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☆ Every country needs its own AI systems, says Nvidia CEO Jensen Huang
▼ + stars: | 2024-02-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang says countries should own their own AI systems. Huang said nations should ensure they control both the production of AI and the data produced. AdvertisementNvidia CEO Jensen Huang says every country should have its own AI systems. The Nvidia founder told the World Governments Summit in Dubai this week that countries needed to work toward building "sovereign AI." Huang said countries should ensure they own the production of their intelligence and the data produced.

Persons: Jensen Huang, Huang, —, Omar Al Olama Organizations: Nvidia, Service, World Governments, Business Locations: Dubai

☆ OECD publishes treaty that would replace national digital taxes
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +3 min

Ian Langsdon/Pool via REUTERS/File Photo Acquire Licensing RightsPARIS, Oct 11 (Reuters) - The Organisation for Economic Cooperation and Development (OECD) published a multilateral treaty on Wednesday that would replace a hodge-podge of national digital services taxes if ratified by enough countries. If ratified, the treaty requires that countries that have, or are planning, national digital services taxes drop them. Washington is particularly sensitive to that issue as many of such taxes were put in place to target big U.S. digital companies such as Google, Amazon and Apple. To enter into force, the 30 countries home to at least 60% of the affected multinational companies have to ratify the treaty, which means that the U.S. has to be on board. OECD head of tax Manal Corwin said failure to ratify the text could lead to "grave consequences" and not only because it could trigger a proliferation in the use of digital services taxes and trade retaliation.

Persons: Antony Blinken, Mathias Cormann, Ian Langsdon, Corwin, Leigh Thomas, Mark Potter Organizations: Organization for Economic Cooperation, Development, Rights, Economic Cooperation, Apple, OECD, Thomson Locations: OECD's, Paris, France, United States, U.S, Washington

☆ FAA issues requirement for GTF engine inspections to address high pressure turbine disk issue
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +1 min

Pratt & Whitney logo is pictured on the GTF engine at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier Acquire Licensing RightsAug 18 (Reuters) - The Federal Aviation Administration will require some users of Pratt & Whitney's <RTX.> geared turbofan engine to conduct ultrasonic inspections of a key part within 30 days, the agency said in an airworthiniess directive published Friday. The new airworthiness directive codifies the regulator's response to the previously disclosed problem. RTX declined to comment on the directive. Reporting by Valerie InsinnaOur Standards: The Thomson Reuters Trust Principles.

Persons: Pratt, Whitney, Benoit Tessier, Pratt & Whitney, Valerie Insinna Organizations: International Paris Air, Le, REUTERS, Federal Aviation Administration, Pratt, Pratt &, RTX Corp, Airbus, Thomson Locations: Le Bourget, Paris, France

The Republican-led state is currently enforcing a near-total abortion ban, with exceptions for rape, incest or the life of the mother. MONTANA: Governor Greg Gianforte in May signed into law several bills limiting abortion access, including one that aims to overturn a 1999 state Supreme Court ruling that found the state constitution protected a right to abortion. TEXAS: While abortion is completely banned with very limited exceptions in Texas, Republican state representatives have introduced legislation that would compel internet providers to block websites that supply abortion pills or provide information on how to obtain an abortion. UTAH: Republican Governor Spencer Cox in March signed legislation to prohibit the licensing of abortion clinics, which abortion rights advocates say would effectively eliminate access in the state. In April, he also signed into law a bill to shield abortion providers and patients from other states' legal attacks.

Persons: Sam Wolfe, Roe, Wade, Ron DeSantis, Brad Little, Greg Gianforte, Jim Pillen, Roy Cooper's, Doug Burgum, Henry McMaster, Spencer Cox, Mark Gordon, Gretchen Whitmer, J.B, Pritzker, Tim Walz, Gabriella Borter, Sharon Bernstein, Julia Harte, Colleen Jenkins, Alistair Bell Organizations: Carolina House, REUTERS, U.S, Supreme, Republican, NORTH, Democratic, SOUTH, South Carolina Supreme Court, Senate, Minnesota, Thomson Locations: Columbia , South Carolina, U.S, FLORIDA, . IDAHO, MONTANA, . NEBRASKA, NORTH CAROLINA, North Carolina, NORTH DAKOTA, North Dakota, SOUTH CAROLINA, Carolina, TEXAS, Texas, UTAH, Utah . WYOMING, CALIFORNIA, MICHIGAN, ILLINOIS, MINNESOTA, OHIO, Washington, Sacramento , California, New York

