Month: May 2025
AI may ‘exacerbate inequality’ at work. Here’s how experts think companies should address that
The rise of AI can cause both “utopian” and “dystopian” effects in the future, says AI expert Pedro Uria-Recio. Mtstock Studio | E+ | Getty Images Workplace leaders are grappling with balancing between prioritizing people and profit making amid the rapid rise of artificial intelligence. Companies have a responsibility to protect jobs as the AI […]
Read More
Trump announces 100% tariff for movies produced outside U.S.
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images U.S. President Donald Trump announced Sunday a 100% tariff on movies produced outside of the United States, saying the U.S. movie industry was dying a “very fast death” due to the incentives that other countries were offering to draw American filmmakers. “This […]
Read More
Australian markets set to rally after Prime Minister Albanese’s reelection; most Asian markets closed for holiday
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Australian markets were set to rally Monday following Prime Minister Anthony Albanese’s reelection for a second term, while most Asian markets were closed for a holiday. He is the […]
Read More
Stock futures inch lower after S&P 500 notches best winning streak in 20 years: Live updates
Traders work on the floor of the New York Stock Exchange on April 29, 2025. NYSE U.S. stock futures ticked down Sunday night as Wall Street comes off a winning week, with the S&P 500 logging its longest positive streak in two decades. Futures tied to the S&P 500 fell 0.3%. Dow Jones Industrial Average […]
Read More
U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June
Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent […]
Read More
NPR and PBS CEOs say they’ll challenge Trump administration over federal funding cuts
A sign for the Public Broadcasting Service (PBS) is seen on its building headquarters on Feb. 18, 2025 in Arlington, Virginia. Kayla Bartkowski | Getty Images The CEOs of NPR and PBS said they’re looking into options to challenge the Trump administration following the president’s executive order to cut off public funding to the news […]
Read More
Planned bombing at Lady Gaga’s Rio de Janiero show thwarted, police say
People gather to attend Lady Gaga’s open concert, in Copacabana beach in Rio de Janeiro, Brazil, on May 3, 2025. Pilar Olivares | Reuters A planned bombing at a Lady Gaga concert in Brazil on Saturday night was foiled and a person is in custody in connection to the failed plot, Brazilian authorities said. Unidentified […]
Read More
Disney and Marvel’s ‘Thunderbolts*’ snares $76 million domestic opening
Florence Pugh, Sebastian Stan, David Harbour, Wyatt Russell and Hannah John-Kamen star in Disney and Marvel’s “Thunderbolts*” Disney A group of unconventional antiheroes has jumpstarted the summer box office. Disney and Marvel’s “Thunderbolts*” tallied an estimated $76 million during its domestic opening weekend, the third highest debut of 2025. Including international ticket sales, the latest […]
Read More
Trump, asked if he has to ‘uphold the Constitution,’ says, ‘I don’t know’
U.S. President Donald Trump delivers remarks on the National Day of Prayer, in the Rose Garden at the White House in Washington, D.C., U.S., May 1, 2025. Evelyn Hockstein | Reuters President Donald Trump argued in an interview with NBC News’ “Meet the Press” that fulfilling his ambitious campaign promise to rapidly carry out mass […]
Read More
Trump rejects concerns about prices and economic uncertainty as he defends his agenda
U.S. President Donald Trump delivers a commencement address at the University of Alabama in Tuscaloosa, Alabama, U.S., May 1, 2025. Leah Millis | Reuters President Donald Trump played down the fears of his critics — from the potential harms of a recession to worries about rising prices due to his tariffs to the possibility that […]
Read More