Jobless Claims Continue To Show No Signs Of Labor Market Stress

Ahead Of Trump-Xi Summit, Beijing Tells Chinese Firms To Ignore U.S. Sanctions On "Teapot" Refineries President Donald Trump is set to travel to Beijing in mid-May for a summit with Chinese President Xi Jinping, the first U.S. presidential visit to China in eight years, and a meeting already delayed once by the Iran war. The pair will obviously discuss the U.S.-Iran conflict and the resulting energy shock, which has hit Asia fastest and hardest. There is no shortage of issues for the two leaders to discuss, including Taiwan, trade, AI chip...

"Heavy Casualties" After Massive Twin Quakes Rock Venezuela, Topple Buildings; "International Response May Be Needed" Twin earthquakes rocked Venezuela on Wednesday evening, collapsing entire apartment buildings across Caracas and leaving behind scenes of widespread devastation. The USGS said the first quake registered a magnitude of 7.1, with an epicenter near Morón, about 104 miles west of Caracas, at a depth of 8 miles. One minute later, a similarly massive magnitude 7.5 quake struck nearby, roughly 10 miles southwest of Morón, at a depth of 6 miles. Remarkably, the dual quake was...

AI Hallucinations Are Exploding In U.S. Courts, New Study Finds A new analysis from Laine AI suggests that AI-related errors in U.S. court filings are no longer isolated incidents but a rapidly expanding trend. Drawing on hundreds of confirmed cases, the study finds that courts are seeing a growing number of filings containing fabricated citations, inaccurate legal authorities, and other AI-generated mistakes as lawyers and self-represented litigants increasingly incorporate generative AI into their work. The increase has been dramatic. According to the report, documented AI-related filing errors climbed from just 25 cases...