Musk said that because AI and robotics could lead to a significant increase in output, it would likely lead to deflation – which is the opposite of inflation and results in a decrease in the price level.
American shoppers turned to artificial intelligence in unprecedented numbers this Black Friday, helping push online spending to a record $11.8 billion.
The IRS has released provisions from the One Big Beautiful Bill Act (OBBBA) for workers who can claim deductions for the 2025 tax year in regards to President Trump's "no tax on tips" and "no tax on overtime" rule.
A number of international carriers canceled flights to and from Venezuela Saturday after a warning from the Federal Aviation Administration (FAA) of a "potentially hazardous situation" in the region.