Business and Finance
The owner of the New York Mets, Steve Cohen, has been approved to operate a casino that is next to Citi Field in Queens, New York. This is one of the three projects that the State Gaming Commission’s Facility Location Board has been working on in New York City that...
In a recent announcement, Jeff Bezos, the former CEO of Amazon, announced the launch of a new AI startup named “Project Prometheus”. This project is one of the many startups that have entered the race for AI development and implementation. He will be running the company alongside fellow co-CEO Vik...
In a recent Truth Social post, President Donald Trump has proposed that a new, 50-year mortgage plan be developed for young Americans to help them with purchasing real estate. For years now, the housing market of the United States has been an issue that millions of young Americans have grappled...
On Monday morning this week, Amazon’s stock rose around 5% after announcing that they have signed a $38 billion deal with OpenAI to allow them access to hundreds of thousands of AI chips produced by Nvidia. This deal is set to last for 7 years and should provide the company...
Meta, the American multinational technology company, has recently taken on a large $30 billion debt to support the company’s desire to win the race for AI technological development. Artificial Intelligence has been a new technology that all major companies have been pursuing ever since it has proven its feasibility to...
Misinformation has been something many have been forced to learn how to deal with. The internet of the modern day is filled with incorrect or misleading information, either created from an uninformed source or deliberately created to mislead others. This misinformation can cause all kinds of confusion amongst people, but...
In a recent announcement, Kraft Heinz is set to split into two different companies as economic struggles make the company rethink the merger. The announcement comes after the company has not seen any economic growth for a decade since the merger. The goal is that one of the companies will...
OpenAI is expected to ramp up the power of its AI, expending over $100 billion to increase the power available. ChatGPT, one of the most famous AIs under the company, is expected to be the focus of this expansion to meet the public’s heightened demand. OpenAI is an American artificial...
New York City has been considered the world’s financial capital for years, thanks to the presence of Wall Street and The New York Stock Exchange. However, when it comes to the size of the financial workforce in the sector, a new rival has emerged in Texas. Recently, Texas now has...
More often nowadays, you hear of the various in-person stores and locations that close or go out of business. The huge competition that online shopping brings has had devastating effects on the brick-and-mortar setup that many industries relied on. Despite this, these stores still offer experiences that no website can...
In America, we tend to do things that vastly differ from other countries, ranging from our policies to the way we measure length and temperatures. These changes are confusing for most of our neighboring nations, but something in the service industry has even Americans scratching their heads. That would be...
Inflation continues its persistent climb, casting a long shadow over the economic landscape for American consumers and small businesses. While the overall Consumer Price Index (CPI) rose two-point-seven percent over the last twelve months ending in June, according to the Bureau of Labor Statistics (BLS), the real pinch is felt...
