IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images After vowing in September to “substantially” reduce audits on a low-income tax credit, the IRS confirmed it’s taking steps to address the inequity. “We’ve announced […]
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After ChatGPT’s viral success, OpenAI is now getting into video
A stylish woman walks down a Tokyo street filled with warm glowing neon and animated city signage as part of a video generated by OpenAI’s Sora AI model. OpenAI OpenAI, which burst into the mainstream last year thanks to the popularity of ChatGPT, is bringing its artificial intelligence technology to […]
How to avoid the top scam of 2023: The internet has ‘really supercharged’ it, expert says
Vasily Pindyurin | fStop | Getty Images Consumers lost a record $10 billion to fraud in 2023, and imposter scams were the most prevalent swindle, according to the Federal Trade Commission. Nearly 854,000 people filed complaints to the FTC about imposter scams in 2023. This represents 33% of the total […]
Ford CEO tells Wall Street to forget Tesla, says ‘Pro’ business is the future of the auto industry
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT – Ford Motor CEO […]
Nvidia holdings disclosure pumps up shares of small AI companies
Nvidia CEO Jensen Huang speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Investors have become so enamored with Nvidia’s artificial intelligence story that they want a piece of anything the chipmaker touches. […]
Biden student loan forgiveness plan: Administration reveals who may qualify
President Joe Biden speaks about his economic plan at the Flex LTD manufacturing plant on July 6, 2023 in West Columbia, South Carolina. Sean Rayford | Getty Images The Biden administration has released its proposal for which struggling borrowers should qualify for its new student loan forgiveness plan. The Supreme […]
Wells Fargo says regulator has lifted a key penalty tied to its 2016 fake accounts scandal
NEW YORK, NEW YORK – MAY 17: President and CEO of Wells Fargo Charlie Scharf attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022 in New York City. (Photo by Steven Ferdman/Getty Images) Steven Ferdman | Getty Images Entertainment | Getty […]
Younger generations have gained more wealth than other age groups since 2019, study says
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to […]
Trump prosecutors’ romantic relationship began years before Georgia election case, witness testifies
Fulton County District Attorney Fani Willis speaks at a press conference next to prosecutor Nathan Wade after a grand jury brought back indictments against former president Donald Trump and his allies in their attempt to overturn the state’s 2020 election results, in Atlanta on Aug. 14, 2023. Elijah Nouvelage | […]
Biden administration reveals who may qualify for its new student loan forgiveness plan
President Joe Biden highlights a new manufacturing partnership between Enphase Energy and Flex LTD in West Columbia SC, on July 06, 2023. Peter Zay | Anadolu Agency | Getty Images The Biden administration has released its proposal for which struggling borrowers should qualify for its new student loan forgiveness plan. […]