Argentina and Spain are riding high after dominant World Cup performances, inching them closer to the tournament’s knockout stage. But prediction market firms like Kalshi and Polymarket are celebrating in equal measure. Just 11 days into the tournament, and with…
Among Americans’ many concerns about data centers—from the constant humming sound to high electricity prices—heavy water consumption stands out. Residents of towns with data centers have reported contaminated water, low water pressure, and unauthorized siphoning, putting one of life’s essentials…
Managers and employees alike have gotten the message: AI is part of their job and it’s time to embrace it. That’s the good news. The bad news is that, even as AI adoption is supposed to create efficiency, it can…
China on Monday announced sanctions on 10 American military-related companies in response to a recent U.S. move that bars some leading Chinese tech companies from defense contracts. The Commerce Ministry said that Chinese companies would be blocked from exporting “dual-use” items to…
The Federal Reserve has tolerated inflation above its 2% target for five years as it navigated a series of shocks, but analysts at Bank of America said that patience is coming to an end. In a note on Monday, BofA…
Young Americans were told that good grades would unlock a six-figure salary, starter apartment, and independence from their parents. But now, entry-level professionals are clinging to their childhood bedrooms and pillaging their family fridges as more are extending their stay…
When it comes to AI, much has been made of its democratizing potential. Many proponents believe that access to affordable models will act as a leveler, allowing smaller enterprises to innovate, test, and gain insights in ways previously that were previously…
Former U.S. Federal Reserve Chair Alan Greenspan died Monday from complications of Parkinson’s Disease, said his wife of 29 years, NBC News correspondent Andrea Mitchell. He was 100. “To me he was my husband, who shaped my life from our…
Despite layoffs hitting executive assistants at companies including PwC and McKinsey, the role may not be disappearing. It may be evolving into something more powerful. In the age of AI, the best executive assistants won’t just manage calendars and expenses,…
There’s some debate in the economics world about whether a “wage price spiral” exists in reality, and how much of a danger it poses. And yet the Bank of Korea is so alarmed by the massive bonuses being paid to…