AI is breaking entry-level jobs that Gen Z workers need to launch careers

As millions of students prepare to graduate this spring, their chances of landing that crucial first job—the one that kickstarts a career—appear increasingly uncertain. Beyond a cooling economy burdened by tariff-related uncertainty, the rise of artificial intelligence is now threatening the entry-level roles that have long

Trump and China's Xi held a phone call

resident Donald Trump said Thursday that he came away encouraged after a long-anticipated, 90-minute phone call with Chinese President Xi Jinping, expressing optimism that the ongoing trade dispute between the two countries could be resolved soon. Describing the conversation as “very good,” Trump wrote on Truth Social that

AI can now handle up to 95% of drafting an IPO prospectus, Goldman Sachs, GS, CEO has said

Goldman Sachs CEO David Solomon said that artificial intelligence is transforming how investment banks handle routine tasks—especially document drafting. Speaking at the Cisco AI Summit in Palo Alto on Wednesday, Solomon explained that what used to take weeks of work by a team of bankers—writing up regulatory filings

Elon: Without me, Trump would have lost the election

U.S. President Donald Trump said Thursday he was “very surprised” and “disappointed” by Elon Musk’s sharp criticism of his flagship budget legislation, marking the most direct clash yet between the former allies. “Elon and I had a great relationship. I don’t know if we will anymore,” Trump

Elon Musk has asked: Is it time to create a new political party in America that actually represents the 80% in the middle

Elon Musk has raised the idea of forming a new political party in the U.S. as his public spat with President Donald Trump intensifies. On Thursday, the Tesla CEO and former Trump supporter posted a poll asking, “Is it time to create a new political party in America that

Donald Trump said he asked Elon Musk to leave and that Elon Musk "just went CRAZY"

President Trump on Thursday suggested cutting off government contracts with Elon Musk’s companies, as their once-warm relationship continues to unravel in a very public fashion. In a post on Truth Social, Trump said Musk had been “wearing thin” and claimed he asked the tech billionaire to exit his

Donald Trump has said: "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts

President Trump on Thursday suggested cutting off government contracts with Elon Musk’s companies, as their once-warm relationship continues to unravel in a very public fashion. In a post on Truth Social, Trump said Musk had been “wearing thin” and claimed he asked the tech billionaire to exit his

Elon Musk says Trump is ‘in the Epstein files’ which is why they haven’t been made public in newest slam

On June 5, 2025, Elon Musk escalated his public feud with President Donald Trump by alleging that Trump is named in the unreleased Jeffrey Epstein files. Musk made this claim on his social media platform X, suggesting that the inclusion of Trump's name is the reason these documents

Elon Musk has endorsed a hypothetical constitutional amendment that would make members of Congress ineligible for re-election if the federal deficit exceeds 3% of GDP

ongressional budget analysts say President Trump’s tariffs could generate trillions in federal revenue over the next decade—more than enough to offset the additional deficit expected from a sweeping budget bill passed by the House last month. During a visit to a U.S. Steel plant in West Mifflin,

CBO says if Trump tariffs remain in effect for 10 years they would reduce deficits by $2.8 trillion even accounting for economic effects

Congressional budget analysts say President Trump’s tariffs could generate trillions in federal revenue over the next decade—more than enough to offset the additional deficit expected from a sweeping budget bill passed by the House last month. During a visit to a U.S. Steel plant in West Mifflin,

Amazon, AMZN, to invest $10 billion in North Carolina to expand cloud, AI infrastructure

Amazon (NASDAQ:AMZN) has announced a $10 billion investment to expand its AWS data center operations in North Carolina, highlighting the tech giant’s deepening focus on artificial intelligence infrastructure. The major expansion project will bring approximately 500 high-skilled supply-chain jobs to Richmond County, located between Charlotte and

Trump: Powell must lower interest rates

U.S. President Donald Trump on Wednesday renewed his public pressure on Federal Reserve Chair Jerome Powell to lower interest rates, citing a disappointing May jobs report from payroll processor ADP. “ADP number out. ‘Too Late’ Powell must now lower the rate. He is unbelievable. Europe has lowered nine times,

Summer rentals in the Hamptons are down 30% from the same period in previous years

Hamptons rentals have dropped 30% compared to the same period in prior years, according to Judi Desiderio of William Raveis Real Estate. Brokers dealing in the ultra-luxury segment report even steeper declines—some say their rental activity is down by 50% to 75%. “People are holding on to their

