Double-Edged Sword of AI: Job Creation, Yet Higher Unemployment
As we leap into the era of artificial intelligence (AI), we feel both excitement and trepidation. The advent of AI technologies promises innovation, unprecedented efficiency, greatly increased productivity, and a higher standard of living.
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Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.
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Energy Crisis Fears Grow as Iran Chokes Shipping, Hits Dubai Airport
Fears of a global energy crisis rose Monday as the war in the Middle East raged on, with more U.S.-Israeli strikes on the Iranian capital and Israel's bombardment of Lebanon.
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Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz
The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.
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