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Author: Daniel snow
Fatcamera | E+ | Getty ImagesThe House tax and spending bill would push millions of Americans off health insurance rolls, as Republicans cut programs like Medicaid and the Affordable Care Act to fund priorities from President Donald Trump, including almost $4 trillion of tax cuts. The Congressional Budget Office, a nonpartisan legislative scorekeeper, projects about 11 million people would lose health coverage due to provisions in the House bill, if enacted in its current form. It estimates another 4 million or so would lose insurance due to expiring Obamacare subsidies, which the bill doesn’t extend.The ranks of the uninsured would swell as…
Is the Euro becoming a global currency? Source link
Trump’s Budget Would Ban States From Regulating AI For 10 Years. Why That Could Be a Problem for Everyday Americans
Without any legislative oversight at the state level, the public could be forced to contend with AI shaping their world with no guardrails. Source link
Omar Hauron, co-founder and CEO of augmented intelligence platform Eudia, says the sport reminds him to focus on what he can control—and forget the rest. Source link
One year ago, Apple announced Apple Intelligence, its response to the wave of sophisticated chatbots and systems kicked off by the arrival of ChatGPT and the age of generative AI.Analysts said Apple’s installed base of more than 1 billion iPhones, the data on its device and its custom-designed silicon chips were advantages that would help the company become an AI leader.But it’s been an underwhelming 12 months since then.Apple Intelligence stumbled out of the gate while rivals like OpenAI, Google and Meta have continued to make headway launching new generative-AI models. Now, investors are calling for Apple to do something major…
The employees who’ll lead the change and get your business using AI won’t be executives issuing orders from the top down. Source link
While steering clear of outright confrontation, the U.S. Treasury ups the pressure on Japan and China to reform their trade practices. Source link
A Moscow shopping mall pictured earlier this year. Anadolu | Anadolu | Getty ImagesRussia’s central bank on Friday cut interest rates for the first time since September 2022, in a sign that inflation pressures — not long ago described by President Vladimir Putin as “alarming” — are beginning to ease.The Bank of Russia took rates down by 100 basis points to 20%. They had been held at 21% since last October, the highest level since the new benchmark rate was introduced in 2013.The inflation rate in April was 6.2%, it said, down from an average 8.2% across the first quarter of…
These 5 steps can help your entrepreneurial brain transform stress into a competitive advantage. Source link
Never mind tariffs and tantrums, ‘the dual equity pain trade’ means new highs for stocks
Big investors find themselves underweight big tech as leadership narrows again, says JPMorgan Source link