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Global Regulators Move to Police AI in Banking: “Black Box Algorithms” Face Crackdown
Global financial watchdogs including the FSB and BIS are launching an international framework to monitor how banks and hedge funds use artificial int…
3 months ago
Corporate Profits Stall — But America’s AI Spending Hits Record Highs
U.S. companies are seeing profit growth slow sharply this quarter, yet AI investments are skyrocketing as firms from Microsoft to Walmart double down…
3 months ago
Ferrari Just Unveiled Its First Electric Supercar — And It Still Growls Like a V12
Ferrari has revealed its first-ever all-electric vehicle, built entirely in a new $200 million “E-Building” in Maranello. The EV promises over 1,000 …
3 months ago
AI Replaces Entry-Level Workers: The Job Market Shock No One Saw Coming
As companies turn to AI tools like ChatGPT and Claude to handle entry-level tasks, young professionals are facing shrinking opportunities in traditio…
3 months ago
Oxford Economics Warns: Tech Spending Collapse Could Trigger U.S. Recession
Oxford Economics reports a sharp decline in U.S. tech investment, signaling rising recession risks as companies slash spending on hardware, cloud, an…
3 months ago
AI Stock Mania: Market Rally Stalls as Wall Street Warns of a Looming Tech Bubble
After months of record-breaking gains fueled by artificial intelligence hype, major indexes are finally cooling as analysts from Morgan Stanley and B…
3 months ago
U.S. Government Shutdown Throws Air Travel Into Chaos
As Congress fails to reach a funding deal, the FAA and TSA are operating without pay, leading to mass flight delays, cancellations, and frustrated tr…
3 months ago
FCC Moves to Ban Chinese Telecom Gear: Massive Crackdown on Huawei and ZTE Ahead!
The FCC is set to vote on new rules that would tighten restrictions on Chinese telecom equipment, closing loopholes and blocking companies from using…
3 months ago
U.S. Launches Massive Probe Into 2.9 Million Teslas Over “Law-Breaking” Self-Driving Software
Federal regulators have opened an investigation into nearly 2.9 million Tesla vehicles to determine if the company’s Full Self-Driving system violate…
3 months ago
U.S. Quietly Approves Nvidia AI Chip Sales to UAE Amid China Tech Tensions
The U.S. government has granted Nvidia limited export licenses to sell AI chips to the United Arab Emirates, allowing closely monitored sales under s…
3 months ago