The Fed’s preferred measure of inflation, the Personal Consumption Expenditures (PCE) index, has cooled down in February. This measure is an important factor that the Federal Reserve considers when making…
Category: Business
New Rules Will Make Many Electric Cars Ineligible for Tax Credits
New Rules Will Make Many Electric Cars Ineligible for Tax Credits It’s no secret that electric cars are becoming increasingly popular. With the rise of climate change and the emphasis…
Lawmakers Rebuke Biden for Bypassing Congress in Trade Deal With Japan
Lawmakers Rebuke Biden for Bypassing Congress in Trade Deal With Japan In recent news, lawmakers have strongly rebuked President Joe Biden for bypassing Congress in his recent trade deal with…
Biden Calls on Regulators to Increase Oversight of Certain Banks
Earlier this week, President Joe Biden called on regulators to increase oversight of certain banks, citing the importance of preventing financial instability and protecting consumers. The move comes amid concerns…
Do We Know How Many People Are Working From Home?
The COVID-19 pandemic has changed the way we work and live, leading to an increase in the number of people working from home. But do we know how many people…
Former Starbucks CEO Howard Schultz Spars With Democrats at Senate Hearing
Former Starbucks CEO Howard Schultz Spars With Democrats at Senate Hearing At a recent Senate hearing, former Starbucks CEO Howard Schultz came under fire from Democratic senators who were concerned…
Top Fed Officials Criticize Silicon Valley Bank Executives at Senate Hearing
In a Senate hearing, several top officials from the Federal Reserve criticized the executives of Silicon Valley banks for their handling of risk management and compliance. The hearing, which took…
F.D.A. Approves Narcan for Over-the-Counter Sales
The United States Food and Drug Administration (FDA) has recently approved the opioid-overdose-reversal drug Narcan for over-the-counter sales. This decision is a massive step towards preventing opioid deaths, which is…
Biden Highlights Economic Investments Ahead of Expected 2024 Announcement
In a speech at a factory in Pennsylvania, President Joe Biden laid out his vision for America’s future, highlighting several economic investments that will help move the country forward. With…
How Chatbots and Large Language Models, or LLMs, Actually Work
Chatbots and large language models (LLMs) have rapidly transformed the way we interact with websites, applications, and devices. These smart, conversational user interfaces use natural language processing (NLP) and artificial…