S&P 500 Jobs Shrink by 400,000 as AI Boom Hits Record High

- Major U.S. firms shift investment to artificial intelligence, driving historic workforce cuts - Entry-level developer and white-collar openings fall sharply as AI adoption accelerates The AI boom has triggered the first annual drop in S&P 500 employment since 2016, as leading U.S. companies c

AI Crypto Fraud Drains $300K from New York Senior; $5M Network Exposed

- IRS traces $5 million AI-powered crypto fraud ring exploiting elderly victims - FBI says AI crypto scams drove $900 million of $11 billion U.S. fraud losses in 2025 On April 28, 2026, CBS News reported that 73-year-old Kyle Holder of New York lost her $300,000 retirement savings to an AI-enab