Tariffs will revert back to their April 2 rates on Aug. 1 for countries that fail to nail down new trade deals with the United States, Treasury Secretary Scott Bessent said Sunday, just three days before the Trump administration's initial July 9 deadline for tariffs to return. read more
Elon Musk and MAGA podcaster Steve Bannon renewed their long-running hostilities on Friday as they each warned the other of dire legal consequences. read more
Other tech leaders have chimed in before. Earlier this year, Anthropic, an AI startup, flashed a big warning: AI could wipe out more than half of all entry-level white-collar jobs in the next one to five years. Ready or not, AI is reshaping, displacing and creating new roles as technology's impact on the job market ripples across multiple sectors. The AI frenzy has fueled a lot of anxiety from workers who fear their jobs could be automated. Roughly half of U.S. workers are worried about how AI may be used in the workplace in the future and few think AI will lead to more job opportunities in the long run, according to a Pew Research Center report. The heightened fear comes as major tech companies, such as Microsoft, Intel, Amazon and Meta cut workers, push for more efficiency and promote their AI tools. Tech companies have rolled out AI-powered features that can generate code, analyze data, develop apps and help complete other tedious tasks.
Donald Trump signs his "one big beautiful bill" today at the White House. Trump goes off on an ill-informed tirade demeaning renewable energy sources like wind. Trump states, "I have never seen a wind farm in China," making the claim that China doesn't produce wind energy. A simple search on the internet shows that China is the global leader in wind energy. read more
Merit Street Media, the multiplatform network owned by former daytime talk show host Dr. Phil McGraw, has filed for bankruptcy less than two years after its launch. read more
People will die. Whether it's measles or ICE or FEMA tapping out.