawbacks,