Americans wanting jobs but outside labor force rises to 6.2 million in May

The looming shortfalls in Social Security and Medicare could lead to reduced benefits, prompting urgent policy reforms and financial planning shifts. The post Social Security and Medicare trustees reports paint a grim picture for millions of Americans appeared first on Crypto Briefing.

According to the latest Pew Research poll, 49 percent of Americans report using chatbots at least occasionally, but 63 percent think the tech is advancing too quickly. Overall, use of AI chatbots has increased dramatically since 2024, when only 33 percent reported using them. Specifically, ChatGPT's usage has doubled since 2023, with 44 percent of respondents saying they've used it. But opinions remain negative, with only 16 percent saying that AI will have a positive impact on society. Interestingly, it's the younger generations who both report using AI more and who are inclined to have a more pessimistic view. 66 percent of Americans betw … Read the full story at The Verge.

Although Wall Street loves AI, every day Americans are significantly less optimistic about the industry, a new report from Pew Research shows.

Rising home prices amid steady sales highlight persistent supply constraints, impacting affordability and boosting homeowner equity gains. The post US median home price rises to $395,000 in May as sales hold steady appeared first on Crypto Briefing.

Rising import prices signal persistent inflation, complicating monetary policy and impacting sectors reliant on fuel and tech imports. The post US import prices surge 1.9% in May as fuel, tech, and airfare costs climb appeared first on Crypto Briefing.

The sharp decline in US housing starts signals potential economic slowdown, impacting construction jobs and housing affordability amid rising costs. The post US housing starts collapse to lowest level since COVID in May appeared first on Crypto Briefing.

Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The proposal follows FBI-cited losses of more than $333 million, with older Americans accounting for most known-age financial losses. Bipartisan Bill Would Set Crypto ATM Limits […]

May recorded 13 sales, raising $41M, making it the weakest month since 2020, but June could be worse, with $2M raised from four sales so far.