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Japan’s benchmark stock index, the Nikkei 225, hit a record after the leading conservative party elected Sanae Takaichi as its new leader. Nicknamed the ‘Iron Lady’ after she cited former British Prime Minister Margaret Thatcher as her hero, Takaichi has called for strengthening Japan’s military, and taking a tougher stance against China and North Korea. She also opposes same-sex marriage and retains ties to nationalist groups. "It’s the Trump effect going global […]

A new Senate report warns that artificial intelligence could displace nearly 100 million U.S. jobs within the next decade, spurring Democrats to push for a "robot tax" on companies that replace human workers with tech.The analysis produced by Democratic staffers on the Senate Health, Education, Labor and Pensions (HELP) Committee was driven by Sen. Bernie Sanders (I-Vt). Partly informed by responses from ChatGPT, 20 major workforce sectors were examined. It was […]

A leading economist is warning that job creation in the U.S. economy is slowing to a crawl as the ongoing government shutdown precluded the release of the September jobs report last week.Moody's Analytics chief economist Mark Zandi wrote Sunday in a post on X noting that the shutdown forestalled the release of the September jobs report from the Bureau of Labor Statistics (BLS) as scheduled on Friday, which caused data watchers to […]

Markets are just starting to grapple with U.S.-based semiconductor giant Advanced Micro Devices' potentially industry-shaking partnership with OpenAI — and both companies' leaders are making the rounds as the future of artificial intelligence takes shape. AMD CEO Lisa Su and OpenAI President Greg Brockman joined "The Claman Countdown" Monday to discuss the massive partnership in detail. As part of the agreement, AMD will use its graphics processing units (GPUs) to power […]