Tag: technology

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CNN Lays Off 200, Invests $70 Million in Digital Transformation

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.

Trump Threatens to 'Demand' Lower Interest Rates, Setting Up Clash With Fed

Trump demands lower interest rates, hints at clash with Fed Chair Powell

Trump Scraps Biden's $2 Generic Drug List

President Trump rolled back a Biden administration executive order aimed at lowering prescription drug prices, including an initiative to make more generic drugs available to Medicare patients for just $2 a prescription.

Trump asks OPEC to lower oil prices, citing benefits for Ukraine war and US economy

Former US President Donald Trump urges Saudi Arabia and OPEC nations to increase oil production to reduce costs, alleviate pressure on Russia, and aid in ending the Ukraine war.

US: Trump Says Companies Must Make Products in US to Avoid Tariffs

President Trump told the World Economic Forum that companies should manufacture their goods in the United States to avoid tariffs.

Dr. Doom Warns of Terrifying Humanoid Robot Revolution and Tariff Turmoil

Dr. Doom warns of mass job loss to humanoid robots and tariffs' impact on the US economy.

U.S. Stock Market News: Markets Move Mixed as Investors Await Trump's Davos Speech

US stocks mixed on Thursday as investors await Trump's Davos speech, S&P 500 near record high

Trump Demands Lower Interest Rates, Hints at Clash with Fed

Trump demands lower interest rates, hinting at a clash with the Federal Reserve. He says rates should align with US monetary policy and has criticized Fed Chair Jerome Powell in the past.

US Stocks Mixed, Trump Speech Awaited at Davos

US stocks close mixed Thursday with S&P 500 near record high as investors await President Trump's speech at the World Economic Forum in Davos

AI's Rise: Out of Control or Ready for Regulation?

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.