A recent report by the U.S. Congressional Budget Office predicted significant economic growth in the United States over the next decade, estimating an increase of $7 trillion, driven primarily by population growth due to immigration to the country.
According to the analysis, the continuous…
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FTC to investigate five tech giants for AI use
The FTC, which is the U.S. government agency responsible for protecting competition, decided to investigate five tech giants for their investments and alliances in the field of Artificial Intelligence (AI).
These are Alphabet, Amazon,…
Chief of the US Supreme assured that AI will revolutionize justice
The Chief Justice of the United States, John Roberts, issued a strong opinion on the impact of Artificial Intelligence (AI) on the judicial system, highlighting potential risks such as the invasion of privacy and the dehumanization of the…
Sam Bankman-Fried will not have a second trial
Sam Bankman-Fried, the controversial founder of cryptocurrency exchange platform FTX, will not face a second trial in the United States, prosecutors confirmed last Friday. After being found guilty last month of defrauding FTX users,…
Netflix began testing its video game platform in the US
Netflix announced that selected users in the United States can now test its new video game streaming platform for televisions and PCs with compatible browsers, an option that until now was only available to some testers in the United…
New York announced that there are more than 18,000 jobs for immigrants
In a statement, the governor of New York, Kathy Hochul, reported that more than 18,000 jobs were discovered in various sectors, ranging from technology to agriculture, with the collaboration of nearly 400 employers willing to hire…
The FED forecasts a drop in US wage growth
In a recent report, the US Federal Reserve (FED) projected a slowdown in wage growth for the second half of the year, attributing it to rising labor costs. These costs, in large part, are the result of the Fed's decisions to increase…
Warner Bros lowered its growth forecast
Media empire Warner Bros. Discovery has revised its annual profit projections to a range of $300 million to $500 million, largely due to the impact of strikes by the screenwriters' and actors' unions in the United States. These strikes have…
US jobs increased by 3.8 % in August
The US economy generated 187,000 new non-agricultural jobs during the month of August, a figure higher than the 157,000 new jobs created in July, although the unemployment rate rose three tenths, up to 3.8 %, according to published data.…
Big US banks paid $500 million in conspiracy lawsuit
In a high-impact legal twist, renowned financial institutions Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS have agreed to jointly pay out a colossal sum of approximately $500 million, under a settlement aimed at ending a lawsuit…
US sues SpaceX for alleged discrimination
The United States Department of Justice filed a lawsuit against Space Exploration Technologies Corporation (SpaceX), a company founded and directed by Elon Musk, for discriminating against asylees and refugees in the company's hiring…
Trump turned himself in to US justice in Georgia
The former president of the United States Donald Trump arrived at the Fulton County jail, in the city of Atlanta, where he has turned himself in before the authorities for the case that is investigating him for his alleged involvement in a…