☆ See the brands that will get hit hardest as student-loan payments come due, including Nike, Nordstrom, Gap, and Crocs
▼ + stars: | 2023-06-06 | by ( Leslie J. Allen | ) www.businessinsider.com time to read: +2 min

Student-loan repayments will soon restart after a years-long pause. Consumers are expected to cut their shopping budgets, especially on apparel, as debt repayments loom. Brands at risk of a spending slowdown include Nike, Gap, and Shopify. The retailers most at risk include Crocs, Nike, Nordstrom, Canada Goose, and Victoria's Secret, the analysts found. "We believe this indicates student loan consumers will reduce spending on apparel in a big way when they have to start paying off their student loan debt."

Persons: —, Jay Sole, Joe Biden, Kevin McCarthy, Donald Trump, Biden Organizations: Brands, Nike, Service, UBS, Nordstrom, Eagle Outfitters, Carter's, Consumers, Biden, US Locations: Canada

☆ Bernie Sanders vows to vote against Biden and McCarthy's 'totally unnecessary' debt-ceiling deal, saying that the best thing about the bill is 'it could have been much worse'
▼ + stars: | 2023-05-31 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Sen. Bernie Sanders said on Wednesday he will vote against the debt-ceiling bill. He said he cannot support legislation that harms student-loan borrowers and restricts nutritional benefits. "The best thing to be said about the current deal on the debt ceiling is that it could have been much worse," Sanders said in the statement. "President Biden and Speaker McCarthy's agreement will protect the economy and eliminate the threat of a catastrophic default. McConnell also wrote that McCarthy "and House Republicans secured a crucial first step toward bringing Washington Democrats' reckless spending to heel.

Persons: Sen, Bernie Sanders, —, Vermont Sen, Kevin McCarthy, Joe Biden's, McCarthy, Biden, Sanders, Chuck Schumer, Mitch McConnell, Schumer, McConnell Organizations: Service, Vermont, Congressional, Office, SNAP, Twitter, House Republicans, Washington Democrats

☆ Debt ceiling deal would push student loan borrowers into repayment by fall
▼ + stars: | 2023-05-30 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Anadolu Agency | Anadolu Agency | Getty ImagesDeal ends the payment pause, likely for goodThe pause on federal student loan payments is one of the few remaining Covid-related relief measures still in effect. The policy has suspended the accrual of interest on federal student debt and allowed borrowers to forgo making their payments without facing any penalties. watch nowThe White House was aiming to restart student loan payments within months anyway, Kantrowitz said, and so "the legislation does not represent a change in that regard." The Biden administration has warned that resuming student loan payments without being able to carry out its debt forgiveness plan could trigger a historic spike in defaults and delinquencies. Student loan forgiveness, other relief, not in agreement

☆ A top progressive lawmaker is 'extremely concerned' about what the debt-ceiling deal means for student-loan borrowers, saying it constrains the time Biden has to get 'debt repayment plans up and runni
▼ + stars: | 2023-05-30 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Biden and McCarthy's debt-ceiling deal codifies the end of the student-loan payment pause. She said it could constrain the time Biden might need to implement new repayment plans. Congressional Progressive Caucus Chair Pramila Jayapal said during a Tuesday press call that she's "extremely concerned" with that provision. It also allows the administration to implement another payment pause in the future if another emergency warrants it, but bars Biden from doing so again this year. It also creates a major political problem for President Biden, who has tarnished his sterling legacy as a champion for working people with student debt."

Persons: Biden, Pramila Jayapal, —, isn't, Joe Biden, Kevin McCarthy's, McCarthy, — McCarthy, Jayapal, Mike Pierce, Miguel Cardona Organizations: Service, SNAP, Congressional, Protection, Twitter, Progressives

☆ McCarthy and Biden's debt-ceiling deal could hurt student-loan borrowers and people on food stamps — and cost some Americans their jobs
▼ + stars: | 2023-05-30 | by ( Hannah Getahun | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Biden and McCarthy finally reached a deal to raise the debt ceiling on Saturday night. The deal strengthens work requirements on welfare programs and codifies the end of the student-loan payment pause. The deal also alters Supplemental Nutrition Assistance Program work requirements for those between 18-54 who do no not have children and are able to work. The financial intelligence agency added that the new work requirements for income support programs could additionally result in tens of thousands of lost jobs. Still, it's vital a bill to raise the debt ceiling gets signed into law because a default could mean a recessions — and millions more jobs lost as a result.

