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News
A former Google DeepMind safety researcher explains the frightening difference between AI and other threats like nuclear war and asteroids
1+ day, 10+ hour ago (803+ words) Climate change can't anticipate our next move. An asteroid can't dodge us. And while humans can be adversaries in a nuclear war, the fallout that follows isn't trying to outsmart anyone. For Business Insider's video series "AI Architects," Ramana Kumar…...
Uber's CEO says you could see lower ride prices as a result of its layoffs
2+ day, 6+ hour ago (199+ words) Lower ride prices could be coming to Uber after the company's recent layoffs. CEO Dara Khosrowshahi pointed to lower prices as one way that Uber plans to use the money it's saving from laying off 10% of its corporate workforce, or…...
America's supply of homes for sale is at a 10-year high. Buyers aren't biting.
2+ day, 9+ hour ago (361+ words) Homes for sale are piling up across America. The US housing market recorded its largest supply glut in a decade in August, a sign that prospective homebuyers are struggling to break into the market as the fight against higher mortgage…...
At 18, I ran home yelling, 'We're rich!' My dad quickly proved me wrong.
2+ day, 7+ hour ago (723+ words) This as-told-to essay is based on a conversation with Charles Bonfiglio, CEO of Tint World. It has been edited for length and clarity. I was only 18 when I walked into the family home in Brooklyn and told my mom, dad…...
President Trump called the affordability crisis fake. His White House is working to fix it.
2+ day, 7+ hour ago (19+ words) Donald Trump dismissed affordability crisis as "fake," contradicting White House messaging as midterms approach, highlighting economic tensions....
Free money and lower rates: Trump's latest ideas are a recipe for more inflation
2+ day, 8+ hour ago (548+ words) Oil prices are surging, markets are anxious about inflation, and borrowing costs for Americans are climbing. None of that has stopped Donald Trump from floating ideas in the last week that would likely exacerbate rising consumer prices: free money and…...
An AI stock market crash would spark a US recession and hammer the world economy, Fitch warns
2+ day, 12+ hour ago (393+ words) The bursting of the AI bubble would open Pandora's box for the US and world economy, one of America's top credit-rating agencies is warning. "A severe AI-related equity price shock — that could possibly result from a major re-evaluation of the…...
Goldman Sachs says Treasury buybacks won't be enough to tame bond yields
2+ day, 22+ hour ago (369+ words) The Treasury's plan to buy back more long-dated government bonds has done little to calm the bond market. Treasury yields remained elevated after Treasury Secretary Scott Bessent said the department would repurchase up to $6 billion of 10- to 20-year debt, despite…...
College-educated Americans and middle-income earners are increasingly leaning into the side hustle
3+ day, 8+ hour ago (215+ words) America's middle class is always hustling — and now, they're side hustling. The share of Americans with more than one job has been steadily rising for the last several years, and is still hovering at elevated levels. But the population holding…...
Buyback backfire: Bond yields are surging despite the Treasury's $6 billion plan to lower them
3+ day, 10+ hour ago (441+ words) Bond yields aren't playing ball with the Treasury's announcement that it will triple the size of its buybacks of long-dated US government debt. Treasury Secretary Scott Bessent said Wednesday morning that the department will buy $6 billion of 10- and 20-year bonds…...