Social Security recipients do not need to worry about their benefits being garnished due to their defaulted student loans, at least for now, the Trump admin has said

Last month, the federal government resumed collections on defaulted student loans, affecting millions of borrowers. Among them, an estimated 452,000 people aged 62 and older had loans in default, according to a January report from the Consumer Financial Protection Bureau (CFPB). However, the Department of Education has not resumed

6 out of 10 Gen Z and millennials use takeout or drive-thru at least once weekly

Nearly 75% of all restaurant traffic now occurs off-premises — meaning that almost three out of every four restaurant orders are for takeout, delivery, or drive-thru. According to the National Restaurant Association’s 2025 Off-Premises Restaurant Trends report, off-premises dining has shifted from a growing convenience to

A 40% decline in the U.S. Dollar would wipe out the U.S. Trade Deficit says Deutsche Bank

Deutsche Bank’s Peter Hooper argues that reversing the dollar’s 40% inflation-adjusted rise since 2010 could potentially eliminate the U.S. trade deficit — a persistent challenge for the economy. So far in 2025, the dollar has declined by 8.3%, driven largely by investor concerns over the Trump

"Desperation is setting in for condo owners in Florida," per WSJ

Across Florida, condo prices have declined between 1% and 6% year-over-year each month since July 2024, with a 3% drop recorded in February alone, according to Florida Realtors. Older buildings have been hit hardest. Properties over 30 years old have lost 22% of their value over the past

Elon Musk says to "KILL the BILL"

Elon Musk is mounting a fierce campaign against President Donald Trump’s sweeping tax and policy bill, urging his more than 220 million followers on social media to pressure lawmakers and “KILL the BILL.” Musk, who officially stepped down from his role in the Trump administration on May 30, has

Elon Musk has said: In November next year, we fire all politicians who betrayed the American people

Elon Musk has sharply criticized President Donald Trump’s flagship tax and spending legislation, calling it a “disgusting abomination.” The bill—passed by the House of Representatives in May—features multi-trillion-dollar tax breaks, expanded defense spending, and provisions to raise the federal borrowing limit. “Shame on those who

President Trump's Truth Social, DJT, files for Bitcoin ETF

NYSE Arca on Tuesday submitted a Form 19b-4 filing to the U.S. Securities and Exchange Commission (SEC), seeking regulatory approval to list the Truth Social Bitcoin ETF. Spot bitcoin ETFs have surged in popularity since their debut in January 2024, attracting billions in investor inflows as market participants

Trump's "Big Beautiful Bill" bans all 50 states from regulating AI for 10 years, centralizes control at the federal level, and integrates AI systems into key federal agencies

his summer, the U.S. Senate will deliberate and vote on a sweeping tax and spending proposal that the Trump administration has dubbed One Big Beautiful Bill. A key provision in the legislation is a 10-year moratorium on state or local AI laws. If enacted, the measure could upend

Quantum computing could break bitcoin-like encryption far easier than intially thought, Google, GOOGL, researcher says

A new research paper by Google Quantum AI scientist Craig Gidney suggests that cracking widely used RSA encryption may require 20 times fewer quantum resources than previously thought. Although the study does not specifically mention bitcoin (BTC) or other cryptocurrencies, it targets encryption techniques that underpin the security of crypto

Sam Altman has said AI would replace 95% of ad agency wor

Meta, the parent company of Facebook and Instagram, plans to enable advertisers to fully create and target campaigns using artificial intelligence tools by the end of next year—a move that has sent shock waves through the traditional marketing industry. Mark Zuckerberg’s Meta, which also owns WhatsApp, is aiming

Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets

President Donald Trump is preparing to unveil a branded cryptocurrency wallet and trading app, aiming to make digital asset investing more accessible—and distinctly Trump-themed—for his broad base of supporters. The initiative is designed to promote both the trading of major cryptocurrencies and the purchase of Trump’s

Microsoft, MSFT, has cut hundreds more jobs just weeks after its largest layoff in years

Microsoft (MSFT) has laid off several hundred employees just weeks after carrying out its largest round of job cuts in years, as the tech giant looks to cut costs while maintaining significant investments in artificial intelligence. According to a Bloomberg report, more than 300 employees were notified on Monday that