The U.S. government is currently contemplating the implementation of new laws to assist society in adapting to the rise of artificial intelligence. Some early adopters of this technology are already experiencing significant gains in labor productivity. One such example is Klarna, a financial services provider that offers a buy now, pay later option. Klarna estimates
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When it comes to electric vehicle (EV) adoption in the United States, Hawaii is often overlooked as a leader in this transition. Despite its small size and remote location, Hawaii has emerged as a frontrunner in the shift towards all-electric vehicles, with 11.9% of new retail vehicles sold through February being EVs. This places Hawaii
President Joe Biden recently announced plans to alleviate student debt for millions of Americans, a move aimed at garnering support from young voters ahead of the upcoming elections. This decision includes canceling $7.4 billion in student debt for 277,000 borrowers, with further plans to eliminate accrued and capitalized interest for up to 23 million borrowers.
Recently, U.S. Steel shareholders voted in favor of the proposed $14.9 billion acquisition by Japan’s Nippon Steel. However, despite the overwhelming support for the deal, political opposition has been mounting. This opposition is primarily based on national security concerns, with President Joe Biden stating that U.S. Steel should remain under American ownership. The United Steelworkers
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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 by consumer behavior firm Circana. This surge in sales has spelled good news for companies that produce the iconic shoe, as well as other items that align with the
A24’s latest thriller, Civil War, directed by Alex Garland, has hit the ground running with an impressive $2.9M in Thursday previews at 2,931 locations. This marks the best ever preview performance for an A24 movie, surpassing the likes of Hereditary. The film is poised for an opening weekend that could exceed $20M, setting a new
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In a recent interview with CNBC, a top Amazon executive, Stefano La Rovere, emphasized that the belief that robots and other technologies are replacing human jobs is simply a myth. According to La Rovere, advanced robotics, artificial intelligence, and other technological advancements are actually enhancing the roles of employees rather than eliminating them. He mentioned
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The shocking revelation that former translator Ippei Mizuhara allegedly stole more than $16 million from baseball star Shohei Ohtani has sent ripples through the sports world. The U.S. attorney’s office announced the criminal complaint against Mizuhara, accusing him of bank fraud. This revelation not only tarnishes Mizuhara’s reputation but also raises questions about the security