AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

The last thing you need when you've lost your job is to be unable to file for unemployment. Or, if you're short on funds, to be stuck waiting for your stimulus check. Unfortunately, that's exactly ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

WASHINGTON — Most states – including those in the D.C. area, use a 60-year-old computer language called COBOL to run unemployment department computers. That’s according to a national association ...

The computer language known as Cobol turns 60 this year. Though not much is heard about the groundbreaking language these days, an estimated 80% of financial transactions still use Cobol. But as ...

Ventilators, retired doctors, N95 face masks — all have been in high demand from heads of state and U.S. governors, but now you can add COBOL programmers to that pandemic response list. That's right, ...

Sometimes, technology is a reasonable excuse for a holdup. But in the case of the unemployment benefits that are part of the $2.2 trillion CARES Act, processing delays are not due to a glitch, but the ...

Under the last coronavirus stimulus package signed into law late last year, each state was responsible for implementing federal unemployment extensions for people who lost their jobs in the pandemic.

TL;DR: Minecraft has long been a platform for impressive feats by modders, from recreating massive structures to running computer systems within the game. Now, a new project takes this creativity to ...

Damian Dovarganes / AP The COVID-19 pandemic has exposed aging, inflexible computer systems at the heart of the U.S. economy — and a shortage of experts to fix the problem. This is slowing the ...