Business

Flexport, BlackRock Join to Offer $250 Million in Supply Chain Financing – The Wall Street Journal

Flexport, BlackRock Join to Offer $250 Million in Supply Chain Financing  The Wall Street Journal Flexport Partners with BlackRock to Provide $250 Million in Inventory Financing for Customers  Business Wire BlackRock, Flexport Team Up on $250 Million in Trade Financing  Bloomberg.com Flexport, BlackRock Team Up on $250M in Logistics Financing  Transport Topics BlackRock partners with Flexport to provide up to $250M of supply chain …

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S&P 500 hits record high as investors await Nvidia results – Reuters

S&P 500 hits record high as investors await Nvidia results  Reuters All eyes on Nvidia’s quarterly earnings report heading into the market close  CNBC Stock market today: Dow, S&P 500, Nasdaq rise in countdown to Nvidia earnings report  Yahoo Finance Live: Analysis of Nvidia’s Second-Quarter Earnings  Bloomberg.com Chip giant Nvidia to report earnings as some warn of AI ‘bubble’  ABC News Source link

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AI is already cutting jobs — but only one age group is paying the price, Stanford study finds – San Francisco Chronicle

AI is already cutting jobs — but only one age group is paying the price, Stanford study finds  San Francisco Chronicle First-of-its-kind Stanford study says AI is starting to have a ‘significant and disproportionate impact’ on entry-level workers in the U.S.  yahoo.com The US really is unlike other rich countries when it comes to job insecurity – and AI could make it …

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Meet the lawyer challenging Trump’s Fed firing — and defending other targets of Trump’s retribution – Politico

Meet the lawyer challenging Trump’s Fed firing — and defending other targets of Trump’s retribution  Politico How an obscure housing director launched Trump’s firing of Fed governor Lisa Cook  CNN Trump White House pressures Fed Governor Lisa Cook to go on leave as lawsuit looms  CNBC Get Ready for the End of Fed Independence  The Wall Street Journal Yellen blasts Powell’s ‘unlawful’ firing of …

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China seeks to triple output of AI chips in race with the US

China’s chipmakers are seeking to triple the country’s total output of artificial intelligence processors next year, as Beijing races the US to develop the most advanced AI. One fabrication plant dedicated to producing Huawei’s AI processors is scheduled to start production as soon as the end of this year, while two more are due to launch next year, said two …

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FDA approves updated COVID-19 shots but with some limits

FDA approves updated COVID-19 shots but with some limits

WASHINGTON (AP) — U.S. regulators approved updated COVID-19 shots Wednesday but limited their use for many Americans — and removed one of the two vaccines available for young children. The new shots from Pfizer, Moderna and Novavax are approved for all seniors. But the Food and Drug Administration narrowed their use for younger adults and children to those with at …

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AI Is Crushing the Early Career Job Market, Stanford Study Finds

AI Is Crushing the Early Career Job Market, Stanford Study Finds

If you suspected that AI is taking jobs away from young workers, there is now data to back this up. Three economists at Stanford University’s Digital Economy Lab —professor Erik Brynjolfsson, research scientist Ruyu Chen, and postdoctoral fellow Bharat Chandar— published a paper on Tuesday that found early-career workers aged 22 to 25 in the most AI-exposed jobs “have experienced …

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OpenAI will add parental controls for ChatGPT following teen’s death

OpenAI will add parental controls for ChatGPT following teen’s death

After a 16-year-old took his own life following months of confiding in ChatGPT, OpenAI will be introducing parental controls and is considering additional safeguards, the company said in a Tuesday blog post. OpenAI said it’s exploring features like setting an emergency contact who can be reached with “one-click messages or calls” within ChatGPT, as well as an opt-in feature allowing …

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