Government focuses on improving AI security | Computer Weekly
The government is providing guidance to AI developers to enhance cybersecurity in AI models, aiming to establish a global standard for protection and boost economic growth. [ more ]
Biden Courts Caregivers, Pledging to Expand Support if He Is Re-elected
President Biden promises to prioritize child care subsidies, early education, and paid medical leave in his potential second term.
The push for 12 weeks of paid family or medical leave, investments in preschool, and child tax credit extensions aim to support working families and the economy. [ more ]
Sadiq Khan says government 'gaslighting' British public with GDP growth figures
Londoners' experiences don't align with the touted economic growth; gaslighting claim made by Mayor Khan against Government.
The Mayor emphasizes that Londoners are struggling with rising costs despite the reported economic growth, advocating various policies to support them. [ more ]
China's population is declining, with projections indicating a decrease to around 770 million by 2100, leading to concerns about economic growth and aged care. However, this decline could present opportunities for a stable and prosperous future. [ more ]
Rachel Reeves: Treasury will hardwire' growth into tax and spending decisions
Labour government plans to prioritize economic growth by integrating enterprise and growth unit with tax and spending divisions at the Treasury.
Rachel Reeves aims to reform and strengthen the Treasury to enhance its focus on economic growth and make it more pivotal to decision-making processes. [ more ]
Russia arms deal revives North Korea's struggling economy DW 02/01/2024
North Korea is expected to return to economic growth for the first time since before the pandemic due to weapons transfers to Russia boosting state coffers.
The secret deal between Kim Jong Un and Vladimir Putin is likely to further boost North Korea's tiny, centrally planned economy. [ more ]
Employment data is crucial for assessing the health of the economy; the April 2024 US data fell short of expectations, signaling potential job creation and economic growth slowdowns. [ more ]
To Fight Inequality, America Needs to Rethink Its Economic Model
The revival of industrial policy challenges the belief in free markets for economic growth, signaling a need for state intervention for innovation and sectoral protection. [ more ]
How to realize the potential of rising global digital jobs
218 job types out of 5,400 conducive to global digital jobs; expected to rise to 92 million by 2030 with higher pay; a global digital framework could address barriers. [ more ]
France rides AI wave to secure 15B in foreign investment
France secured a record â¬15bn in foreign investment from companies like Microsoft and Amazon at the Choose France summit, highlighting the country's economic allure. [ more ]
Gold may continue to gain even as strong data continues to flow for the US economy
Gold remains stable near $2,357 despite strong data, uncertain market expectations, and anticipation of US inflation data impact on monetary policy. [ more ]
Benin Republic turns to culture to spur economic growth
The Republic of Benin is leveraging culture to drive economic growth through the construction of new museums and investment in arts education. [ more ]
Black Families Could Face More Hurdles to Homeownership Under New Fed Bank Proposal
Homeownership rates in New York state vary significantly by county, with lower rates in areas such as Queens, Brooklyn, Manhattan, and the Bronx. [ more ]
Higher interest rates make government debt unviable as an economic solution | Kenneth Rogoff
Debates around debt financing for government spending have shifted due to high inflation and rising borrowing costs, urging advanced economies to rebuild fiscal buffers for debt sustainability. [ more ]
Los rezagados economicos de Europa ahora lideran su crecimiento
Southern European nations are now growing faster than traditional economic powerhouses like Germany, reshaping the economic dynamics of the Eurozone. [ more ]
California's population grows for the first time since the COVID-19 pandemic
California's population grew by over 67,000 in 2023 after the first increase since 2020, attributed to factors like rebounded immigration and natural population increase. [ more ]
Consumer spending remains strong, offsetting weaknesses in other sectors, with a slowdown in economic growth coinciding with the Federal Reserve's battle against inflation. [ more ]
The final goal: Willets Point plan for new NYCFC soccer stadium and hundreds of affordable apartments gets City Council approval | amNewYork
Willets Point in Queens is approved for a massive redevelopment including a new soccer stadium and 2,500 affordable housing units, bringing economic growth and job opportunities. [ more ]
Everything you need to know about the latest proposal in 'City of Yes'
The 'City of Yes' plan aims to modernize zoning regulations to boost economic growth and help local businesses expand.
The proposal includes 18 initiatives to update citywide zoning rules, such as filling vacant storefronts and enabling businesses to grow in new areas. [ more ]
Nation's largest Black-owned bank plans to move headquarters to Roxbury
The nation's largest Black-owned bank is moving its headquarters to Roxbury to be closer to customers and serve as a beacon for the Black community. [ more ]
Oakland International Airport will include San Francisco Bay in name - legal war looms
Combining Oakland Airport with San Francisco Bay aims to boost the local economy and raise Oakland's profile despite facing potential legal challenges. [ more ]
San Jose State University student housing tower gets official name
San Jose State University is transforming a one-time hotel tower into student housing to help spur economic growth in downtown San Jose.
The Spartan Village on the Paseo will feature amenities such as a sky bridge lounge, study sections, fitness room, gaming lounge, film and video screening center, and a cafe. [ more ]
New money into VCTs falls 18% though remains third highest on record
New money invested in VCTs reached £882 million, the third highest amount recorded, despite a decrease from the previous year.
VCTs are attractive due to tax efficiency, support for young businesses, and the current economic climate encouraging investment in alternative options. [ more ]
U.S. Debt Races Toward Record This Decade, C.B.O. Warns
The federal debt is projected to reach record levels by 2029 and continue rising over the next three decades. Rising debt poses risks to economic growth due to increased interest payments and heightened spending on social safety net programs. [ more ]
Job, wage, and business growth remain strong, while inflation has decreased. However, consumer sentiment is still negative due to rising prices like car insurance. [ more ]
Centre working on draft AI regulation framework: Three things the government is focussing on | - Times of India
India aims to unveil AI regulatory framework by mid-year with a focus on global participation and accountability for harm caused or enabled by platforms.
The government's three focus points for AI regulation include harnessing AI for economic growth, addressing potential risks and harms, and building strong talent in India for global competitiveness. [ more ]
Record long-term sickness bodes ill for UK economic growth
The UK's economy is struggling due to a growing number of people on long-term sickness, impacting workforce and economic growth.
Factors such as long Covid, NHS delays, poor workplace practices, stress, and austerity are contributing to the worsening trend of long-term illnesses in the UK. [ more ]