United States Securities and Exchange Commission (SEC) Chair Gary Gensler believes a financial crisis stemming from the widespread use of artificial intelligence (AI) is “nearly unavoidable” without swift intervention by regulators. In an interview with the Financial Times, Mr. Gensler outlined why, in his opinion, regulators must quickly find a …
Read More »Powerball bonanza: More than 150 winners claim nearly $20 million in lower-tier prizes
Although a California resident was the sole winner of the $1.76 billion Powerball jackpot after Wednesday night’s drawing, at more than 150 players in around the U.S. won between $50,000 and $2 million by getting the majority of the numbers right. Two players won $2 million from Powerball before taxes – one …
Read More »U.S. employers covering weight-loss drugs could nearly double in 2024 – survey
The number of U.S. employers who cover obesity medications, including Wegovy from Novo Nordisk (NOVOb.CO) that belongs to a class of GLP-1 drugs, could nearly double next year, according to a survey. The survey of 502 employers by Accolade (ACCD.O), a company that provides healthcare programs for employers, and research firm Savanta said …
Read More »Hollywood Writers Strike Over After Nearly 5 Months as New Deal Reached
The nearly five-months-long Hollywood writer’s strike was declared over on Tuesday after board members from the Writers Guild of America (WGA) approved a new contract with studios. The deal came after union bosses said earlier this week that their roughly 11,500 writers had reached a tentative agreement with the Alliance …
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