☆ There's no chance the student-loan payment pause will be extended again this year if McCarthy and Biden's debt-ceiling deal is signed into law
▼ + stars: | 2023-05-30 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

It codifies the end of the student-loan payment pause while protecting Biden's broad debt relief. The agreement included strengthened work requirements on federal programs like SNAP, and it also codified the end of the ongoing student-loan payment pause. "The deal also protects our ability to pause student loan payments should that be necessary in future emergencies." It would "end the student loan payment pause, which provides a vital economic stimulus to millions of students. Black women bear the highest comparative levels of student debt relief because they invest in education at a significant cost.

[1/3] U.S. President Joe Biden hosts debt limit talks with U.S. House Speaker Kevin McCarthy (R-CA) in the Oval Office at the White House in Washington, U.S., May 22, 2023. Here's what we know so far:A CAP ON DISCRETIONARY SPENDINGThe deal would suspend the $31.4 trillion debt ceiling until January of 2025, allowing the U.S. government to pay its bills. Republicans have told their members that non-defense discretionary spending would be cut to 2022 levels, apart from veterans' healthcare, which would remain fully funded. The U.S. government will spend $936 billion on non-defense discretionary spending in 2023. However, other sources say the deal codifies relief from student loan payments while Biden's executive action providing up to $20,000 of debt relief per borrower is under review by the Supreme Court.

The Republican-led state is currently enforcing a near-total abortion ban, with exceptions for rape, incest or the life of the mother. NORTH CAROLINA: House Republicans have introduced a bill to ban abortion from conception, except to preserve the life or health of the mother. The Senate tabled discussion of a near-total abortion ban on Thursday after it had been approved by the House. PROTECTIONSCALIFORNIA: A Democratic state senator has introduced a bill to protect doctors who prescribe medication abortion pills to patients in other states. ILLINOIS: Democratic Governor J.B. Pritzker in January signed a law protecting abortion providers and out-of-state patients from legal attacks waged by other states.

Here is a snapshot of pending and passed legislation seeking to restrict or protect access in 2023. KANSAS: Although Kansans voted in favor of state abortion rights on a ballot measure last year, the Republican-led state Senate has passed a prohibition on prescribing abortion pills via telemedicine. The Republican-led state is currently enforcing a total abortion ban, with exceptions for rape, incest or the life of the mother. MONTANA: The Republican-led state Senate has passed a bill seeking to overturn a 1999 state Supreme Court ruling that found that the state constitution protected a right to abortion. SOUTH CAROLINA: Despite the fact that the state Supreme Court recently struck down a six-week abortion ban in a 3-2 vote, Republicans have introduced a near-total abortion ban and a six-week ban this year.

☆ Here are 22 of the top LGBTQ news stories of 2022
▼ + stars: | 2022-12-30 | by ( Jo Yurcaba | Jo Yurcaba Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +12 min

Here are 22 of our top LGBTQ news stories of the year. Ron DeSantis signed the controversial Parental Rights in Education law — or what critics have dubbed the “Don’t Say Gay” bill — on March 28. 'It’s already having an impact': LGBTQ people fear abortion rights reversalA supporter of gay marriage waves a flag in front of the Supreme Court on June 25, 2015. Nicola Goode / Prime VideoAmazon’s “A League of Their Own” series, which debuted Aug. 12 and was inspired by the 1992 cult classic by director Penny Marshall, brought much-needed representation to the screen for lesbians and other queer women, who celebrated how “gay, gay, gay” it was. Biden signs same-sex marriage bill at White House ceremonyPresident Joe Biden signs the Respect for Marriage Act on the South Lawn of the White House on Dec. 13.

WASHINGTON — It was a busy year for Congress, which passed a slew of consequential bills, most of which enjoyed support from both parties. As two years of full Democratic control come to an end, here are five of the most significant bills passed in 2022. The Electoral Count Reform Act will revise the 1887 Electoral Count Act to make clear the vice president cannot discount electoral votes. It’ll raise the threshold for objections from one member of each the House and Senate to one-fifth of both chambers. The legislation came about after the new 6-3 conservative majority on the Supreme Court voted last summer to overturn Roe v. Wade, prompting critics to fear that it could do the same to same-sex marriage rights.

