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Wall Street Analysts Could Be Replaced by AI! Who are Affected?

Wall Street Records Historic Highs for Stock Market as US Inflation Rate Drops to 3.4%

Wall Street hits record highs as US inflation slows to 3.4%, sparking optimism among investors, although concerns linger about potential consumer spending gaps amid weaker-than-expected retail sales growth.


Joe Biden Makes False Inflation Claim Again, Renewing Criticisms—Here's The Truth

US President Joe Biden makes a false inflation claim again. His remarks drew attention and received criticism on social media.

Average Gas Price Hits $3.61 per Gallon and Will Keep Rising Despite Inflation Ease

Gasoline prices surged in April, driving up consumer prices, while overall inflation eased; the national average for gas stood at $3.61 per gallon on Wednesday, down $0.02 from the previous month but up by over $0.40 since the start of the year.

Meta Takes Down Workplace App for Businesses to Focus on AI and Metaverse

Meta has decided to shut down its Workplace app to focus on AI and metaverse technologies. This move aligns with CEO Mark Zuckerberg's push for long-term investor patience amidst stock declines triggered by increased AI investment and slower sales growth.


Latest News

Crypto Heists: North Korea Launders $147 Million in Stolen Cryptocurrency in March
North Korea laundered $147.5 million in stolen crypto in March, according to the UN. North Korea reportedly laundered $147. 5 million via the virtual currency platform Tornado Cash in March after allegedly stealing it from a cryptocurrency exchange in 2023.
US Sanctions Russian Businessman, 3 Companies Involved in Scheme to Evade Sanctions Tied to Russia's Metals Tycoon
The US has imposed sanctions against a Russian businessman, and three companies based in Russia allegedly used in a scheme to evade US sanctions connected to Russian tycoon Oleg Deripaska.
Samsung Plans to Limit Launch of Galaxy Z Fold 6 to Single Model
Samsung is rumored to limit its offering for its Galaxy Z Fold 6 for the summer version of Galaxy Unpacked this year.
Walmart’s Dominance in US Retail Industry at Odds Following Workers’ Layoffs, Relocations
Walmart's position as America's top retailer is in jeopardy following the announcement of significant layoffs and the mandate for remote employees to return to the office, signaling potential internal struggles and increased competition.
Biden Administration Formally Greenlights $1 Billion Weapons Sale to Israel
The Biden administration has informed key lawmakers of its intention to provide Israel with over $1 billion in extra arms and ammunition.
Donald Trump's Boeing 757 Hits Another Corporate Jet After Landing at Florida Airport
Former President Donald Trump's Boeing 757 plane reportedly hit a parked corporate jet at West Palm Beach International Airport in Florida.
OpenAI Co-Founder Ilya Sutskever Quits Startup Months After Kicking Sam Altman Out in Board Coup
In an X post, former OpenAI chief scientist Ilya Sutskever left the company to pursue a ‘personally meaningful’ project.
Donald Trump's Truth Social Site Traffic Increases 55%, Stock Skyrockets at 138%
Financial markets have focused on Trump Media & Technology Group, the parent company of Truth Social, and its spectacular stock rise, reflecting investor mood and political dynamics.
Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase
New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.
An Ohio bar has stirred outrage after prohibiting persons under 30 on weekends following a brawl in the establishment.