May 13 China and U.S. envoys to hold 1st top-level dialogue on artificial intelligence By Jamey Keaten, Associated Press The meeting Tuesday is billed as an opening exchange of views in an inter-governmental dialogue on AI agreed during a meeting between U.S. President Joe Biden and Chinese President Xi Jinping in San Francisco in November. Continue reading
May 13 Biden blocks Chinese-backed crypto mining firm from land ownership near Wyoming military base By Fatima Hussein, Zeke Miller, Associated Press The order forces the divestment of property operated as a crypto mining facility near the Francis E. Warren Air Force Base. It also forces the removal of certain equipment owned by MineOne Partners Ltd., a firm that is partly owned… Continue reading
May 13 Are U.S. interest rates high enough to beat inflation? The Fed will take its time to find out By Christopher Rugaber, Associated Press The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this… Continue reading
May 13 U.S. airlines are suing the Biden administration over a new rule to make certain fees easier to find By Associated Press The rule requires better disclosure of fees on baggage and changing or canceling a reservation. The airlines say the new rule will confuse consumers by giving them too much information during the ticket-buying process. Continue reading
May 12 Watch 7:09 The costs and pitfalls of ‘earned wage access’ apps that offer loans between paychecks By John Yang, Andrew Corkery Two years of high prices for everything from groceries to gas have left many Americans struggling between paydays. For help, some are increasingly turning to “earned wage access” apps, which offer small, short-term loans until their next paycheck. We hear… Continue watching
May 10 New York’s legal marijuana program plagued by inexperienced leaders, report finds By Anthony Izaguirre, Associated Press New York's legal cannabis market has been hampered by inexperienced leaders who treated the state licensing agency like a "mission-driven" startup rather than a government office, according to an internal review. Continue reading
May 10 California governor aims to slash 10,000 vacant state jobs to help close $27.6 billion deficit By Adam Beam, Associated Press California Gov. Gavin Newsom says the state's budget deficit is $27.6 billion. The figure Newsom announced Friday is smaller than the deficit he anticipated in January. Continue reading
May 10 U.S. consumer sentiment drops to 6-month low on inflation, unemployment fears By Christopher Rugaber, Associated Press Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise. Continue reading
May 09 California to tap generative AI tools to increase services access, reduce traffic jams By Trân Nguyễn, Associated Press California could soon deploy generative artificial intelligence tools to help reduce traffic jams, make roads safer and provide tax guidance, among other things. Continue reading
May 09 Supreme Court sides with music producer in copyright case over sample in Flo Rida hit By Lindsay Whitehurst, Associated Press The 6-3 decision Thursday comes in a case filed by Sherman Nealy, who sued over music used in the 2008 hit "In the Ayer," by the rapper Flo Rida. Continue reading