☆ Americans need to save more for retirement, and they are about to get extra help
▼ + stars: | 2022-12-21 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The huge omnibus spending bill that was unveiled Tuesday contains an important series of provisions to help Americans save more. Congress built on that suggestion: the Pension Protection Act of 2006 encouraged employers to adopt automatic enrollment plans. The Secure 2.0 bill further codifies that practice into law. Americans don't save enough for retirement Remember the old "three legged stool" for retirement: personal savings, a pension and Social Security. Thank you, Richard Thaler Thaler won the Nobel Memorial Prize in Economic Sciences in 2017 for his contributions to understanding human behavior.

The number of same-sex couple households in the United States has surpassed 1 million for the first time, according to recently released government data. There were more than 1.2 million same-sex couple households across the country in 2021, up from 540,000 in 2008, an increase of 120%, the data, taken from the Census Bureau's annual American Community Survey, showed. Approximately 710,000 (59.2%) of the same-sex couple households were married, and about 500,000 (41.7%) were unmarried. The number of married same-sex households started to outnumber unmarried same-sex households in 2016, following the Supreme Court’s landmark 2015 Obergefell vs. Hodges ruling, which effectively legalized gay marriage across the U.S. Hawaii has the highest percentage of same-sex couple households of any state, at 1.4%, followed by Oregon and Delaware, both at 1.3%, the Census Bureau data reveals.

At face value, this act seems like a step forward by codifying federal same-sex and interracial marriage rights. At best, it is a preemptive Band-Aid should the Supreme Court try to overturn Obergefell v. Hodges, which cited the Fourteenth Amendment to legalize same-sex marriage. But in no way does this act federally legalize “marriage equality” across the United States. The protections to religious liberty were late additions to the bill, in order to secure the support of Senate Republicans like Utah’s Mitt Romney. Of course, the irony in this situation is that federal marriage equality isn’t even guaranteed under the Respect for Marriage Act.

☆ Senate same-sex marriage bill says people with 'diverse beliefs about the role of gender in marriage' are 'due proper respect'
▼ + stars: | 2022-11-14 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

A bipartisan group of senators released the text of their amendment to a bill that codifies same-sex marriage. "Diverse beliefs about the role of gender in marriage are held by reasonable and sincere people based on decent and honorable religious or philosophical premises. A Gallup poll from June 2021 found that 71% of Americans — including 55% of Republicans — support same-sex marriage. A handful of Republican senators stated their support for the bill following House passage, though some balked at the necessity of the legislation. If the amended bill passes the Senate, the House will have to vote on the measure again before January.

New York CNN Business —Attorney General Merrick Garland announced Wednesday that the Justice Department formally introduced regulations barring department employees from secretly seeking journalists’ records except in limited circumstances. Within CNN, the Trump administration secretly sought and obtained the 2017 phone and email records of Pentagon Correspondent Barbara Starr. The Biden Justice Department informed Starr last May that prosecutors had obtained her records covering two months between June 1, 2017 and July 30, 2017. Under previous DOJ regulations, investigators could secretly obtain journalists’ records through a court order without the journalists’ knowledge. After news organizations first reported the records seizures in the summer 2021, President Joe Biden vowed to end the practice.

☆ Congress should codify Roe once and for all, says Joe Biden
▼ + stars: | 2022-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCongress should codify Roe once and for all, says Joe BidenPresident Joe Biden delivers remarks signifying his intent to send a bill to Congress that codifies Roe v. Wade in the next year.

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). If you refinance federal student loans, you will be ineligible for COVID-related forbearance. Insider's Featured Student Loan Refinance Companies SoFi Student Loan RefinancingSplash Financial Student Loan RefinancingEarnest Student Loan Refinancing Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Show more Variable: 5.99% - 9.99%, Fixed: 4.99% - 9.99% Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 4.99% - 10.89% with AutoPay, Fixed: 4.96% - 10.99% with AutoPay Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Actual rate and available repayment terms will vary based on your income. You can only refinance federal student loans with a private lender, as the government has no refinancing program.

Persons: —, codifies, Biden’s, Autopay, Biden, You'll Organizations: Service, Loan, US Department of Education, SoFi, AutoPay, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York, Nevada, forbearance

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