Economy

New Year’s Day brings a rise in the minimum hourly wage in nearly half of the states in the U.S., and 48 counties, though some economists warn that the mandated raises could hurt small businesses and overall employment levels. Fox

Despite nearly three years of war Russian energy has continued to transit unimpeded through Ukrainian territory until now.

Colorado’s left-wing Governor, Jared Polis, says it is “dumb” to oppose the H-1B program that rewards thousands of foreign students.

In the wake of Elon Musk’s fiery defense of H-1B visas, it has come to light that Tesla has replaced U.S. employees laid off earlier this year with foreign workers holding the very H-1B visas that Musk lashed out at conservatives for not supporting.

The rapid growth of AI data centers across the U.S. is not only straining power grids but also distorting the quality of electricity delivered to homes, threatening damage to appliances and increasing fire risks, according to an analysis performed by Bloomberg.

Foreign H-1B visa workers are “vastly underpaid” compared to their American counterparts doing the same work, researchers have found. 

The government of Brazil stopped issuing work visas for Chinese electric carmaker BYD after local authorities rescued 163 Chinese nationals working in conditions “analogous to slavery” at a BYD factory under construction in the city of Camaçari, Bahia, Reuters reported.

The parents of Suchir Balaji, a former OpenAI researcher turned whistleblower who was found dead in his San Francisco apartment, have hired an independent investigator to conduct a private autopsy, casting doubt on the official ruling of suicide.

Geoffrey Hinton, widely regarded as the “Godfather of AI,” has issued a stark warning that artificial intelligence could drive the human race to extinction within the next 10 years. Hinton also believes that AI could make humans the equivalents of “three-year-olds,” with the machines becoming the “grown-ups.”

American credit card defaults have risen to the highest levels since the aftermath of the 2008 financial crisis as consumers grapple with years of high inflation.

Tesla CEO and X owner Elon Musk has shifted his stance on the H-1B visa program, now calling for a “major reform” of the system just days after vowing to “go to war” in a fiery defense of the immigration program. 

President-elect Donald Trump says he has “always been in favor” of the H-1B visa program that imports hundreds of thousands of foreign workers, primarily from India, to take white-collar American jobs.

The discount chain Big Lots has reached a deal that will keep hundreds of its stores open.

Someone in California has a winning Mega Millions ticket worth about $1.22 billion, which was drawn on Friday.

A recent survey conducted by the Pew Research Center has shed light on the shifting social media landscape among teenagers, with nearly half of them reporting being online almost constantly. Teens are moving away from X/Twitter and Facebook as they continue to embrace China’s TikTok as their platform of choice.

As Google’s Waymo scales up its self-driving car service in San Francisco, some passengers have reported incidents of harassment and safety concerns while riding in the company’s driverless vehicles.

Residents in Seattle, Washington, plan to stop tipping as a minimum wage in hike in the Democrat-run city looms.

On Friday’s broadcast of CNN’s “OutFront,” New York State Sen. James Skoufis (D), who is also running to be the chair of the Democratic National Committee, stated that the Democratic Party has an issue because the American people don’t trust

On Friday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Kevin Cramer (R-ND) reacted to the IRS announcing it will send out COVID stimulus payments without requiring amended returns by pointing out how odd just throwing money out is after

Foreign H-1B visa workers received starting salaries about 10 percent less than their American counterparts at Deloitte, a multinational accounting firm whose wage data was hacked and published.

The majority of likely American voters says the United States does not need any more foreign H-1B visa workers to fill white-collar jobs, a new poll finds.

The number of people in the United States experiencing homelessness reached a new record this year, with lingering inflation and high housing prices among likely drivers, a government report said Friday.

An algorithm change on Elon Musk’s X platform following arguments about H-1B visas has sparked a debate about free speech at the same time as conservative users lament the loss of their blue verification badges and subscribers.

The choice of a policy adviser for AI in the next Trump administration has sparked widespread debate online over the H-1B visa program.

A new study by Anthropic, conducted in partnership with Redwood Research, has shed light on the potential for AI models to engage in deceptive behavior when subjected to training that conflicts with their original principles.

Elon Musk has called on his supporters to cease donations to Wikipedia, dubbing the online encyclopedia “Wokepedia” due to what he claims are plans to spend of over $50 million on diversity, equity, and inclusion (DEI) initiatives.

Apple has requested to participate in the next phase of the antitrust trial against Google, arguing that it cannot rely on the search giant to defend the revenue-sharing agreements that bring the iPhone maker up to $20 billion dollars annually via an exclusivity deal.

President Donald Trump’s MAGA supporters and his Silicon Valley donors are suddenly fighting online about investors’ policy of importing a huge number of foreign graduates for career-starting professional jobs in Fortune 500 companies.

Elon Musk’s X has significantly raised the price of its top-tier user subscription in multiple regions to support the platform’s creator payouts and to provide an ad-free browsing experience.

Suchir Balaji, a former OpenAI engineer who raised concerns about the company’s AI training practices potentially violating copyright law, was reportedly being considered as a key witness in lawsuits against OpenAI before he was found dead in his San Francisco apartment on November 26.

On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Beth Van Duyne (R-TX) said that tax cuts should be in the first reconciliation package the new Republican Congress passes to give businesses certainty and also stated that

California Gov. Gavin Newsom (D) is two-thirds short of the housing goal he set when he took office in 2019, while homelessness continues to rise across the state.