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An MIT roboticist who cofounded bankrupt Roomba maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’

While investors are busy pouring billions of dollars into humanoid robots, an MIT roboticist who has been making robots for three decades claims they are wasting their money.The sensation of touch is one of the most complex systems in the human body. The human hand contains 17,000 low-threshold mechanoreceptors for picking up light touches, which become denser toward the end…

Unemployment hits 4-year high as frozen jobs data shows recession risks getting ‘uncomfortably high,’ top economist Mark Zandi says

The U.S. job market hasn’t collapsed, but is no longer overheating, snapping back, or even cooling in a conventional sense. It’s simply stuck.Economists say that kind of stall is more dangerous than it looks.“There’s just no forward motion,” Moody’s Analytics chief economist Mark Zandi told Fortune. Job gains bounce slightly from month to month, but net hiring has gone essentially…

Government belatedly reveals loss of 105,000 jobs in October as full DOGE cutbacks come into view

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports.The unemployment rate rose to 4.6%, highest since 2021.Both the October and November job creation numbers, released Tuesday by the Labor Department, came in late because of the 43-day federal…

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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge

The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…

India Revs Up EV Industry: New Policy to Attract Investment

Buckle up, India! The Indian government has shifted into high gear with…

UBS Recommends European Stocks Over US: A Shift in Investment Strategy

In a surprising shift, investment banking giant UBS urges investors to focus…

US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends

It's a pivotal week for the US stock market as earnings season…

Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry

Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…

Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies

The Indian stock market has witnessed a period of turbulence, with the…

Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans

Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…

AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development

Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…

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