Newsletter May 24, 2024

Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs

Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.

1 in 5 Americans Over 65 Return To Work After Savings Dwindle; How Much Do You Actually Need To Retire?

Most Americans fall short of retirement savings goals. Gen Z starts saving earliest (age 22), hoping to bridge the gap.

China Fines Businesses For Refusing Cash Payments In A Bid To Be More Tourist-Friendly

China's booming cashless payments are a boon for some but a hurdle for tourists. The country is scrambling to bridge the gap as tourism recovers.

Michael Schumacher 'First Interview' Made By AI, Magazine Who Printed It Asked To Pay €200,000

Schumacher's family was awarded €200k after a fabricated AI interview in 2023 was released.

Is Driving Uber, Lyft and DoorDash Worth It: Many Earn Lower Than Minimum In 5 Major US Metros

Gig drivers across America are not being paid their local minimum wage as their status as a contractor does not entitle them to employer benefits.

Woman Shares Struggle of Job Hunting While Pregnant and How Companies See Motherhood as a Risk

Kate Winnick applied for numerous jobs whilst being pregnant but found she was not invited back for final interviews when she disclosed her situation.