David Sacks, a key adviser to President Trump on technology, told CBS News he believes that fears about artificial intelligence’s potential threat to humanity are overblown and that, while caution is warranted, development of AI should continue. “I think this is becoming a panic,” he told CBS News senior business and technology correspondent Jo Ling…
Inflation held steady in August, with consumer prices rising 3.4% from a year earlier, matching July’s pace but coming in slightly higher than economists had forecast as gasoline costs kept prices elevated. By the numbers Economists polled by FactSet expected inflation to rise in August at an annual rate of 3.3%. The CPI, a basket…
Diesel prices in the U.S. are barreling toward a painful new milestone for the transportation industry: $6 a gallon, a surge experts said is likely to have ripple effects for consumers as businesses pass on their higher energy costs. The national average for a gallon of diesel on Thursday rose to $5.98, up 61% from…
French authorities have launched an investigation after female employees at Paris’s Eiffel Tower were taken off duty for a private visit by a Hindu religious group, leading to a staff strike and Monday closure at the iconic landmark. Eiffel Tower staff union representative Diane Davoine told Reuters a group of 100 or so people linked…
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 U.S. Mint will begin selling gold-colored $1 coins featuring President Donald Trump’s likeness at noon ET on Wednesday, with prices ranging from about $1.55 to $2.44 per coin. The coins, first announced in July, bear a rendering of Mr. Trump’s face on the obverse side, with the inscriptions “Liberty,” “In God We Trust” and…
A man who, instead of rating movies or restaurants, rates benches on Instagram, just gave out his first 10/10, a milestone seven years and 300 reviews in the making. Tony Dokoupil has the story. Source link
The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs. The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…
For incoming freshmen at Bishop Kelley High School in Tulsa, Oklahoma, it’s hard to imagine a more mortifying tradition on first-day dropoff: All the seniors surround their cars and don’t let them out until they do one specific thing – give their mothers a goodbye kiss. Steve Hartman reports on how a tradition of senior…
For incoming freshmen at Bishop Kelley High School in Tulsa, Oklahoma, it’s hard to imagine a more mortifying first day. All the seniors surround their cars and don’t let them out until they do one specific thing: give their mothers a goodbye kiss. “We hold the car, we hold the car door, preventing it from…
