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Recent Articles from Associated Press
Trump Launches $1M ‘Gold Card’ Offering Path to Citizenship
Trump launches a $1M “gold card” offering legal status and a path to citizenship, replacing the EB-5 visa to attract skilled workers.
AI boom fuels new push for humanoid robots, despite doubts
MOUNTAIN VIEW, Calif. (AP) — Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and “boring, honestly,” says venture capitalist Modar Alaoui. But the commercial boom in artificial intelligence has lit a spark under long-simmering visions to build humanoid robots that can move their mechanical bodies like humans and do things [&hell[...]
US mortgage rates tick up to 6.22% but stay near lows
US mortgage rates inched up to 6.22% but remain near yearly lows as refinancing surges and economists expect rates to stay just above 6% next year.
Dow, S&P 500 hit records despite AI stock slump
NEW YORK (AP) — Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The S&P 500 inched up 0.2% and eked past its prior all-time closing high, which was set in October. The Dow Jones Industrial leaped 646 points, or 1.3%, to top its […]
Hearing on whether ex-Abercrombie & Fitch CEO is mentally fit to stand trial for sex trafficking set
NEW YORK (AP) — The former CEO of Abercrombie & Fitch faces a March court hearing to determine whether he’s competent to stand trial on sex trafficking charges after being hospitalized in recent months for dementia and Alzheimer’s symptoms. If he’s found mentally fit, Michael Jeffries could have his day in court by late October, U.S. District […]
Senators seek to change bill that allows military to operate just like before the DC plane crash
Senators from both parties pushed Thursday for changes to a massive defense bill after crash investigators and victims’ families warned the legislation would undo key safety reforms stemming from a collision between an airliner and Army helicopter over Washington, D.C., that killed 67 people. The head of the National Transportation Safety Board investigating the crash, a group of the v[...]
Disney invests $1B in OpenAI, strikes Sora licensing deal
Disney will invest $1B in OpenAI and license 200+ characters to Sora, while demanding Google stop using its content to train AI models.
Time magazine names ‘Architects of AI’ as its person of the year for 2025
Time named the “Architects of AI” as its 2025 Person of the Year, highlighting tech leaders who drove artificial intelligence into the mainstream.
Jobless claims jump, but labor market still appears steady
WASHINGTON (AP) — The number of Americans applying for unemployment benefits jumped last week, but remain in the same historically healthy range of the past few years despite growing concern over the health of the labor market. U.S. jobless claim applications for the week ending Dec. 6 climbed by 44,000 to 236,000 from the previous […]
Oil firms bid $300M in first Gulf lease sale under Trump
WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region under Republican efforts to ramp up U.S. fossil fuel production. The sale came after President Donald Trump‘s administration recently announced plans to allow new drilling off Florida and California for […]
