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- British Gas took 15 months to refund me £1,500. It’s absurd
Beth Kojder said it was frustrating it took so long to get her money back, given the ombudsman had ruled in her favour nearly a year ago. ...[TheTopNews] Read More.2 hours ago - Trump officials push for cheaper cars through regulatory rollbacks during Midwest tour
Trump administration officials this week touted efforts to lower car prices through regulatory rollbacks and the deemphasizing of electric vehicles during a Midwest auto industry tour."In this administration, we are rolling back what I would argue is illegal and unattainable for a fuel economy standard," U.S. Transportation Secretary Sean Duffy told reporters Friday at a Jeep plant in Ohio, The Detroit News reported.Duffy was referring to ambitious vehicle emissions regulations put in place during the Biden administration.Duffy added, "Thirty-five miles to the gallon for this new fuel economy standard ... which is going to, I think, bring prices down and going to allow car companies to offer products that Americans want to buy."SMALL BUSINESS ADMINISTRATION UNVEILS NEW INITIATIVE TO ROLL BACK FEDERAL REGULATIONSDuffy, along with Environmental Protection Agency (EPA) head Lee Zeldin, and U.S. Trade Representative Jamieson Greer, toured the annual Detroit Auto Show to close out their two-day Midwestern… ...[TheTopNews] Read More.4 hours ago - ‘We’ll Sue’: White House’s Warning to CBS Is Sign of a New Media Status Quo
In previously unreported remarks, the White House press secretary Karoline Leavitt told CBS News that Mr. Trump would “sue” the news outlet if it did not air an interview unedited. ...[TheTopNews] Read More.7 hours ago - National Anger Spills Into Target Stores, AgainVideos of immigration officers dragging an employee out of a store near Minneapolis, the retailer’s hometown, set off renewed political debate after years of boycotts. ...[TheTopNews] Read More.8 hours ago
- Trump says he will sue JPMorgan Chase over ‘incorrect’ post-Jan 6 debankingPresident Donald Trump said Saturday he plans to sue JPMorgan Chase, accusing the banking giant of improperly cutting off his accounts in the aftermath of the Jan. 6, 2021, Capitol protest.Trump made the allegation in a lengthy post on Truth Social, where he also denied a report that claimed he had offered JPMorgan CEO Jamie Dimon the job of Federal Reserve chair.Trump also pushed back on suggestions that he had considered Dimon for Treasury secretary, saying he already has Scott Bessent in the role.TRUMP SAYS LAWSUIT AGAINST BBC WILL BE FILED IMMINENTLY"The problem is, I have Scott Bessent doing a fantastic job, A SUPERSTAR — Why would I give it to Jamie? No such offer was made there, or even thought of, either," Trump wrote.Trump went on to defend those who protested on Jan. 6, writing, "a protest that turned out to be correct for those doing the protesting —… ...[TheTopNews] Read More.9 hours ago
- AI raises average wages by 21% and substantially reduces’ wage inequality, researchers findArtificial intelligence "substantially reduces wage inequality while raising average wages by 21 percent," according to a new working paper co-authored by an assistant professor at Stanford University. The paper released this week by Lukas Althoff, titled "Task-Specific Technical Change and Comparative Advantage" and written alongside Hugo Reichardt, an affiliated professor at the Barcelona School of Economics, said that, "Artificial intelligence is changing which tasks workers do and how they do them." "Predicting its labor market consequences requires understanding how technical change affects workers’ productivity across tasks, how workers adapt by changing occupations and acquiring new skills, and how wages adjust in general equilibrium. We introduce a dynamic task-based model in which workers accumulate multidimensional skills that shape their comparative advantage and, in turn, their occupational choices," it said. HOW ARTIFICIAL INTELLIGENCE IS TRANSFORMING HEALTHCARE "We use the quantified model to study generative AI’s impact via augmentation, automation, and a third and new channel — simplification — which… ...[TheTopNews] Read More.9 hours ago
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