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Scott Bessent, nominated for a Treasury position, will present his vision for the U.S. economy during his confirmation hearing. He plans to address the need for securing supply chains, implementing s…
Around 4.2 million Americans plan to retire this year, leading many to assess the best and worst states for retirement. A recent report identifies key factors such as cost of living, healthcare quali…
Los Angeles wildfires project damages of at least $250 billion, marking them among the costliest natural disasters in U.S. history. Since 1980, over 400 weather and climate events have caused damages…
President Biden signed an executive order to enhance energy resources for AI data centers in the U.S. The order instructs federal agencies to expedite the development of AI infrastructure at governme…
Chinese officials consider the sale of TikTok's U.S. operations to Elon Musk to prevent a potential ban. TikTok denies any discussions regarding the sale, labeling these claims as "pure fiction." Rep…
President Joe Biden signed an executive order focused on enhancing the artificial intelligence infrastructure in the United States. The order seeks to develop essential infrastructure for advanced AI…
Job seekers encounter challenges as around 20% of job postings are non-existent opportunities, referred to as ghost jobs. Data from Greenhouse indicates that 18% to 22% of job listings are intended f…
Rental prices in Los Angeles rise sharply due to ongoing fires that have caused mandatory evacuations. At least 24 people died and thousands of structures were destroyed, leaving over 105,000 residen…
Healthcare startups using artificial intelligence are securing substantial investments in 2023. Qventus, a startup based in New York that specializes in healthcare automation software, raised $105 mi…
China announces a new AI export rule that impacts the tech industry significantly. The regulation aims to control the export of AI technologies and products. It requires companies to obtain governmen…
Subscription services experience challenges with cancellation processes, leading to consumer frustration and an increase in chargeback requests. The Federal Trade Commission (FTC) introduced a "click…
Job growth in the U.S. economy is expected to rise as the new year begins. In December, the U.S. added approximately 153,000 jobs, showing recovery after recent disruptions caused by hurricanes and a…
Airbnb and Planet Fitness provide support for individuals impacted by the wildfires in Los Angeles. The Palisades Fire has burned approximately 27 square miles, leading to five fatalities and displac…
U.S. longshoremen reached a tentative six-year contract agreement with the International Longshoremen’s Association and the U.S. Maritime Alliance, preventing a potential strike. The agreement ensure…
AI technology enables users to apply for jobs automatically, leading to increased interview opportunities. A Reddit user created a bot that submitted 1,000 job applications and secured 50 interviews …
JPMorgan plans to require all employees to work in the office five days a week, transitioning from a hybrid model that permitted three days of in-person work. This change will affect over 300,000 emp…
Mark Zuckerberg and Meta face scrutiny over their policies on censorship and hate speech. Recent reports indicate concerns about the platform's handling of content moderation and its impact on user s…
In 2024, U.S. startups secured $209 billion in venture capital, with AI startups receiving $97 billion, marking nearly half of the total funding. This figure exceeded the combined totals for early-st…
U.S. President Joe Biden rejected a bid from Nippon Steel to acquire U.S. Steel, citing national security concerns. This decision escalated trade tensions with Japan. Secretary of State Anthony Blink…
A new housing project will launch in Los Angeles, featuring a Costco store and 800 apartments. The development in Baldwin Hills will include 184 units for low-income families and a mix of affordable …