An NBC News analysis found that despite the AI hype, only a few companies are actually using it. The hype surrounding artificial intelligence (AI) is reaching a crescendo among major US companies, with almost half of the S&P 500 firms featuring AI prominently in their earnings calls since May.
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Spotify to Lay Off 17% of Its Workforce — Here’s What CEO Daniel Ek Has to Say
Music streaming giant Spotify has announced a significant workforce reduction, saying it will lay off 17% of its employees.
Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS
Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS).
Uber Shares Jump After the Ride-Hailing Company Picked to Join the S&P 500 Index
Uber shares popped Monday after it was announced that the ride-hailing company has been selected to join the S&P 500 Index.
This Crypto Blockchain Emerges as Preferred Platform by Terrorist Groups Like Hamas and Hezbollah
Tron has reportedly emerged as the preferred platform for crypto transfers supporting groups like Hamas and Hezbollah.
Latest News
Federal Reserve Chairman Jerome Powell has dismissed market speculations for aggressive interest rate cuts ahead.
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
Media stocks experienced a significant uptick on Friday after a report of Apple and Paramount agreeing to provide a bundled package featuring their respective streaming services.
Denmark is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation. Denmark, a nation where cash transactions have become increasingly rare, is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation by May 2025.
Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.
Military spending within the European Union (EU) reached a historic high of €240 billion ($261.8 billion) in 2022, marking a 6% increase from the previous year.
Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.
Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.
JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.
