The New Web Earthquake: AI Is About To Shake Up Culture Again

USATF's 2024 tax return, released this week, highlights a significant increase in revenue alongside a decrease in net assets. This report provides insight into how the governing body managed its finances during an Olympic year.

Fuel and energy prices are on the rise this year, contradicting earlier claims of stability. The increases in diesel and electricity prices are particularly alarming, raising concerns about the economic impact on consumers and businesses alike.

The world's most valuable company has reported another series of expectation-beating results, alleviating concerns about a potential AI bubble burst for the time being.

MSCI participated in the Global Conference, highlighting the role of artificial intelligence (AI) and analytics in driving growth. The company emphasized its commitment to leveraging these technologies to enhance investment strategies and operational efficiency. This focus aligns with broader market trends towards digital transformation in the finance sector.

Donald Trump has called for federal regulation of artificial intelligence (AI) to counteract what he describes as 'woke' state laws. This statement follows his warning that overregulation at the state level poses a threat to the growth of AI technologies.

Meredith Whitney, CEO of Meredith Whitney Advisory Group, has stated that lower-end consumers are experiencing a second recession in three years. During her appearance on 'Bloomberg The Close,' she noted that the so-called 'avocado toast generation' is still driving spending, despite the economic challenges. Whitney also discussed the implications for retail stocks and the ongoing AI boom.

Larry Page, cofounder of Google, has surpassed Jeff Bezos to become the world's third richest person following the announcement of the Gemini 3 AI model. Page's wealth increased by approximately $7.6 billion, while Sergey Brin, also a cofounder, gained around $7 billion. This shift in rankings highlights the financial impact of advancements in artificial intelligence.

Doubts have arisen regarding the accuracy of Disney's financial documents, as it was revealed that the revenue from its theme parks division reached the lowest level of the year during the summer season for the past two consecutive years. This contradicts the company's claims in its filings that revenue typically increases during this period.