Turning public companies into private companies: the SEC’s retreat from transparency and accountability

The SEC has announced a pause on Wall Street's leverage practices, indicating a shift in regulatory scrutiny aimed at managing financial risks. This decision comes amid concerns about excessive leverage in the market, which could pose systemic risks to the financial system.

A recent study has revealed that AI reasoning models consume, on average, 30 times more energy to respond to 1,000 written prompts compared to alternatives that do not utilize such models. This significant energy tradeoff raises concerns about the sustainability of these technologies in the long term.

Elon Musk announced that Tesla owners will soon have the ability to text while driving, despite the legality of such actions being prohibited in nearly all 50 states. Safety experts warn that this feature could undermine the automated driving capabilities of Tesla's Full Self-Driving (FSD) technology, raising concerns about driver distraction and safety.

Former President Donald Trump has expressed a desire to expand health savings accounts (HSAs), which are currently being utilized by wealthier Americans for non-medical expenses such as gym equipment and saunas, while poorer Americans are unable to use them for insurance premiums. This raises concerns about the accessibility and equity of healthcare financing.

New polling from Harvard indicates that a significant majority of Generation Z workers fear that artificial intelligence (AI) will diminish their job prospects, reflecting a broader anxiety about the future of work. This sentiment is echoed by various economic analyses warning of potential job losses due to AI advancements.

NetClass Technology has filed a notice with the Securities and Exchange Commission (SEC) regarding its upcoming annual shareholder meeting, a routine procedure for publicly traded companies to inform shareholders about important corporate matters.

The Harvard Youth Poll has unveiled significant anxiety and distrust among Generation Z, highlighting a generation grappling with economic insecurity and a lack of faith in the financial system. This survey reveals that many young people feel alienated and uncertain about their future prospects.

Signed contracts for luxury homes in Manhattan priced over $4 million surged by 25% following the recent mayoral election, contradicting earlier predictions of a mass exodus from New York City. Realtor Donna Olshan noted that the notion of people fleeing to Florida was exaggerated.