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Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble

Spencer Platt/Getty Images Bank of America says the ongoing "anything but bonds" bull market has led to a very top-heavy stock market. The firm is watching real 10-year yields and credit spreads for signals of when that AI-led rally could end. BofA says higher yields and tighter spreads could sound recession alarms and spur a stock sell-off. Bank...

Fri Apr 26, 2024 21:02
Meet Rob Walton, the Walmart heir worth $79.8 billion who's retiring from the company's board after more than 40 years

Rob Walton is retiring from Walmart's board of directors.Danny Johnston/AP Rob Walton, the eldest of Walmart founder Sam Walton's children, is retiring after more than 40 years on the company's board. With a net worth of $79.8 billion, he's among the 20 richest people in the world. Here's a look at the billionaire Walmart heir's life and career....

Fri Apr 26, 2024 21:02
Trump mocks Bill Barr while thanking him for his endorsement, calling him 'gutless' and 'lazy'

Former US President Donald Trump and former US attorney general Bill Barr.REUTERSDonald Trump mocked Bill Barr while thanking him for his endorsement in the 2024 election.The former US attorney general has grown critical of Trump but pledged to vote Republican in November.Trump said he would withdraw a previous insult calling Barr "lethargic."Former...

Fri Apr 26, 2024 21:02
The mysterious life of Melania Trump, a former supermodel who is the subject of fashion scandals and bizarre conspiracy theories

Michelle Obama and Melania Trump at President Donald Trump's Inauguration.Saul Loeb/Pool Photo via AP Melania Trump broke from first lady tradition in many ways.  As a former lingerie model and an immigrant, she's very different from most modern first ladies.  While Trump has the support of many loyal fans, her time as first lady was filled with...

Fri Apr 26, 2024 21:02
3 red flags to look out for at a Korean barbecue restaurant, according to a top Korean chef

Chef Samuel Kim shared tips on how to find the most authentic Korean barbecue experience.Courtesy of BaekjeongChef Samuel Kim shared red flags to look for when trying a new Korean barbecue restaurant. While all-you-can-eat is usually a great price, Kim said it likely won't deliver on quality.He also recommends skipping restaurants where the meat isn't...

Fri Apr 26, 2024 21:02
A Catholic 'priest' has been defrocked for being AI

An AI chatbot from a Catholic group hallucinated it was a priest. (This is another chatbot priest — not "Father Justin" himself.)Iuliia Morozova/Getty ImagesA Catholic advocacy group created an AI chatbot that claimed to be a priest and offered to take confession.After Futurism reached out to the group, they demoted "Father Justin" to just a guy."We...

Fri Apr 26, 2024 21:02

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