- Business Insider
Billionaire investor Howard Marks says AI's impact doesn't make it immune to a crash
"Every bubble starts from widespread conviction," Howard Marks told CNBC, saying that its hard to determine the winners of the AI wave.
- Associated Press Finance
New California rule aims to limit health care cost increases to 3% annually
Doctors, hospitals and health insurance companies in California will be limited to annual price increases of 3% starting in 2029 under a new rule state regulators approved Wednesday in the latest attempt to corral the ever-increasing costs of medical care in the United States. The money Californians spent on health care went up about 5.4% each year for the past two decades. Democrats who control California's government say that's too much, especially since most people's income increased just 3% each year over that same time period.
- Associated Press
Arizona grand jury indicts 11 Republicans who falsely declared Trump won the state in 2020
Eleven Republicans who submitted a document to Congress falsely declaring that Donald Trump beat Joe Biden in Arizona in the 2020 presidential election were charged Wednesday with conspiracy, fraud and forgery, marking the fourth state to bring charges against “fake electors.” The eleven people who had been nominated to be Arizona’s Republican electors met in Phoenix on Dec. 14, 2020, to sign a certificate saying they were “duly elected and qualified” electors and claimed Trump had carried the state.
