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AI will cause 'painful transition' for world economy: IMF

The International Monetary Fund (IMF) has warned that the global economy is likely to face a “painful transition” as artificial intelligence (AI) causes “large-scale” people to lose their jobs for long periods of time. “New generative AI technologies hold great potential for boosting productivity and improving public service delivery, but the speed and scale of […]

IRS to close ‘major’ tax loophole

The IRS and Treasury Department on Monday announced plans to eliminate major tax loopholes exploited by wealthy taxpayers, a move that is expected to raise as much as $50 billion over the next decade. The plan targets so-called “partnership basis shifting,” transactions that allow companies or individuals to increase deductions and minimize liabilities by operating […]

West Should ‘Impose a Cost’ on China for Supporting Russia

NATO Secretary-General Jens Stoltenberg said on Monday that China should be punished for supporting Russia’s invasion of Ukraine. “Beijing can’t have both at the same time. At some point, allies will have to impose costs unless China changes course. There have to be consequences,” he said. Said. “China is stoking the biggest armed conflict in […]

Arrested Report Reveals What He Told Police

Pop star Justin Timberlake was reportedly arrested early Tuesday morning in Long Island, New York, and charged with DUI. Police said the “Bye Bye Bye” singer was arrested in the Long Island village of Sag Harbor and charged with DUI before being released without bail. The pop star’s lawyer, Ed Burke, said: Said US Weekly […]

Max Scherzer set to make 2024 Rangers debut on Saturday

Max Scherzer will make his 2024 debut with the Rangers on Saturday against the Royals. According to The Athletic’s Jim Bowden:. After undergoing back surgery over the winter and dealing more recently with a nerve issue in his thumb, the right-hander from Texas is on the verge of returning to the mound just days after […]

Willie Mays, baseball icon, dead at 93

Willie Mays, who played for the Giants and helped extend baseball’s golden age in New York City into the late 1950s when he wasn’t playing stickball on the streets of Harlem with neighborhood kids, died Tuesday at age 93, making him baseball’s oldest living Hall of Fame inductee. Known affectionately as the “Say Hey Kid,” […]

Biden wants amnesty for 100k+ illegal immigrants

Joe Biden is rumored to be passing an executive order that would grant amnesty to hundreds of thousands of illegal alien spouses of U.S. citizens. The proposal would be called “Parole in Place.” “Of course, removing the obstacles in U.S. law that prevent those who entered the U.S. illegally from obtaining green cards without leaving […]