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60 recent items
BAGANBAZAR GRAPHSource-attributed newsBUSINESS desk
Business

The addiction of online sports gambling: "Like crack in the '80s"

The money legally wagered on sports gambling has surged to $167 billion a year since it was legalized beyond Nevada in 2018. But data show, in states where online gambling has been made legal, bankruptcies and credit card delinquencies go up 25%. Correspondent Jim Axelrod talks to a gambler who wagers his annual income; and examines how the online betting platforms FanDuel and DraftKings – now the subjects of lawsuits regarding their design – interact with their customers.

Original sourceCBS
BAGANBAZAR GRAPHSource-attributed newsBUSINESS desk
Business

Rent or Buy? The Million-Dollar Question | Money Moves with Jill Schlesinger

It's an age-old question: Should you keep renting, or bite the bullet and buy your home? Today, Jill and Mark try to help caller Alan answer that very question—and the answer may be more complicated than you think! Plus, is anybody hitting the town anymore? As the price of a cocktail rivals the price of your lunch, Jill makes the case for staying in (mahjong included.)

Original sourceCBS
BAGANBAZAR GRAPHSource-attributed newsBUSINESS desk
Business

Anthropic model gains access to third-party organization without permission, company says

A lead researcher at Anthropic said "AI could kill all humans" on Tuesday, giving it a more than 10% chance within the next decade. The call now is for a global conversation about risk and safety. Jo Ling Kent has more from Silicon Valley, and Tristan Harris, co-founder of the Center for Humane Technology, goes deeper.

Original sourceCBS