- August 6, 2024
MIT economist: Markets have overestimated AI-driven productivity gains
The problem with the AI bubble isn’t that it is bursting and bringing the market down—it’s that the hype will likely go on for a
Tim Walz’s record as Minnesota governor showcases a wish list of progressive priorities
In choosing Minnesota Gov. Tim Walz to be her running mate on Tuesday, Democratic nominee Kamala Harris is turning to a Midwestern governor, military veteran
‘The Godmother of AI’ says California’s well-intended AI bill will harm the U.S. ecosystem
Today, AI is more advanced than ever. With great power, though, comes great responsibility. Policymakers, alongside those in civil society and industry, are looking to
Tesla rival Lucid gets another $1.5 billion cash injection from Saudi Arabia to keep going through 2025
Lucid Group Inc. will get a cash infusion of as much as $1.5 billion from an affiliate of Saudi Arabia’s Public Investment Fund as the
It’s not the Fed’s job to make the stock market ‘comfortable’ says Fed president
Analysts holding out for the Fed to rescue the stock market might be waiting in vain, according to a Federal Reserve Bank president who warned
Turkish penpal duo publish one of the nation’s best-selling novels through prison bars
A jailed Kurdish leader and a Turkish writer on the other side of the bars have used their penpal exchanges to write one of Turkey’s
5 U.S. states push Elon Musk to fix Grok
Five secretaries of state are urging Elon Musk to fix an AI chatbot on the social media platform X, saying in a letter sent Monday that it
Meta apologizes for taking down Malaysia PM Anwar’s post on Haniyeh assassination
Malaysian Prime Minister Anwar Ibrahim is one of the most outspoken world leaders over the conflict in Gaza. The Southeast Asian leader has condemned Israel’s
Stock market crash: Dow tumbles 1,000 points
The S&P 500 dropped 3% for its worst day in nearly two years. The Dow Jones Industrial Average reeled by 1,033 points, or 2.6%, while
Stock market turmoil means investor panic—here’s how to keep your head above water
Friday’s jobs report set the weekend off on the wrong foot, and now most of the global markets look like they’re shaking off an epic