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Elon Musk Mocks Nvidia, Meta Outperforms in AI Benchmark Tests, Jamie Dimon Envisions AI-Driven Future And More: Top AI Updates This Week
This week was a whirlwind of tech news, with major players like Elon Musk and Mark Zuckerberg making headlines. read more.....»»
Economic Report: Unemployment claims fall to pandemic low of 473,000 as businesses seek to hire more workers
Applications for U.S. unemployment benefits fell last week to a fresh pandemic low, reflecting more aggressive efforts by companies to hire new workers amid a rapid economic recovery. Initial jobless claims in the states dropped by 34,000 to 473,000......»»
Capitol Report: Key COVID-aid deadlines pushed back to the fall in new stimulus law
In the past, so-called policy "cliffs" have driven lawmakers to act and likely will again. Here are a few of the more significant deadlines facing Washington......»»
Capitol Report: Biden says he’s open to making his $1.9 trillion aid plan ‘cheaper’
President Joe Biden makes remarks during a visit to a Pfizer plant in the swing state of Michigan that is producing the drug maker’s COVID-19 vaccine......»»
Capitol Report: Dueling child-cash plans take center stage as coronavirus-aid outline takes shape
The $1.9 trillion coronavirus aid package making its way through Congress is set to be the venue for a new debate between Democrats and Republicans -- how best to get more money to families with children......»»
The man accused of breaking the window Ashli Babbitt tried to climb through when she was shot during the Capitol insurrection has been arrested
Chad Barrett Jones, of Coxs Creek, Kentucky, was arrested in Louisville Saturday and faces multiple charges, including assault on a federal officer. Riots at the US Capitol Building. Michael Nigro/Pacific Press:LightRocket/Get.....»»
Capitol Report: Companies donate to Biden’s inauguration: It’s ‘a way to try to ingratiate yourself with an incoming president,’ expert says
As President-elect Joe Biden prepares to take office on Wednesday, prominent U.S. companies are making donations toward his inaugural events, even as the proceedings will be largely online and scaled back......»»
JPMorgan CEO Jamie Dimon condemns Capitol Hill violence
The billionaire argued that elected officials have "a responsibility to call for an end to the violence, accept the results, and as our democracy has for hundreds of years, support the peaceful transition of power." .....»»
Economic Report: Existing-home sales fall in November as buyers struggle to find properties to purchase
The inventory of homes for sales dropped to a new record low, fueling major price increases......»»
Capitol Report: Congress steams toward approval of massive stimulus, government funding bill
Congress appeared Monday to be heading toward approval of a multitrillion mammoth year-end bill that would provide a boost for the economy and provide funding for the government through next fall......»»
Capitol Report: House appears poised to OK remote voting during coronavirus pandemic
The House of Representatives is poised to vote Thursday on allowing its members to vote remotely during the coronavirus pandemic, in what would be a history-making rule change......»»
Capitol Report: Trump says U.S. will stop funding World Health Organization
President Donald Trump on Tuesday said he is directing his administration to halt U.S. funding of the World Health Organization, as he accused the WHO of mismanaging and covering up the spread of the coronavirus and promised a review of the matter......»»
The rise and fall of Elizabeth Holmes, the Theranos founder awaiting trial on federal charges of "massive fraud"
Reuters/Stephen Lam Elizabeth Holmes dropped out of Stanford University at 19 to start blood-testing startup Theranos, and grew the comp.....»»
US gas prices fall below $2 per gallon for the first time in 4 years amid COVID-19 outbreak, crude price war
Steven Senne/AP The national average for a gallon of regular gasoline dropped to $1.99, a four-year low, according to an AAA report released Tuesday. Prices have been dragged down by the coronavirus pandemic and ongoing oil pric.....»»
Capitol Report: Warren in 3-way tie in Massachusetts primary, making race too close to call
The result in her home state is important for Warren’s campaign. It’s hardly a good look for a White House hopeful to lose his or her home state.....»»
Criminal prosecutors to drop trade secret charges against former Fitbit employees
Criminal charges will be dropped against former FitBit employees who were accused of stealing trade secrets from their former employer......»»
Capitol Report: Trump administration considers proposing new tax incentives for stock buying: report
The Trump administration is considering making it possible for Americans to invest more in the stock market on a tax-free basis, according to a report on Friday citing four unnamed administration officials......»»
Capitol Report: Trump acquitted by Senate, ending historic impeachment trial
The Senate on Wednesday acquitted President Donald Trump on charges of abuse of power and obstruction of Congress, capping the third impeachment trial in U.S. history as the 2020 race for the White House kicks into high gear......»»
John Stumpf’s Major Fall From Grace, Massive Fine and Ban From Banking
Of the major U.S. banking CEOs Jamie Dimon of JPMorgan Chase & Co. (NYSE: JPM) has by far the most visible and recognizable face among his peers. He has been considered for many years, with the........»»
John Stumpf’s Major Fall from Grace, Massive Fine and Ban from Banking
Of the major U.S. banking CEOs Jamie Dimon of JPMorgan Chase & Co. (NYSE: JPM) has by far the most visible and recognizable face among his peers. He has been considered for many years, with the........»»