WASHINGTON (AP) — The Environmental Protection Agency last week proposed repealing rules that limit greenhouse gas emissions from power plants fueled by coal and natural gas, an action that Administrator Lee Zeldin said would remove billions of dollars in costs for industry and help “unleash” American energy. The EPA also proposed changing a regulation that [...]
WASHINGTON (AP) — Wholesale prices rose modestly last month from a year earlier. Economists say it’s another sign that inflationary pressures remain mild. The Labor Department last week reported that its producer price index — which measures inflation before it reaches consumers — rose 2.6 percent in May. Producer prices rose 0.1 percent from April [...]
NEW YORK (AP) — Disney and Universal last week filed a copyright lawsuit against artificial intelligence image-generator Midjourney, marking the first time major Hollywood companies have entered the legal battle over generative AI. Filed in federal district court in Los Angeles, the complaint claims Midjourney pirated the libraries of the two Hollywood studios to generate [...]
CAMBRIDGE, Mass. (AP) — Everything ever said on the internet was just the start of teaching artificial intelligence about humanity. Tech companies now are tapping into an older repository of knowledge: the library stacks. Nearly 1 million books published as early as the 15th century — and in 254 languages — are part of a [...]
WASHINGTON (AP) — A senior adviser to Kamala Harris’ 2024 presidential campaign is joining Coinbase’s global advisory council, which already includes several former U.S. senators and Donald Trump’s ex-campaign manager, as the cryptocurrency exchange broadens its political reach. David Plouffe, a top Democratic strategist best known as an architect of Barack Obama’s successful 2008 presidential [...]
GANZHOU, China (AP) — China’s dominance over critical minerals in global supply chains was a powerful bargaining chip in trade talks between Beijing and Washington that concluded with both sides saying they have a framework to pursue a deal. China has spent decades building the world’s main industrial chain for mining and processing such materials, [...]
WASHINGTON (AP) — Filings for jobless benefits were unchanged, remaining at the higher end of recent ranges as uncertainty over the impact of trade policy changes lingers. New applications for jobless benefits numbered 248,000 for the week ending June 7, the Labor Department said. Analysts had forecast 244,000 new applications. A week ago, there were [...]
WASHINGTON (AP) — President Donald Trump earlier this week announced that the United States will get magnets and rare earth minerals from China under a new trade framework and that tariffs on Chinese goods will total 55 percent. In return, Trump said, the U.S. will provide China “what was agreed to,” including allowing Chinese students [...]
General Motors has announced plans to invest $4 billion to shift some production from Mexico to American manufacturing plants as the automaker navigates new tariffs that could result in higher prices. President Donald Trump signed executive orders in April, relaxing some of his 25 percent tariffs on automobiles and auto parts, a reversal as the [...]