America’s ranks of retirement fund millionaires are surging, with the number of 401(k) accounts managed by Fidelity Investments holding at least $1 million surging to a record 769,000 in the second quarter. The number of 401(k) millionaires jumped 19% between the first and second quarters, lifted by a bullish stock market and by record average…
The FBI is turning to artificial intelligence as a tool to identify threats and fight crime, targeting transnational criminal organizations and drug cartels, Deputy Director Christopher Raia told CBS News on Thursday, three weeks after the bureau released data showing a significant drop in violent crime rates around the country. Raia, a 23-year veteran of…
Layoffs across the U.S. fell last month to their lowest level in four years, new labor data shows, a sign the job market remains resilient even as hiring slows. Employers announced 52,881 job cuts in August, down 38% from the 85,979 layoffs announced during the same month a year ago, according to a report from…
Washington — The federal government will shift into using artificial intelligence in the interview process for some job applicants in the coming days, according to U.S. officials. Not all federal agencies will immediately use AI to interview job seekers, but the technology will be tested on the so-called Tech Force, an initiative started eight months…
Beijing — On the outskirts of the Chinese port city of Ningbo, surrounded by lush green hills topped with giant wind turbines to harness the power of the gales off the East China Sea, is a factory where bosses believe they’re making the cars of the future. It’s where the Geely Auto Group, one of China’s…
The Pentagon will begin requiring male service members ages 30 and older to get screened for testosterone deficiency, the military announced Wednesday, after Defense Secretary Pete Hegseth called for the change over the summer. The Defense Health Agency released a set of clinical guidelines for the tests, which will take place during service members’ regular…
Meta announced privacy updates to its artificial intelligence-powered glasses after reports that users of the device were filming people without their consent. The glasses include an LED light that signals when filming has started. Meta said it recently disabled the glasses’ cameras if the light is physically tampered with. The light previously had to be…
Ernst & Young has seen the future, and it involves people doing what AI can’t. EY, one of the “Big Four” management consulting firms, said Monday it plans to award $100 million in bonuses to workers who demonstrate human skills, such as leadership, judgment, business acumen, collaboration and an ability to adapt. Although EY…
Some of the biggest names in artificial intelligence, including OpenAI and Anthropic, signed an open letter warning of the increased threat of AI-enabled cyberattacks on U.S. infrastructure. Matt Shumer, a venture capitalist and founder of somethingbig.ai newsletter, has more. Source link
America’s aging population and the rising incidence of chronic health conditions such as heart disease, cancer and diabetes are projected to create millions of healthcare and social assistance jobs over the next decade, according to new government labor data. Employment in the sector is projected to grow 9.5%, adding 2.2 million jobs, from 2025 to…
