Tag: United States
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‘AI is now the leading reason companies give for cutting jobs,’ says new report—what that means for workers
Many companies are “changing how they are allocating resources” in response to AI, according to Glassdoor chief economist Daniel Zhao.
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Trump ‘still disappointed’ with NATO over Iran, warns US Ambassador
US Ambassador to the EU Andrew Pudzer says NATO allies made a ‘big mistake’ not assisting the US in the war in Iran. In an interview with Euronews, he said Europeans had an obligation to help, given America’s history of defending the European continent. #12MinutesWith
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Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
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Why is clothing giant Patagonia suing famous drag queen Pattie Gonia?
American clothing company Patagonia has filed a trademark infringement lawsuit against drag queen and environmental activist Pattie Gonia, prompting a public dispute over branding, activism, and intellectual property rights.
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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No tech, no problem. Dow makes record and traders think these stocks can lead now
Traders bought about 5,300 calls in the State Street Health Care Select Sector SPDR ETF (XLV) on Thursday, compared to just over 1,000 puts, according to data from ThinkOrSwim.
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India’s economy expands at 7.8% over January to March — faster than expected
The world’s fastest growing major economy, India, has been facing major headwinds due to the conflict in Middle East that began end of February.
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US nuclear start-up marks mini-reactor breakthrough
NEW YORK: A nuclear start-up working on mini-reactors for the United States military has announced a crucial first step in producing a model that could be deployed at bases and other strategic sites within a few years.Antares said on Thursday (Jun 4) that it had achieved initial criticality for its Mark-0 pro
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US Senate approves US$70 billion for Trump immigration crackdown
WASHINGTON: The US Senate on Friday (Jun 5) approved US$70 billion in funding for Donald Trump’s hardline immigration crackdown, but only after a long day of votes on multiple amendments that highlighted Republican infighting over some of the president’s other contentious policy proposals.The Bill would fund
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