Author: Editor-In-Chief
As companies improve productivity, the introduction of artificial intelligence could lead to significant employment struggles for entry-level workers. ServiceNow CEO Bill McDermott.McDermott told Squawk on the Street on Friday that the unemployment rate for recent college graduates “could easily reach the mid-30s in the next few years.””Much of the work will be done by agents, so it will be difficult for young people to differentiate themselves in a corporate environment,” he added.The New York Fed estimates that the unemployment rate for new graduates at the end of 2025 will be approximately 5.7%. The underemployment rate was 42.5%, the highest level…
In this November 25, 2019 file photo, Tovah Noel, center, wearing a yellow blouse, the federal prison guard responsible for guarding Jeffrey Epstein the night he committed suicide, leaves a federal courthouse in New York.Craig Rattle | APThe House committee investigating disgraced sex offender Jeffrey Epstein announced Friday that it is seeking testimony from the prison guard who was on duty the night the New York financier died.In a letter posted to the House Oversight Committee’s X account, Chairman James Comer (R-Ky.) called Tovah Noel, who allegedly Googled Epstein minutes before his body was discovered, and requested a March 26…
Brazilian President Luiz Inacio Lula da Silva said that Darren Beatty was “banned from meeting” Bolsonaro in prison.listen to this article | 3 minutesinformationPublished March 13, 2026March 13, 2026Click here to share on social mediaShare 2shareplus 2 googleAdd Al Jazeera to GoogleinformationThe Brazilian government has canceled the visa of Darren Beatty, a far-right adviser to US President Donald Trump who was scheduled to visit former President Jair Bolsonaro in his prison cell in Brasilia.Brazilian President Luiz Inacio Lula da Silva confirmed on Friday that Beatty’s visa had been revoked. He equated this to the United States extracting visas from Brazilian…
A US Air Force KC-135 Stratotanker tanker crashed in western Iraq on Thursday, killing six US service members, the US military said, adding that the incident was “not caused by hostile or friendly fire.” U.S. Central Command confirmed in a statement Friday morning that all members of the plane’s crew were killed. An earlier statement said the two planes were involved in an accident over western Iraq during Operation Epic Fury, the Pentagon’s name for the war with Iran. “One aircraft crashed in western Iraq, the second landed safely. The crash was not caused by hostile or friendly fire,” the…
The F1 Grand Prix to be held in April in Bahrain and Saudi Arabia has been canceled this weekend due to the Middle East conflict, and the 2026 season will be reduced to 22 races.The sport’s fourth race of the new season was scheduled to take place in Bahrain on April 10-12, followed by a week later in the Saudi Arabian city of Jeddah on April 17-19. But both countries are among the Gulf states that have been attacked by Iran in retaliation for U.S. and Israeli airstrikes during the region’s conflict. Safety is a top concern for F1 and…
At Friday’s SXSW conference, Spotify co-CEO Gustav Söderström announced in beta a new feature that will allow listeners to see and edit their Taste Profile, an algorithmically generated model of their music tastes, for the first time. This taste profile is the key to Spotify’s recommendations, including Discover Weekly, personalized playlists like Made For You picks, and year-end reviews known as Spotify Wrapped. Starting initially with Premium listeners in New Zealand, Spotify will allow users to see all their listening data, including music, podcasts and audiobooks, in one place within the app. Users will be able to edit this profile…
When Warren Buffett stepped down as CEO of Berkshire Hathaway at the end of 2025, the company had a huge stash of cash. Berkshire reported more than $370 billion in cash equivalents on its books at year-end, the majority of which was held in Treasury bills. Buffett, 95, told CNBC’s Becky Quick on “Warren Buffett: Life and Legacy.” Rather, he explained that significantly changing a portfolio of Berkshire’s size would require a huge investment. And he couldn’t find any investments worth spending large amounts of cash on.”It’s an outside situation,” he told Quick. “If, after the talk, you say, ‘I…
Future Publishing | Future | Getty ImagesAmazon The company announced Friday that it is increasing the price of its ad-free Prime Video service in the U.S. by $2 a month. Starting April 10th, the service will cost $4.99 per month instead of $2.99. As part of the price increase, Amazon announced that it would rebrand its ad-free slot as “Prime Video Ultra” and add features to the subscription, including the ability to watch content on five devices simultaneously, up to 100 downloads, and 4K streaming.”Ad-free streaming delivery with premium features requires significant investment, and this structure allows customers the flexibility…
The Trump administration has launched a series of measures to try to cushion the blow from the Iranian-led oil price hike, but prices remain high.As the war drags on, it becomes clear that there is not much the United States or other governments can do to relieve high oil prices other than ending the conflict. A military breakthrough is needed to distribute oil and lower energy prices. That means this event is very different from past market crises that President Donald Trump has weathered. The pattern of escalating political tensions followed by rapid economic relief that has lasted throughout President…
Tel Aviv, Israel — Specks of orange light spread across the night sky as air raid sirens blare in the background. It’s a disturbing picture that has become a hallmark of the war, as Iran increasingly equips some of its ballistic missiles with cluster munitions aimed at penetrating Israel’s sophisticated air defenses. The specks of light are small bombs, each carrying up to 11 pounds of explosives, that are released from the missile’s head at high altitude and then rain down indiscriminately over a wide area. Experts say most of Iran’s ballistic missiles carry around 24 submunitions, but one of…