Business
Amazon revealed Wednesday it will be rolling out an Alexa+ service infused with artificial intelligence (AI). The e-commerce giant unveiled the technology at a highly anticipated event Wednesday, and Amazon described Alexa+ as “much more conversational, smarter, personalized and capable of getting even more things done for customers.” The launch of…
It’s not just eggs getting expensive. Beef prices have also been on the rise, with executives at various companies noting in recent earnings calls that it’s creating significant challenges. In January, prices for beef and veal rose 5.5%, outpacing the entire food-at-home category, which rose 1.9%, according to the Labor…
Balances for 401(k) retirement accounts hit the “second-highest average on record” in the final quarter of 2024, according to new data from Fidelity Investments. The financial services company found in its newly-released fourth-quarter retirement analysis that balances for that type of retirement plan averaged $131,700. That figure marked a jump of…
McDonald’s won’t add a surcharge on eggs at its U.S. restaurants despite a nationwide shortage, a company executive said on Tuesday. “Unlike others making news recently, you definitely WON’T see McDonald’s USA issuing surcharges on eggs, which are 100% cage-free and sourced in the U.S.,” Michael Gonda, McDonald’s chief impact…
Elon Musk’s Department of Government Efficiency (DOGE) is working to cut the federal workforce through layoffs and buyouts, as well as canceling contracts to save money, which has raised the question of whether the cuts could push unemployment higher and create a headwind for the U.S. economy. President Donald Trump’s administration…
BlackRock became the latest firm to remove references to its diversity, equity and inclusion (DEI) strategy in its annual report. The world’s largest asset manager released its annual report on Tuesday and references to DEI policies that appeared in prior editions of BlackRock’s annual reports were absent.BlackRock CEO Larry Fink was…
While record-high egg prices have left Trump officials “scrambling” for a solution to bring down costs, Agriculture Secretary Brooke Rollins floated options to “immediately” reduce money spent on the dietary staple. “We’re looking at importing some eggs in the short term,” she said from the White House lawn on…
Many small companies have started to find new and creative ways to save time and money using artificial intelligence. A survey from 2024 found 69% of small businesses are using AI, up from 56% in 2023, according to Goldman Sachs 10,000 Small Businesses. The Goldman Sachs program helps “small business…
A married couple traveling on a Qatar Airways flight reportedly had to spend several uncomfortable hours near the body of a woman who died during the flight. Traveler Mitchell Ring told “A Current Affair” earlier this week that crew members on the flight placed the deceased woman in a seat within…
Billionaire Elon Musk, who President Donald Trump has tasked with leading the Department of Government Efficiency (DOGE), spoke at the new administration’s first Cabinet meeting on Wednesday and said that DOGE may make some mistakes, but it will work quickly to fix them. “I should say we’ll also make mistakes. We…