Michael Brochstein/ZUMA Press Wire / SplashNews.com / Michael Brochstein/ZUMA Press Wire / SplashNews.com Because of her late start in the 2024 presidential campaign, vice president and presumptive Democratic nominee Kamala Harris has not had much time to roll out an economic platform. She was expected to do so this week, though what she unveils might … Read more
Personal Finance Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Credit Cards Can you pay your taxes with a credit card? Written by Katherine Fan 2024-07-18T17:56:54Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the … Read more
here. Despite the fact that the thermometer still reads summer, fall is creeping closer. According to the National Retail Federation, one in five (22%) back-to-school shoppers have already started gearing up for the 2024-25 school year (you can count me as one of them). However, with above-average prices in stores and online, those shoppers are … Read more
Published at 10 Jun 2024 According to estimates, cuts proposed by the Trump camp could increase US national debt by USD 1 trillion… According to estimates, cuts proposed by the Trump camp could increase US national debt by USD 1 trillion. As election fever in the US grows increasingly frantic with November’s crucial poll looming … Read more
President Biden is proposing a tax hike on savings, including a 45% tax on capital gains, which would negatively impact retirement savings for millions of Americans. Biden’s proposed tax increases on investment are driven by the government’s addiction to spending, with a proposed federal budget of .3 trillion and .9 trillion in future tax hikes. These taxes will result in lower spending and reduced savings for families, affecting their ability to save for retirement. Biden’s policies are seen as detrimental to individuals and the economy, as they will hinder investment and economic growth.
Fact: The digital advertising industry, supported by AI, is projected to generate €175 billion annually by 2032.
Google announced restrictions on its new AI search tool, AI Overviews, after it produced inaccurate and bizarre responses. The tool advised people to eat rocks and spread false information about Barack Obama. Google’s head of search, Liz Reid, acknowledged the failures and implemented protective measures like limiting user-generated content and temporarily halting AI responses on certain topics like health. Despite challenges, Reid defended the tool, but cautioned users to independently verify results due to the risk of misinformation. The rollout of AI Overviews sparked reactions as it replaced traditional search result links, leading to concerns over the spread of inaccurate advice on social media. Google urged users to independently verify information and attributed peculiar results to a “data void” where reliable information is scarce. Despite setbacks, Google remains committed to improving its AI tools and enhancing user experience while safeguarding against misinformation.
The International Federation of Red Cross and Red Crescent Societies (IFRC) is calling for a ceasefire and unimpeded humanitarian access to the Gaza Strip, where millions of people are facing worsening hunger.
John Swinney was elected as the new leader of the Scottish National Party (SNP) and is set to replace Humza Yousaf as Scotland’s first minister.
– Berkshire Hathaway’s cash pile is projected to exceed 0 billion this year.
– Despite selling off a significant portion of its shares in Apple, Berkshire still views Apple stock favorably.
– Buffett believes selling Apple stock now could help Berkshire pay larger tax rates in the future.
– Buffett expressed concerns about advancements in artificial intelligence and its potential for harm.
– Berkshire is not anticipating making many significant investments outside the U.S., except in Canada.
– Buffett teased his eventual succession and named Greg Abel as his eventual successor.
– Berkshire reported profits of .7 billion in the first quarter of this year, with operating earnings rising 39%.
– Berkshire’s annual shareholders meeting this year was the first without Charlie Munger, who passed away last year.