Economy - Page 9

Yoshua Bengio, considered one of the “Godfathers of AI,” warns that the threat of job displacement by AI is no longer a distant future but a present reality, with even trade jobs at risk as the technology becomes more sophisticated.

Officials in Maine have suspended state Medicaid payments to a Somali-run charity after more than a million dollars in possible fraud was discovered in several audits of the charity’s services.

Micron, one of the world’s largest memory suppliers, forecasts a prolonged global RAM shortage due to the increasing demand driven by the AI boom. This shortage will impact consumers upgrading their consumers, as well as computer and video game console manufacturers.

The art world is grappling with a new wave of forgeries as fraudsters leverage advanced AI tools to create convincing fake documents, posing a significant challenge to the industry’s long-standing battle against counterfeits and deception.

The Trump administration has proposed garnishing the wages of those in default on their student loans next year.

President Donald Trump’s revamp of the H-1B white-collar outsourcing program has prompted cautious approval from advocates for American professionals and college graduates.

Billionaire tech tycoon Bill Gates has expressed concern about the impact of “misinformation” on future generations, claiming that AI should be used to police ideas he disagrees with online. The creepy Microsoft founder has a long history of taking radical positions on issues including climate alarmism that he’d like to stifle dissent against.

A woman’s frantic attempt to rebook a missed flight turned into a costly crash course in business-impostor scams — now supercharged by AI and slipping through Google’s ad filters. 

President Donald Trump touted 4.2 percent gross domestic product growth for quarter three on Tuesday, significantly outperforming expectations, but said stock markets no longer rise due to good news.

The HHS Office of Inspector General found more than $200 million in Medicaid payments to dead people between 2021 and 2022, adding that the Big Beautiful Bill would likely reduce such payments.

WASHINGTON — The foreign minister of the Democratic Republic of Congo (DRC) told Breitbart News exclusively that her country’s government is “very enthusiastic” about the fact that in their view President Donald Trump “fully deserves” to win the Nobel Peace Prize this coming year.

Cuba’s communist regime, which regularly rants about the purported U.S. “embargo” hurting its economy, has purchased over $8 billion worth of agricultural and food products from the U.S. since 2001, the Madrid-based outlet Diario de Cuba reported on Monday.

Google and Apple have cautioned their H-1B visa workers against traveling outside the United States, citing substantial delays in visa processing that could last up to a year.

Pressure from British farmers has forced the left-wing Labour Party government of Prime Minister Sir Keir Starmer to roll back some of its inheritance tax raid on farmers.

A major U.S.–South Korea trade deal is unraveling amid an escalating crackdown by South Korean President Lee Jae-myung and lawmakers against American-founded technology company Coupang, prompting alarm inside the Trump administration and on Capitol Hill over the future of bilateral trade.

Tony Bruno, the CEO of United Launch Alliance, has suddenly stepped down from his position after more than a decade at the helm of the company. The company is the primary competitor to Elon Musk’s SpaceX for launching government payloads into space.

Amazon’s security team has uncovered and prevented more than 1,800 attempts by North Koreans to gain employment at the company under false pretenses since April 2024.

Economic growth in the U.S. accelerated far more than expected this summer.

A growing number of Tesla owners are purchasing escape tools due to fears of being trapped inside their cars as a result of malfunctioning doors. Elon Musk’s EV giant is facing a  growing number of lawsuits and investigations over reports that its electronic door handles become inoperable in emergencies and in the event of battery failure.

On Monday’s broadcast of the Fox Business Network’s “Fox Business in Depth: The Path to Prosperity,” Fox Business host Dagen McDowell stated that the White House and Congress “need to stop giving handouts” and “the welfare for farmers” and “$1,000

Mass migration is threatening the foundations of American and European societies, Vice President JD Vance told a UK-based media outlet.

President Donald Trump enjoys a 50 percent approval rating, with a net approval rating of plus 9 points, according to the latest polling from InsiderAdvantage.

Financial experts argue that gold and silver are once again obtaining their “monetary value” due to the outsized fiscal deficits around the world.

The Department of Justice is closing a Democrat-created bureaucratic loophole that has allowed legal and illegal migrants to get welfare since 1997, despite a 1996 law limiting aid to citizens.

The Delaware Supreme Court has ruled that Elon Musk’s 2018 Tesla CEO pay package, worth approximately $56 billion, must be restored, overturning a lower court’s decision to cancel the compensation plan.

A SpaceX rocket explosion in January put three commercial flights carrying 450 people at risk, according to newly revealed FAA records. The records also indicate Elon Musk’s company failed to alert the FAA about the explosion, with air traffic controllers learning of the incident when they spotted debris on their radars.

Publishing giant HarperCollins has unveiled the official cover for “Code Red: The Left, the Right, China, and the Race to Control AI,” a forthcoming book on AI politics that #1 New York Times bestselling author Peter Schweizer hails as “urgent, elegant, and one of the most important books in years.”

A fundraiser for created for a Target employee who was harassed by a crazed leftist for wearing a shirt in support of Turning Point USA founder and free speech martyr Charlie Kirk has surpassed $260,000.

A recent Fox News poll reveals that about two-thirds of American voters and parents back the idea of banning teenagers under the age of 16 from social media and removing cellphones from K-12 classrooms.

Video game hardware sales in the United States experienced a significant decline in November, reaching the lowest point for the month since 2005. Apparently, Sony’s PlayStation, Microsoft’s Xbox, and Nintendo’s Switch are not on Santa’s list this year.

Senator Tim Scott is warning of the dangers to customers the Netflix acquisition of Warner Bros. Discovery poses.

On Friday’s broadcast of “Bloomberg Surveillance,” U.S. Trade Representative Ambassador Jamieson Greer stated that there isn’t a specific direction to ensure tariffs going forward don’t impact affordability and “Whenever we’re imposing tariffs or doing deals, the purpose of the trade program

President Donald Trump trashed Obamacare as a means to make insurance companies rich during his remarks in Rocky Mount, North Carolina, on Friday night.

The Chinese Commerce Ministry announced on Friday it has filed a case with the World Trade Organization (WTO) against certain Indian tariffs and subsidies, saying they give Indian domestic industries an “unfair competitive advantage” and “harm Chinese interests.”