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Nobel economist warns AI doomsday job fears could become self-fulfilling prophecy20:45 Robert Shiller, a Nobel laureate in economics, says fears about AI severely impacting the job market are warranted but that they should be tempered. Warriors, AI Cloud provider Iren reach sponsorship deal that reportedly is largest in North American sports16:55 The Golden State Warriors are making history with a reported record-setting jersey sponsorship from IREN worth more than $50 million per year, the largest deal of its kind in North America. Ryanair 'reluctantly' ends mandatory fees for parents to sit with children amid investigation3:15 Ryanair CEO Michael O Leary blasted regulators as the airline ended its $10.70 fee for families to sit together following a CMA investigation. Polestar banned from US market under rule targeting China-linked connected vehicles22:49 Polestar says the Trump administration is forcing it to stop selling EVs in the U.S. starting with the 2027 model year under connected vehicle rules. Dell shareholders approve legal move from Delaware to Texas26.června Michael Dell says Texas is where the company has always belonged as shareholders overwhelmingly approve the reincorporation move from Delaware. Tech CEO predicts AI glasses will turn Americans into 'walking cameras' as next tech era arrives26.června AI smart glasses will see, hear, and read what users do, says Qualcomm CEO Cristiano Amon, as 6G technology reshapes mobile devices and everyday life. Mamdani celebrates rent freeze for stabilized housing as board member quits, blasts vote process26.června New York City Mayor Zohran Mamdani hailed the New York City Rent Guidelines Board s move to freeze the rent on rent stabilized apartments. Apple raises iPad and MacBook prices as memory chip costs surge26.června Apple raised prices on iPad, MacBook Air, MacBook Pro, HomePod, and Apple TV as memory and storage chip costs surge amid AI industry growth. California voters to consider ballot measure to increase taxes on billionaires26.června California voters will decide on a ballot measure imposing a one-time 5% tax on billionaires, despite opposition from Gov. Gavin Newsom. LARRY KUDLOW: The Mamdani-AOC antisemitic tail is now wagging the entire Democratic Party dog25.června The animating fervor that unites this movement is antisemitism, a hatred of Jewish people, and a desire to eliminate the state of Israel Mortgage rates tick slightly higher amid Iran, inflation uncertainty25.června Mortgage rates ticked slightly higher this week, with the 30-year fixed rate rising to 6.49%, according to Freddie Mac s latest weekly survey. Why claiming Social Security early out of fear that the program will run dry is 'bad advice,' Suze Orman says25.června Suze Orman warns against viral advice to claim Social Security at 62, saying it locks retirees into a permanent 30% penalty they cannot undo. JPMorgan names 2 new co-presidents, setting up race to succeed Jamie Dimon25.června Doug Petno and Troy Rohrbaugh are elevated to co-presidents in a succession race to replace JPMorgan CEO Jamie Dimon as Marianne Lake retires. US economy grew at 2.1% in first quarter25.června First-quarter GDP grew at 2.1%, above the expected 1.6%, as equipment investment in AI and computers along with consumer spending led growth. Fed's favored inflation gauge accelerated in May amid energy price shock25.června The Commerce Department PCE inflation report for May showed the Federal Reserve s favored inflation gauge rose higher amid the energy price shock caused by the Iran war. |
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