OpenAI’s artificial intelligence system GPT-4 has shown “sparks of artificial general intelligence (AGI),” displaying abilities in a wide range of knowledge domains with a performance that is almost at the “human-level,” according to a paper by Microsoft Research. An AGI would be able to understand the world as human beings do and have a similar…
Latest AI Model Shows Signs of ‘Human-Level’ Intelligence: Microsoft Research
Home Depot Cuts Forecasts Amid Pullback on Home Improvements
Home Depot’s revenue during the first quarter fell short of expectations and the company on Tuesday cut its annual sales forecast and projected a decline in profit for the first time since 2009. Shares of the nation’s largest home improvement chain tumbled about 4 percent, while those in rival Lowe’s dropped nearly 3 percent. For the…
Corporations Threatening Free Speech and Religious Freedoms Exposed in Business Index
May 17, 2023
admin
Business & MarketsCompaniescorporate censorshipPolicies & ImpactsSocial IssuesUSUS Newswoke ideologies
0 Comment
Non-profit Alliance Defending Freedom (ADF) has published this year’s Viewpoint Diversity Score Business Index, putting the spotlight on corporations with little respect for freedom of faith and speech that put Americans at risk of getting punished for their beliefs. The index measures how tolerant a corporation is when it comes to respecting free speech and…
Shred the White Collar and Put on the Blue
May 17, 2023
admin
blue collarBusiness & MarketsBusiness ColumnistsemploymentJobs MarketOpinionU.S. economyViewpointswhite collar
0 Comment
Commentary In 1936, John Maynard Keynes, who was the most influential economist of the 20th century, wrote in his popular treatise (“The General Theory”) of his ultimate solution for permanent growth and high employment without business cycles. He called for the government to drive interest rates to zero. This would spur massive borrowing and then…
Bud Light Sales Crash Worsens in Latest Week Since Dylan Mulvaney Fiasco
The latest industry figures show that Bud Light’s sales slump deepened into May as the fallout from the brand’s engagement with transgender influencer Dylan Mulvaney continues to hammer Bud Light’s bottom line. Sales volumes of Bud Light fell by 23.6 percent in the week ended on May 6, according to retail scanner numbers cited by…
Stellantis Recalls Nearly 220,000 Jeep SUVs Over Fire Risk, Says to Park Vehicles Outside
Chrysler-parent Stellantis announced on May 16 a recall of 219,000 Jeep SUVs worldwide over a potential fire hazard involving the power liftgate. The recall covers model years 2014–2016 of Jeep Cherokee SUVs equipped with a power liftgate. An electrical short in the power liftgate module may lead to a vehicle fire with the ignition on…
Wages Growth Hits Decade High, Still Far Below Inflation
Annual wage growth increased by almost a full percent during beginning of the year as the Australian job market remains tight. The Australian Bureau of Statistics (ABS) seasonally adjusted wage price index rose 0.8 percent in the March quarter and 3.7 percent over the year. This is an increase from the 3.4 percent annual wage…
Home Depot Cuts Forecasts, Signals Weakness Ahead for Big US Retailers
Home Depot Inc. on Tuesday cut its annual sales forecast and projected a steeper-than-expected decline in profit, stoking fears about inflation-wary consumers trimming discretionary spending as a big earnings week for U.S. retailers rolls out. Shares of the largest U.S. home improvement chain, which also blamed a wet start to Spring and falling lumber prices…
State AGs Charge That Insurance Companies’ Net Zero Agenda May Violate US Antitrust Laws
May 17, 2023
admin
antitrustAntitrust SuitBusiness & MarketsCompaniescorporate collusioninsurance companiesInvestmentstate attorneys generalUSUS News
0 Comment
Attorneys general from 23 states issued a letter to 28 insurance companies on May 15 requesting information regarding possible violations by the insurers of U.S. antitrust laws. In what could be the first step towards an antitrust lawsuit, the state AGs requested that the insurance companies provide details on their membership in climate associations like…
Closing Prices for Crude Oil, Gold, and Other Commodities (May 16)
May 16, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for June delivery fell 25 cents to $70.86 a barrel Tuesday. Brent crude for July delivery fell 32 cents to $74.91 a barrel. Wholesale gasoline for June delivery rose 1 cent $2.48 a gallon. June heating oil fell 2 cents to $2.36 a gallon. June natural gas was unchanged at $2.38…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta