The eleventh meeting of the US-EU Energy Council in Washington marks a significant convergence of minds, where U.S. Deputy Secretary of State Kurt Campbell and Europe's Energy Commissioner Kadri Simson, among other leaders, deliberate on the critical interplay between transatlantic cooperation and
The intersection of environmental stewardship and economic development has never been more critical than in today's climate scenario. The Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law (BIL) serve as cornerstones in the United States' journey towards a sustainable and
Generative Artificial Intelligence (AI) is dramatically transforming the retail landscape, with an expected economic impact of $9.2 trillion by 2029. As retailers navigate the early stages of data utilization, they need to balance the immense potential of AI with the various challenges it presents.
Economic Contributions Nationwide Employment Engine The U.S. retail industry is a crucial employment engine, according to a report by PricewaterhouseCoopers and the National Retail Federation. This sector provided jobs for 55 million people in 2022, accounting for 26% of all U.S. jobs—a notable
In 2022, the National Retail Federation highlighted the pivotal role of the retail industry in bolstering the US economy. As a prime employer, retail plays an integral part in the nation's job market, sustaining millions of jobs. Beyond employment, the industry significantly contributes to the
A landmark study from AI advisory firm Fifty One Degrees has revealed transformative potential for the financial sector through generative AI (GenAI). Assessing 311 tasks within 14 key industry functions, researchers found that an impressive 85% could see significant enhancements from AI
