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AI is plowing through the workplace. This new group wants to help people adapt and have jobs

WASHINGTON, June 25, 2026 (AP) — America has been rushing into an artificial intelligence future without much of a plan to stop what could be catastrophic job losses. Critics warn of doomsday scenarios out of a sci-fi thriller, while backers say AI will generate so much new wealth that no one should worry too much about millions of layoffs. A new bipartisan nonprofit hopes to ensure that America can realize the economic gains promised by AI without its workers suffering. RAISE US is starting with more than $500 million to deploy on new forms of education and training, putting a

Stock markets rise for 2nd day, aided by falling oil prices, positive global trends

Mumbai, Jun 25 (PTI) Benchmark stock indices Sensex and Nifty advanced on Thursday as softening crude oil prices and a rally in global markets boosted investor sentiment. Rising for the second consecutive day, the 30-share BSE Sensex settled 109.25 points, or 0.14 per cent, higher at 77,100.47 even as 19 of its constituents declined and 11 advanced. The index opened higher and surged further 811.96 points, or 1 per cent, to hit the day’s high of 77,803.18. However, profit-taking in IT and metal shares erased gains in the second half. The 50-share NSE Nifty rose by 34.35 points, or 0.14

Rupee rises 16 paise to settle at 94.39 against US dollar

Mumbai, Jun 25 (PTI) The rupee appreciated 16 paise to settle at 94.39 (provisional) against the US dollar on Thursday as global crude oil prices continued to slide. Positive sentiments in the domestic equity markets and a marginally weaker greenback further supported the local unit while FII outflows prevented sharper gains, forex traders said. At the interbank foreign exchange, the rupee opened at 94.30 against the dollar and traded in the range of 94.13-94.56. It settled at 94.39 (provisional), up 16 paise from the previous close. The rupee appreciated 21 paise to settle at 94.55 against the US dollar on

Amazon to invest additional $13 billion in India cloud, AI

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June 25 (Reuters) – Amazon said on Thursday it will ​invest an additional $13 billion by 2030 in ‌India to expand its AI and cloud infrastructure. The new investment is in addition to its planned $35 billion funding announced last year, ​taking the e-commerce firm’s investment in ​the country to $48 billion through 2030. The announcement ⁠follows a meeting between Amazon CEO ​Andy Jassy and Indian Prime Minister Narendra ​Modi on Thursday in New Delhi. “Shared that we’re investing $48 billion over the coming five years, including $21+ billion in AI and ​cloud infrastructure,” Jassy said in a ​post on

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