How will Trump approach AI this time? His first term provides clues

Generative artificial intelligence was not part of the lexicon for most of us during President-elect Donald Trump’s first four years in the White House. That all changed in late 2022, when the launch of ChatGPT kicked off an AI investment boom that continues to this day. Now, after Trump this week beat out Vice President … Read more

Black business leaders ponder how to approach a Trump administration

Black business leaders are still trying to figure out why Vice President Kamala Harris lost the presidential race and how to approach the incoming administration of President-elect Donald Trump. “This certainly means change. This is what the voters wanted and this is what they thought President Trump stands for,” said Charles Phillips, co-chair of the … Read more

How tech titans like Elon Musk will push Donald Trump on AI

In 2020, when Joe Biden won the White House, generative artificial intelligence still seemed like a toy, not a world-changing new technology. The first major AI image generator, DALL-E, wouldn’t come out until January 2021 – and it certainly wouldn’t put any artists out of business, as it still had problems generating basic images. The … Read more

PINS, MNST, BBWI, DJT and more

Check out the companies making headlines before the bell. Trump Media & Technology Group — Shares of President-elect Donald Trump’s media company fell another 4.6% in premarket trading after a 23% drop in the previous session. The stock, which trades under Trump’s initials DJT, has given up Wednesday’s rally sparked by Trump’s election victory. It … Read more

What Trump’s win could mean for student loan forgiveness

The US Department of Education’s work to cancel student debt for tens of millions of Americans is likely to come to a halt with the election of Donald Trump, who has called the effort “disgraceful” and “not even legal.” When Trump re-enters the White House in January, he will likely direct his administration officials to … Read more

Fed rate decision November 2024:

The Federal Reserve approved its second straight interest rate cut on Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy. Following September’s big half-percentage point cut, the Federal Open Market Committee cut its benchmark overnight lending rate by a quarter of a percentage point, or 25 basis … Read more

How Elon Musk’s $130 million investment in Trump’s victory could reap a big payoff for Tesla and the rest of his business empire

Donald Trump’s speech to the country on election night confirmed that one of the biggest winners of the evening, besides himself, was Elon Musk. Trump spent much of his scattered victory speech thanking Musk, who has recently poured more than $130 million and a lot of time and tweets into the conservative political cause. In … Read more

RFK Jr. says Trump will remove fluoride from drinking water. Here’s what you need to know

Fluoridated drinking water has been rated as one of the top 10 public health achievements of the 20th century by the Centers for Disease Control and Prevention (CDC). It is now being called by Robert F. Kennedy, Jr. — perhaps on track to become the head of health initiatives for the next presidential administration — … Read more

A divided US government is historically better for stocks

Former President Donald Trump has won the 2024 election, entering office on a wave of support for Republican candidates. NBC News reports that the previously Democratic-controlled Senate will have a Republican majority. It’s too early to tell which party will win the majority in the House of Representatives, but if Republicans retain control, the party … Read more