US employers announced 97,000 job cuts in May — and AI was blamed for 40% of them

U.S.-based companies announced more than 97,000 planned job cuts in May, marking the highest level for the month since the pandemic-era layoffs of 2020, according to Challenger, Gray & Christmas (1).

STRC: It's Yielding 14%+ For A Reason

Strategy Inc.’s 9% Series A Perpetual Stretch Preferred (STRC) offers a 14.3% forward yield after a recent dividend hike and ...

A New Book Explores Community, Culture, And Weather Risk

A new book explores how culture, geography, perception, experience, and trust shape responses to weather risks.

AI is part of this, but not the whole story: US employers announced 97,000 job cuts in May — and AI was blamed for 40% of them

AI-linked layoffs are surging, but the technology isn’t at the root of all recent job losses.

AbbVie Receives Positive CHMP Opinion for Upadacitinib (RINVOQ®) for the Treatment of Adults and Adolescents with Non-segmental Vitiligo

If approved, upadacitinib is expected to be the first systemic medication for patients with non-segmental vitiligo, addressing important treatment needs ...
Biometric Update

US child safety bill advances as lawmakers debate age assurance, AI rules

US House approved a child online safety package including KOSA as Senate lawmakers debate stronger platform duties and AI rules.