XH4D/Getty Images This is the year artificial intelligence (AI) moves from the fringes to the mainstream. While some companies have been using AI and machine learning technologies to increase operational performance for several years, fewer organizations have found ways to put AI-powered tools like ChatGPT and Microsoft Copilot into production. Also: Agile development can unlock the power of generative AI …
Read More »Social security payments come out earlier than usual
Some Social Security recipients who will be paid this week will receive their monthly payments a day earlier than usual. Social Security payments made to retired Americans, those with disabilities, and survivors of former claimants are paid on a monthly basis by the Social Security Administration (SSA). By the end of 2023, about 67 million Americans were receiving benefits from …
Read More »China’s industrial production, housing sector slow its recovery
China’s housing market continues to face challenges as the country aims to restore its economy to pre-pandemic levels. The latest industrial production data from China showed that industrial production growth slowed to 5.6% in May, down more than 1% from the previous month’s figure. Seana Smith and Madison Mills of Yahoo Finance break down the details. For more expert insights …
Read More »Stock market today: Wall Street rallies to more records as big tech stocks continue to rise
The single biggest gainer in the S&P 500 was Super Micro Computer, which jumped 8.2% to bring its year-to-date gain to 221.5%. The company, which sells servers and storage systems used in artificial intelligence and other computing, is part of the AI supernova that has overshadowed almost everything else on Wall Street. Chip company Broadcom rose 5.9% to add to …
Read More »Hiring at OC Management Consulting Firms Dips 1% – Orange County Business Journal
OC’s largest management consulting firms have curbed local hiring. Of the 21 firms surveyed and rated by the Business Journal for this year’s list, the total number of OC management consultants fell 1% to 2,142 from last month.This includes some notable headcount changes at major firms. No. 1 Deloitte in Costa Mesa decreased to 361 management consultants last month from …
Read More »How Social Security may change next year
Because Social Security has been around for decades, you might assume that the program stays pretty much the same from year to year. But this is not necessarily true. Social Security has already undergone some pretty significant changes in 2024. Now that we’re halfway through the year, it’s important to be aware of these key things. 1. Next year’s cost …
Read More »Americans are worried about the economy. That is why. – Boston Globe
The question was not about President Biden, whose poll numbers show deep dissatisfaction with his handling of the economy. It was for Jerome Powell, chairman of the Federal Reserve, held at a press conference after the central bank’s decision last week to leave interest rates at the highest level in two decades to further reduce inflation. “I don’t think anybody …
Read More »FSB addresses stablecoin risks in emerging markets
The Financial Stability Board (FSB) is taking a closer look at the use of stablecoins in emerging markets. The watchdog group made the announcement after a plenary board meeting in Toronto. “In emerging markets and developing economies (EMDEs), crypto-assets present particular challenges for monetary policy and capital flow management,” the board said. “Members discussed the challenges posed by the relatively …
Read More »Canada is still failing people with disabilities
Over the past few weeks, Statistics Canada has done releasing new material covering disability, access and employment in Canada. A report on accessibility in Canada (based on the 2022 Canadian Survey on Disability, CSD) and a related study on the labor market characteristics of people with disabilities carefully critical information about the challenges facing the disability community. While the federal …
Read More »Time to check your spending? Why a mid-year financial reset makes sense
Sharing is careful! As we reach the middle of the year, it’s an opportune time to assess our financial situation. A mid-year financial reset allows you to review and potentially adjust your money management practices to ensure you are on track to achieve your goals by the end of the year. The need for a mid-year financial health check Conducting …
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