During a closed-door meeting with the Teamsters leadership, President Joe Biden emphasized the significance of Social Security as a vital component of his platform. This comes as the powerful labor union contemplates its endorsement for the upcoming 2024 election. For Biden, addressing labor issues and ensuring the protection of Social Security are top priorities. His
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OpenAI finds itself embroiled in a legal battle with Tesla CEO Elon Musk over a foundational claim made by Musk in a lawsuit filed against the startup. The dispute revolves around the commercialization of OpenAI’s ChatGPT chatbot and its underlying artificial intelligence models. Musk alleges a breach of contract based on a 2015 “founding agreement”
Former President Donald Trump has made it clear that he is a strong supporter of tariffs as a means of protecting American industries from what he perceives as unfair trade practices by other countries. He believes that imposing tariffs on foreign goods can provide both economic benefits and give the United States leverage in its
President Joe Biden’s re-election campaign received a significant financial boost, bringing in a staggering $10 million in the 24 hours following his State of the Union address. This influx of funds marks a record for Biden’s re-election effort and demonstrates the strong support he continues to have among donors. The $10 million raised post-State of
The Senate recently voted 75-22 to approve a government funding bill that will keep various agencies funded until September, thereby averting a potential partial government shutdown. This bill, which spans 1,050 pages, combines six different appropriations bills that were negotiated by key figures including Senate Majority Leader Chuck Schumer, House Speaker Mike Johnson, President Joe
When President Joe Biden launched his campaign last year, he emphasized the importance of “Freedom.” As he prepares for his re-election speech, he plans to echo the sentiments of one of his iconic predecessors, Franklin Roosevelt. Biden’s focus on freedom and threats to democracy as central electoral issues has drawn both praise and criticism from
The cost of cocoa, a core ingredient in chocolate production, has been on a record-breaking run in recent months, with prices climbing more than 57% year-to-date. This surge in prices has been primarily driven by concerns over the supply of cocoa in West Africa, which is home to around three quarters of the world’s production.
In a recent trial in New Mexico, the armorer for the movie “Rust,” Hannah Gutierrez-Reed, was found guilty of involuntary manslaughter and not guilty of tampering with evidence. This verdict came after approximately two and a half hours of jury deliberation. As a result, the 26-year-old Gutierrez-Reed could face up to three years in state
In recent times, Harvard University has faced its fair share of challenges, with issues such as the resignation of its president amid allegations of plagiarism and controversy over her congressional testimony about antisemitism on campus. Despite these obstacles, a new survey of college-bound students conducted by The Princeton Review revealed that Harvard has once again
Goldman Sachs recently introduced two new stock baskets based on corporate asset intensity, a metric that measures the ratio of assets to revenues. The firm’s strategy has focused on identifying lean companies with low asset intensity ratios, which have shown strong growth and outperformance in the market. In contrast, asset-heavy companies with higher asset intensity