The electrical grid is the backbone of modern America. It powers powers everything from homes and hospitals to data centers and electric vehicles. But according to a detailed analysis from Bank of America Institute, the grid is straining under the...
Perplexity, an emerging force in artificial intelligence, has offered a staggering $34.5 billion for Google’s Chrome browser, according to The Wall Street Journal. The unsolicited bid, which Perplexity confirmed to the newspaper, is far in excess of Perplexity’s own $18...
The Federal Reserve could be getting more than another dovish vote with the appointment of Stephen Miran as governor. It could signal an intention to amend the Federal Reserve Act and diminish policymakers’ independence, according to analysts at JPMorgan. On...
As artificial intelligence begins to jostle the labor market, it’s Gen Z tech workers who are at the greatest risk of being displaced by the technology, one Goldman Sachs economist warns. The unemployment rate for young people between 20 to...
The shocking jobs report on Friday wasn’t the only red flag. Indicators from the past week paint an overall picture of an economy that’s headed for a downturn, according to Moody’s Analytics chief economist Mark Zandi. After months of looking...
TikTok and Instagram are reportedly working on apps designed for television viewing. The move follows the success of YouTube’s TV app. At present, however, neither social network is reportedly courting a partnership with broadcasters. While streaming services are seeing more...
A federal judge on Monday ruled Planned Parenthood clinics nationwide must continue to be reimbursed for Medicaid funding as the nation’s largest abortion provider fights President Donald Trump’s administration over efforts to defund the organization in his signature tax legislation....
Hulk Hogan’s Real American Beer was bidding to buy Hooters before his death. It’s now unclear if that offer will continue. Hogan died Thursday, reportedly of cardiac arrest. The death of Hulk Hogan (real name Terry Bollea) Thursday marked the...
Gen Z is struggling to break into the entry-level job market—but young male college graduates may be hurting the most. The most recent data from the Federal Reserve indicates that the unemployment rate among recent college graduates is on the...
CBS says its decision to end Stephen Colbert’s late-night comedy show is financial, not political. Yet even with the ample skepticism about that explanation, there’s no denying the economics were not working in Colbert’s favor. The network’s bombshell announcement late Thursday that...
