Business
Geoffrey Hinton, one of the most prominent figures in the world of artificial intelligence, is sounding the alarm that machines could soon outthink humans, and he’s advocating for “maternal instincts” to be built into advanced systems to ensure AI cares for and protects people. Hinton believes artificial general intelligence, a…
As New York City Democratic mayoral candidate Zohran Mamdani promotes the idea of city-run grocery stores, one city-owned market in Missouri closed its doors on Tuesday after years of struggling and millions of taxpayer dollars. Local news outlets reported the doors to the Kansas City Sun Fresh market were locked…
After months of investigation and negotiations, Texas Attorney General Ken Paxton announced Wednesday that WK Kellogg Co. “Kellogg’s” will permanently remove toxic dyes from its cereals. In a historic legal agreement, Paxton and Kellogg’s signed an Assurance of Voluntary Compliance (AVC), which certifies that the company commits to removing artificial…
A member of the Federal Reserve panel that makes decisions about monetary policy said that he favors keeping interest rates at their current level to prevent strong levels of economic activity spurring a resurgence of inflation. Federal Reserve Bank of Kansas City President Jeffrey Schmid said that, in his view of…
Treasury Secretary Scott Bessent on Wednesday said that he doesn’t think the Bureau of Labor Statistics (BLS) needs to pause monthly jobs report releases because of instances of large revisions in the data in subsequent reports. Bessent was interviewed on “Bloomberg Surveillance” and he was asked about comments made by Heritage Foundation…
New Jersey residents are facing huge spikes in energy costs this year, and rising outrage is leading to speculation that it could cost the state’s Democratic leaders in upcoming elections. Most New Jersey households were hit with a 17-20% rate hike starting in June, approved by New Jersey’s Board of…
U.S. Treasury Secretary Scott Bessent didn’t shy away from talking about Federal Reserve politics and an ongoing fiscal power shift during a recent interview on FOX Business’ “Kudlow.” “The important thing to remember is, we have two seats. So, there’s the seat for the chair, and then there will be…
Kodak, once a titan in the film era, now risks fading into history as it faces the possibility of shutting down operations for good. The company experienced years of decline after failing to capitalize on the technology that it was credited with inventing, eventually leading the company down a path…
The U.S. Food and Drug Administration (FDA) may not renew the Emergency Use Authorization for the Pfizer-BioNTech COVID-19 vaccine for children under the age of five, the company said. The possible move would pull the only available coronavirus vaccine for young children from the market. “We are currently in discussions with…
A key official in the Trump administration’s economic team is touting the latest inflation data as showing that a tariff-induced rise in consumer prices is yet to materialize and seems unlikely to do so in the months ahead. The Bureau of Labor Statistics on Tuesday released the consumer price index (CPI) data…