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Y’all Street is booming: What financial giants like Morgan Stanley and Goldman Sachs are building in Texas
Bank of America is moving to a new tower in Dallas: Bank of America Tower at Parkside. Employees are expected to move into the tower in the third quarter of 2027, according to a spokesperson. Around 1,000 employees are expected to work in the building, which hopes to become “Dallas’ most coveted…
Sam Altman says he’s worried about AI being controlled by a few powerful players
OpenAI CEO Sam Altman says he worries that AI will one day be controlled by a handful of companies, models, or people, leaving the vast majority of consumers without a say in how the technology shapes the world. “The right approach is to say we want people deeply in control of the future,” Altman…
Dozens of retail chains you once loved that don’t exist anymore
Retail is a tough business. One day, your favorite brand can be riding high and enjoying strong sales from loyal customers, while the next it’s fighting for survival and fending off creditors. Emerging trends, changing shopping patterns, and new e-commerce players are increasingly reshuffling the…
Nike is offering $4,000 in rent money to winners of an NYC race. In Manhattan, that might not be enough.
It might be possible to outrun your next rent payment — if you live with roommates. Nike is offering a unique — and highly relevant — prize to two winners of a street race in New York City on August 29: “1 month of free rent.” “Step to the starting line on Orchard Street for
Hugging Face has been fielding M&A interest for a deal worth at least $13 billion
The AI industry’s next blockbuster acquisition may not be another model maker. Hugging Face, whose platform helps developers discover, share, and build AI models, has been exploring a sale that could value the company at $13 billion or more. The startup has been working with a bank to gauge…
Steve Hanke has ‘no problem’ with his students using AI to cheat — as he’s an ‘old fox’ who easily sniffs them out
It’s simpler than ever for students to cheat on their homework using ChatGPT or another AI chatbot. But one professor says he has no trouble sniffing out machine-written work. “I have absolutely no problem with AI and students,” Steve Hanke, who’s been teaching at Johns Hopkins University for…
I spent 3 years looking for a car my grandfather would approve of after he left me money
This as-told-to essay is based on a conversation with Chris Astrella, a recent car buyer in Las Vegas, Nevada. It has been edited for length and clarity. When my grandfather died, he left money for all of his grandchildren. I knew I would eventually need a new vehicle, so I put $25,000 of what he
Texas Gov. Greg Abbott says data centers deserve the backlash they’re getting: ‘They basically dug their own grave’
The AI industry is reaping what it sows, as far as Texas Gov. Greg Abbott is concerned. Abbott said the sharp criticism Americans are lobbing at AI data centers is well-earned during an interview on ABC’s “This Week” on Sunday. “They basically dug their own grave for the problem that’s been caused…
New student-loan repayment glitches are throwing borrowers’ budgets into limbo
On August 1, Daniela Perez received three separate emails from her student-loan servicer, MOHELA. The first read “Your payment is due soon.” Then “Account is over 210 days delinquent.” Finally: “Loan default is approaching.” She immediately logged in to her account, which said she had missed 15…
I’m 70 and raising my 7-year-old grandson. I have faith everything will work out, but I may never retire.
This as-told-to essay is based on a conversation with Ruth Olinger, 70, who is raising her grandson on her own in Lakeland, Florida. Olinger had earlier fostered dozens of children and did mission work. Now, Olinger said she can’t retire and paid over $10,000 for her son’s day care. This interview…