AI has begun shifting American workers away from occupations most vulnerable to automation, but its overall effect on U.S. employment and wages still remains “muted,”
Elon Musk, the world’s richest man, has become the first trillionaire on the planet after his shares in SpaceX jumped in its blockbuster Wall Street debut on June 12.
Elon Musk’s SpaceX began trading on June 12 at 10 a.m. under the SPCX ticker on the Nasdaq in what is the largest initial public offering (IPO) in history.
Alphabet, Google’s parent company, said on June 2 that it will raise $80 billion through stock sales to fund its artificial intelligence (AI) spending.
Kevin Warsh will officially become the new head of the Federal Reserve. The Senate voted 54–45 to confirm Warsh’s four-year term as the 17th Fed chair.
