Posts with tag: education
Trump confronts banks over claims they're 'de-banking' conservatives amid GOP takeover of Washington. Bank of America and JPMorgan deny allegations.
Published on: January 24, 2025, 12:03 AM UTC
President Trump reversed a Biden administration executive order to lower drug prices, including a plan to provide generic drugs for $2 to Medicare patients.
Published on: January 23, 2025, 11:04 PM UTC
US stocks closed higher on Thursday, with the S&P 500 closing at a fresh record as investors digested remarks from President Donald Trump at the World Economic Forum in Davos. The S&P 500 gained 0.53%, the Dow Jones Industrial Average rose 0.92%, and the Nasdaq Composite finished 0.22% higher. Trump said he will "demand that interest rates drop immediately" and that he will ask OPEC to bring down the price of oil.
Published on: January 23, 2025, 10:02 PM UTC
CNN is laying off 6% of its workforce as part of a broader plan to invest $70 million in its digital operations and pivot to a digital-first strategy.
Published on: January 23, 2025, 08:03 PM UTC
Dr. Doom warns of potential job loss and inflation as humanoid robots and tariffs loom large at the World Economic Forum in Davos.
Published on: January 23, 2025, 06:03 PM UTC
At the World Economic Forum, leaders debate the control and impact of artificial intelligence (AI) on business and society. While some believe AI is not yet out of control, others argue it requires regulation or guardrails. The tech industry is particularly concerned about the potential risks of AI in areas such as social media. The World Economic Forum predicts that by 2030, AI will transform 86% of businesses, leading to the creation of new jobs but also the loss of existing ones.
Published on: January 23, 2025, 06:03 PM UTC
Indian software services company Mphasis posts a profit surge in third-quarter earnings, supported by strong performance in its banking segment and technology, media, and telecom sectors.
Published on: January 23, 2025, 04:04 PM UTC
Big Tech's earnings season kicks off next week with AAPL, META, and MSFT reporting. Expect updates on AI revenue and spending, the impact of the Trump administration, and the fate of TikTok.
Published on: January 23, 2025, 04:01 PM UTC
Cass Information Systems reports Q4 profit of $4.6 million, or 33 cents per share, on revenue of $50.4 million.
Published on: January 23, 2025, 02:07 PM UTC
Independent Bank Corp. reports Q4 net income of $18.5 million, exceeding Wall Street expectations with earnings of 87 cents per share on revenue of $86.1 million.
Published on: January 23, 2025, 02:07 PM UTC