Simone Del Rosario is a Straight Arrow News business correspondent based in New York City. She is an award-winning journalist who has traveled the world covering breaking news, interviewing global business leaders and uncovering untold stories.
Simone began her career in India reporting on economic development and has since made stops in Arizona, Washington, D.C., and Seattle before landing in New York. She is passionate about presenting financial news in a way that reaches the masses, not just avid investors.
Simone received her master’s degree in journalism from Northwestern University in Chicago, studying broadcast and business reporting. She has bachelor’s degrees in journalism and Spanish from New Mexico State University, where she was an athlete on the nationally-ranked rodeo team.
Outside the newsroom, you can usually find Simone at the nearest dog park with her rescue, Rookie, or in the stands cheering on her husband’s baseball team.
AI is coming for 300 million jobs. Is the future work optional?
Will generative artificial intelligence enhance the way professionals work or replace them altogether? While it is still in its early stages, generative AI is expanding automation into a much wider set of the workforce. Goldman Sachs predicted that AI could automate the equivalent of 300 million full-time jobs between the U.S. and Europe. “Some sort of luxury
The race to regulate AI hits snag; politicians don’t understand the tech
Should government have a role in regulating artificial intelligence? When asked in a closed-door meeting with tech executives, Senate Majority Leader Chuck Schumer said, “every single person raised their hands, even though they had diverse views.” The overnight sensation of ChatGPT put a timer on government oversight, as politicians scrambled to convene hearings on Capitol
Is it alive? How AI’s uncanny valley could threaten human interaction
The uncanny valley as a concept has been around for decades. But as artificial intelligence develops, technology is several steps closer to tricking human brains and manipulating emotions. The term uncanny valley is used to describe the emotional response from humans when encountering robots that appear human-like. AI expert and philosopher Aleksandra Przegalińska said humans
Why we fear AI, from a PhD in philosophy of artificial intelligence
Conversations around artificial intelligence are often filled with fear and threat. Much of it can be traced back to movies, news stories, and even comments by those developing the technology, according to a Harvard senior research associate with a Ph.D. in the philosophy of artificial intelligence. “Instead of focusing on things that are to be
UAW strike could cost billions. See the price of these 5 strikes in history.
United Auto Workers are striking against Detroit’s Big Three automakers at the same time for the first time. The impact could be financially devastating. Economists estimate 10 days on the picket lines against General Motors, Ford and Fiat Chrysler-parent Stellantis could cost the U.S. economy $5.6 billion and push Michigan into a recession. Strikes can
Americans say media bias divides the nation. This chart shows most polarizing.
For the first time in recorded history, more Americans report having no trust in mass media reporting the news fully, accurately and fairly than those who trust media a fair or great amount. The results from the most recent Gallup poll on the topic show overall trust in media remains near a record low. Meanwhile,
With college spending sprees, students and taxpayers foot much of the bill
Student loan debt is again accruing interest without much reform following a 3.5-year payment pause. Meanwhile, millions of current college students will soon join the existing indebted borrowers that have racked up around $1.8 trillion in debt to date. University spending sprees are far outpacing enrollment and inflation, fueling the student debt crisis. As colleges
‘Crazy’ auto loan payments of $1,000 or more: When will car market cool down?
Will those looking to buy a car ever catch a break? With interest rates around 7% and average monthly payments above $700, it has never been more expensive to buy and finance a new car while affordable used cars remain hard to find. A glimmer of hope has arrived for hopeful buyers: According to a
China’s population problem: Aging people, fewer babies, ‘lying flat’ youth
At one point, China was so worried about its rapidly growing population that the Chinese Communist Party implemented notorious family-planning policies. But now its population has peaked, its workforce is aging and the party can’t convince its people to have more kids. In 2023, India will take the long-held title of the world’s largest population
Russia sanctions ‘weaponized’ US dollar and now countries want to move away
The latest swell of dedollarization really gained steam after the U.S. levied harsh financial sanctions against Russia for invading Ukraine. Russia, its allies and economic partners have gone as far as discussing creating a brand new currency to combat dollar dominance. As the current world reserve currency, the U.S. dollar is at the center of
The dollar is king but for how much longer? How reserve currencies fell.
The U.S. dollar has been the world’s dominant reserve currency for as long as most people alive can remember. Dedollarization talk in the past has never amounted to much, but with renewed calls to dedollarize, is king dollar about to lose its reign? I should say never is a very long time. I shouldn’t say
Could BRICS nations dethrone US dollar dominance with a new currency?
The U.S. dollar’s global dominance has been a sure thing for about a century. Now emerging economies are looking to dethrone it. Foreign ministers from Brazil, Russia, India, China and South Africa, nations known collectively as BRICS, have recently discussed using alternative currencies to challenge U.S. global influence. Representatives from the bloc gathered in Cape
Countries are souring on the US dollar. Is dedollarization really a risk?
Is the U.S. dollar really at risk of losing its reserve currency status? Dedollarization talks are heating up as more countries look to cut the U.S. dollar out of trade transactions. What would a move away from the U.S. dollar mean for the U.S. economy and what currency could replace it? Geopolitical strategist Peter Zeihan